JM Construction building apartments in Norra Djurgårdsstaden, Stockholm

JM Construction has signed an agreement with HSB Bostad to construct 62 residential units through a turnkey contract. The total contract amounts to SEK 132m, which will be evenly distributed across the term of the contract.

The contract comprises new construction of 62 tenant-owned apartments that will satisfy the requirements for the Silver level in the Swedish Green Building Council's classification system. Construction start-up is planned for Q3 2017, and the contract will be completed at the beginning of 2019. 

“We are very pleased that HSB Bostad has entrusted us with the Broparken project, and we are looking forward to additional construction in the expanding Djurgårdsstaden area,” says Peter Neuberg, president of JM Construction. 

For additional information, please contact:
Alexandra Jansson, Regional Manager Buildings, +46 (0)8 782 85 86
Sepideh Imani, Head of Communication and Analysis, +46 (0)8 782 14 29

This information is information that JM AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on 2017-02-27.

JM is one of the leading developers of housing and residential areas in the Nordic region. Operations focus on new production of homes in attractive locations, with emphasis on expanding metropolitan areas and university towns in Sweden, Norway and Finland. We are also involved in project development of commercial premises and contract work, primarily in the Greater Stockholm area. JM should promote long-term sustainability work in all of its operations. Annual sales total approximately SEK 15 billion and the company has about 2,400 employees. JM is a public limited company listed on NASDAQ Stockholm, in the Large Cap segment. More information is available at www.jm.se/en.

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