JM acquiring property in Krokslätt, Gothenburg
Together with Skanska, JM is acquiring three adjoining properties in Krokslätt, Gothenburg. The transaction amounts to SEK 155m for JM. Occupancy and payment are planned to take place in Q1 2015.The properties are being acquired from Alecta pensionsförsäkring, ömsesidigt, and the detailed plan has gained final approval for development of approximately 500 residential units and some commercial premises. JM's share of the future development is 65%. JM is planning to build tenant-owned apartments and commercial premises with planned production start-up at the end of 2015. "It is