JM acquires property in Uppsala


JM acquires property in Uppsala

JM is acquiring the Kungsängen 28:1 property in Uppsala Municipality. The
property includes a newly adopted local plan for housing consisting of
approximately 200 residences.

The purchase price amounts to 95 MSEK. Access and submission of the main part of
the payment are due to take place during the first six months of 2013.

The seller is KB Kungsängen 28:1.

“We’re very happy to be able to acquire additional residential development
rights in the attractive Kungsängen area in Uppsala, within walking distance of
central Uppsala. JM has already built XXX residences within the area and, after
this acquisition, will have approximately 750 residential development rights at
its disposal, where the first stage will be available for sale during spring
2012,” says Per Johansson, Regional Manager JM.

For more information, please contact:
Per Johansson, Regional Manager JM Bostad: 018-66 03 39
Tomas Hedenius, Press Officer: 08-782 86 61