JM acquires land in Brussels commune Anderlecht

The JM subsidiary in Belgium, JM Construction, has signed an agreement with Doyen Auto regarding acquisition of land in Anderlecht in Brussels. The agreement allows for a possible development of 130 attractive apartments on a former centrally located industrial land.

– This is an exciting project in one of the more expansive areas in Brussels, according to Göran Sjöborg, Managing Director, JM Construction. By this acquisition JM strengthen its position in the Brussels region.

JM has already entered into several agreements regarding land in Namur, the capital of Wallonia, giving conditions to develop 800 housing units.

Design is already in progress and JM estimate construction works to start during the second half of 2008.