JM acquiring property in Trondheim, Norway

JM is acquiring centrally located property in the eastern part of Trondheim, Norway. The property’s local planning has gained final approval for approximately 170 apartments.The deal is worth SEK 90m and will be reported in Q1 2019 under the JM International business segment. Payment will be made in Q2. The property is centrally located at Brundalen/Charlottenlund in the eastern part of Trondheim, which is part of a larger development area called Granås Öst. A total of approximately 800 residential units will be built. The property has access to good public transit, and there are schools