JM Construction building residential units in Tyresö, Stockholm

JM Construction has signed an agreement with Riksbyggen to construct 72 tenant-owned apartments and a parking garage through a turnkey contract. The total contract amounts to SEK 140m.

The contract comprises new construction of 72 apartments divided over five stairwells, as well as a two-story garage. Establishment and ground work are scheduled for June 2017, and the project is expected to be completed by Q2 2019. The project will be certified in accordance with the Swedish Green Building Council’s Silver level.

“It is very gratifying once again to be launching a project with Riksbyggen, which will entail positive cooperation. We have prepared together for this project in order to create long-term sustainable and sound residential units,” 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 2017-03-29.

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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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 the main focus on expanding metropolitan areas and university towns in Sweden, Norway, Denmark, Finland and Belgium. We are also involved in project development of commercial premises and contract work, primarily in the Greater Stockholm area. JM seeks to promote long-term quality and environmental considerations in all its operations. Annual sales total approximately SEK 17 billion and the company has about 2,500 employees. JM is a public limited company listed on NASDAQ OMX Stockholm, in the Large Cap segment.