JM acquiring 330 building rights for residential development in Gothenburg
JM has acquired building rights for the development of approximately 330 residential units located in the Gamlestaden district in Gothenburg. The acquisition amounts to approximately SEK 160 million, with occupancy and payment in the third quarter of 2022.The acquisition, which is part of the property Olskroken 18:7 at Gamlestadens fabriker, will be reported within the JM Residential Sweden business segment in the third quarter of 2022. Gamlestaden is being developed into an attractive district with new residential units, city shopping and services. The new construction will be