JM signs conditional agreement for the acquisition of property on Stora Essingen in Stockholm
JM has signed a conditional agreement to acquire the properties Ångtvätten 16, Tvålen 7 and Stora Essingen 1:4 following final approval for the local planning. The planned project includes approximately 230 residential units.The properties are located on the north side of the island of Stora Essingen. They include more than 19,000 m2 of rentable space that consists primarily of commercial premises and a parking garage. The planned acquisition is part of a larger development area comprising around 700 residential units. The price will be agreed, and cash will be paid in conjunction with