JM buys a property in Kera, Espoo Greater Helsinki within the precincts of. Housing and payment will take place in Q4 2021. The value of the acquisition is approx SEK 150 million. JM is preparing a town plan for the property, which aims to enable the development of about 500 apartments, various services and other functions, such as business premises.
The transaction will be reported in the fourth quarter of 2021 JM International business segment. Kera is an example of a new urban development where residents, landowners, businesses and other development partners work closely together to create a smart city together.
“We share a common vision with the city and see Kera as a pioneer in sustainable urban development, testing solutions that support a carbon-neutral circular economy, among other things. The acquisition strengthens JM’s position and visibility as one of our key targets. Greater Helsinki in the region, “he says Markus Heino, Chairman of JM Finland. “
JM certifies all new apartments Finland, Swedish and Norway According to the swan mark. JM is thus the first Nordic construction company to have certified its entire housing production in accordance with the Swan Label.
For more information, contact: Markus Heino, President and CEO JM Finland, +358 405 00 1263
Katarina Jordell Rimmerfeldt, Director Communications JM Group, +46 73 432 61 20
JM is one of the leading developers of residential and residential areas in the Nordic countries. Activities focus on the production of new housing in attractive locations, with a focus on expanding the Helsinki metropolitan area and university cities Swedish, Norway and Finland. We are also involved in project development and contract work for retail premises, primarily Greater Stockholm within the precincts of. JM must promote long-term corporate responsibility work in all its activities. Total annual sales approx SEK 15 billion and the company has approximately 2,400 employees. JM is a public limited company listed on the NASDAQ Stockholm Large Cap segment. More information is available at www.jm.se/en.
https://news.cision.com/jm/r/jm-acquiring-property-for-residential-development-in-kera–espoo–the-greater-helsinki-area,c3476993
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