JM in swap transaction with Vasakronan in Uppsala, Sweden

JM is buying and selling properties in Uppsala with a March 10 occupancy and
vacating date.
JM is purchasing the Kvarngärdet 1:34 property and selling the Kungsängen 14:1
property, both of which are located in Uppsala.

The acquisition is being made as a real estate transaction, and the purchase
price is SEK 60 million. Vasakronan is the seller. The acquired property’s
detailed plan has gained final approval, and 180 residential units with 1-5
rooms can be built in Kapellgärdet. The property is located next to the Tornet
area, which previously belonged to JM.

The sale is being made as a real estate transaction, and the purchase price is
SEK 6.4 million. Vasakronan is the buyer. Payment and occupancy for the two
properties was on March 10, 2016.

“The Kvarngärdet property is located in attractive Kapellgärdet, close to the
central areas of Uppsala where JM has been active for a long time. We now have
an opportunity to develop an attractive neighborhood in the area,” says Per
Johansson, regional manager, East Region.

The sales start for the first phase will be in May when 37 apartments with a
fantastic view from sunny balconies will be released. The area is surrounded by
verdant passages, and the beautifully designed garden will be natural gathering
place.
For additional information, please contact:
Per Johansson, Regional Manager, East Region, +46 (0)18 660 339

Sepideh Imani, Head of Communication and Analysis, +46 (0)8 782 14 29
JM is one of the leading developers of housing and residential areas in the
Nordic region. Operations focus on new production of homes in attractive
locations, with emphasis on expanding metropolitan areas and university towns in
Sweden, Norway and Finland. We are also involved in project development of
commercial premises and contract work, primarily in the Greater Stockholm area.
JM seeks to promote long-term quality and environmental considerations in all
its operations. Annual sales total approximately SEK 14 billion and the company
has about 2,300 employees. JM is a public limited company listed on NASDAQ
Stockholm, in the Large Cap segment.