JM receiving SEK 20 million in profit sharing from property sale
RBS Nordisk Renting acquired the Karlberga 2 property in Södertälje from JM in 1999, and is now selling the property to Rikshem. JM is entitled to profit shares when the property is sold.The earnings and payment to JM amount to SEK 20 million and will be recognized as equal shares in the JM Property Development and JM Residential Stockholm business segments in Q2 2014. The property consists of approximately 7000 m2and has been developed for senior housing. For more information please contact:Lars-Olof Höglund, Head of JM Property Development, +46 8 782 89 83Anders Stålhammar