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  • JM
    Gustav lll:s boulevard 64, Solna S-169 82 STOCKHOLM
    +46 8 782 87 00
    http://www.jm.se
  • Katarina Rimmerfeldt

    Communications Manager


    +46 73 432 61 20
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    JM Construction selling property in Värmdö, Stockholm

    JM Construction has signed an agreement to sell the Gustavsberg 1:434 property. The deal is worth SEK 24m.The property is located in the Ekobacken area of Gustavsberg in Värmdö Municipality, which is about 20 km east of central Stockholm. Occupancy for the buyer will take place in Q3 2019, which is also when payment will be made. The sale’s positive outcome is SEK 12m, and it will be reported as gains on the sale of property in Q3 2019 under the JM Construction business segment. JM Construction is planning to gradually sell more zoned industrial land in the area up to 2021. The land’s

    JM Construction selling property in Värmdö, Stockholm

    JM Construction has signed an agreement to sell the Gustavsberg 1:523 property. The deal is worth SEK 60m.The property is located in the Ekobacken area of Gustavsberg in Värmdö Municipality, which is about 20 km east of central Stockholm. Occupancy for the buyer will take place in Q2 2019, which is also when payment will be made. The sale’s positive outcome is SEK 34m, and will be reported as gains on the sale of property in Q2 2019 under the JM Construction business segment. The sale of the property is important in terms of connecting the Ekobacken area with the retail hub at Värmdö

    JM enters settlement agreement regarding outstanding receivable

    Through its subsidiary JM Construction AB, JM has entered a settlement agreement with an external buyer, which will result in a positive cash flow of SEK 320m.JM Construction AB performed contract work on current account in the amount of SEK 1.6bn between 2013 and 2016. The final inspection was completed in 2016, and the project as a whole was approved at that time. JM has been involved since then in an arbitration process regarding the outstanding receivable. A settlement agreement has now been signed by both parties, which will result in a positive cash flow of SEK 320m for JM during

    Change in JM’s Executive Management

    Peter Neuberg, Business Unit Manager of JM Construction, has announced that he would like to resign his positions as Business Unit Manager and President of JM Entreprenad AB.Peter’s successor will be communicated separately. Sören Bergström, previously Business Unit Manager of JM Residential Sweden, has been named Acting Business Unit Manager of JM Construction and President of JM Entreprenad AB. Sören will take over on November 27 and will be a member of JM’s Executive Management. “Peter Neuberg took over the role as Business Unit Manager of JM Construction in 2015, and he has played an

    JM Construction doing site and engineering work at Stockholm Norvik Port in Nynäshamn

    Ports of Stockholm has entrusted JM Construction with conducting extensive site and engineering work for the new container port in Nynäshamn.The construction contract is expected to get underway in Q1 2018, and be completed by the end of 2020. JM Construction will carry out water and sewage work, shaft and backfill work and extensive surface work (asphalting and paving) for the future container port. “We are very proud and pleased to have been chosen by Ports of Stockholm to help develop Stockholm Norvik Port in Nynäshamn. The project comprises large areas, and we will have the

    JM Construction building residential units in Tyresö, Stockholm

    JM Construction has signed an agreement with Småa to construct tenant-owned apartments, townhouses and premises through a turnkey contract. The total contract amounts to SEK 113m.The contract comprises new production of 38 apartments, 9 townhouses and 3 additional premises. Establishment and ground work are scheduled for June 2017, and the project is expected to be completed by Q3 2019. The project will be constructed in accordance with the Silver level in the Swedish Green Building Council's classification system. “We are very pleased that Småa has entrusted us with the Grönskan project,

    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,

    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

    JM Construction building energy-efficient homes in Norra Djurgårdsstaden, Stockholm

    JM Construction has signed an agreement with Riksbyggen to construct 49 residential units, a preschool and a parking garage through a turnkey contract. Construction start-up is planned for Q2 2017, and the contract will be completed at the end of 2018. The total contract amounts to approximately SEK 160m, which will be evenly distributed across the term of the agreement.The contract comprises new construction of 49 residential units that will satisfy the requirements for the Gold level in the Swedish Green Building Council's classification system. It also includes a preschool comprising 600

    JM Construction building Hagaskolan in Vallentuna

    Vallentuna Municipality, located just north of Stockholm, has entrusted JM Construction with a turnkey contract to construct a school – Hagaskolan.The contract includes new construction of the school and playground. Hagaskolan will be built in what is currently a wooded area, which will be partially preserved for the future playground. The gross floor area is approximately 13,900 square meters and the lot area is 45,000 square meters. The school will consist of two buildings – the school building and a gymnasium – on two floors. The premises will house a preschool, with space for 80

    JM Construction continues to build the new Slussen, Stockholm

    The City of Stockholm Development Office has designated JM Construction to be its general contractor for the construction of the quay in the Slussen project.The contract includes the construction of a 200-meter quay, a surface water reservoir, culverts, pipeline and cable relocation and a provisional bus terminal for the Nacka buses. This assignment is in addition to an ongoing project, where JM Construction and the City of Stockholm Development Office have been working together since 2013 to complete an extensive relocation of pipelines and cables at project at Slussen.   “We are very

    JM Construction wins tender in new Danderyd Centrum, Stockholm

    Skandia Fastigheter has selected JM Construction to be responsible for, as part of a turnkey contract, the construction of the Hus 4 office building at the emerging Danderyd Centrum.The contract includes the construction of 5,200 sq m divided across nine floors on the southern part of existing Mörby Centrum. The project is the first step in an extensive renovation of Mörby Centrum, which will be transformed into Danderyd Centrum. “We are pleased that we have been selected to work with Skandia Fastigheter, a professional property owner with an excellent reputation and considerable

    JM Construction wins Swedavia’s procurement contract for new operational area at Arlanda Airport

    JM Construction has been entrusted with a general contract to take care of new construction and renovation of a new operational area with BREEAM/CEEQUAL classification.The procurement pertains to a new operational area with an agreement term of just over two years. The agreement is valued at approximately SEK 760m. The revenue will be evenly distributed over the term of the agreement. The agreement will turn into a collaborative contract with immediate pre-construction involvement and commencement of preparatory work in the construction area. The contract comprises renovation of 20,000

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