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ARTICLES TAGGED WITH "JM"

Henrik Brinck Landelius joins JM

Sweden — JM has recruited Henrik Brinck Landelius as the new head of the business segment JM Stockholm. He will take up his position on February 9, 2026, and will be part of JM’s Executive Management Team.

JM starts production of housing in Oslo and Bergen

Norway — JM has started production of two Norwegian housing projects. Granstangen Park in Furuset, Oslo, which consists of 81 owner-occupied homes. Michelsen, which consists of 75 owner-occupied apartments in the Fana district of Bergen.

“Can save a quarter of a million per newly built apartment”

Nordic — JM has adopted new financial targets. Some things in them remain the same while others have changed quite a bit. The biggest change is in terms of emissions and capital employed. CEO Mikael Åslund talks in depth about the new targets.

This is what JM's new headquarters will look like

Sweden — Skytteholms IP is being renovated with new stands and increased audience capacity, while JM will have its new headquarters adjacent to the sports field. The plans are now up for consultation and Nordic Property News can reveal more about the development.

JM scraps residential project – returns land allocation

Sweden — The construction group JM is returning a land allocation for approximately 150 student housing units in Gamlestaden, Gothenburg. The primary reasons cited are rising construction costs combined with increased yield requirements from investors.

JM recruits from Bonava

Sweden — Jenny Angseryd appointed new Head of Work Environment for the JM Group.

Norwegian billionaire increases holdings in JM and Bonava

Sweden — Norwegian billionaire Frederik Mohn has increased his holdings in housing developers Bonava and JM during July.

Capman invests in multifamily housing development in Stockholm

Sweden — Capman Real Estate, through its third value-add fund Capman Nordic Real Estate III (CMNRE III), has acquired a residential development project comprising 205 rental units in Jakobsberg, Järfälla from JM. The project is expected to be completed in Q4 2027.

Vasakronan sells to JM

Sweden — Vasakronan has sold part of the Hugin block (Kungsängen 16:6), including development rights for approximately 400 residential units. The buyer is JM, and the transaction amounts to SEK 475 million.

JM sells in Bergen

Norway — JM has signed an agreement with Rudenhaugen AS for the sale of five properties in Bergen.

The industry on the future demand for saunas

Nordic — After Finnish comedy group KAJ won big with the song "Bara bada bastu"(Just take a sauna) in the Swedish Melodifestivalen a little more than a week ago, Nordic Property News asked the question – will more people want to take a sauna now and let the sweat swirl? Will it affect what is demanded in newly produced residential and to what extent are companies working with offering a sauna today? Six companies in the industry answer this question.

JM starts residential in Helsinki

Finland — The JM Finland business unit starts production of 34 homes in the first project in a new neighborhood Pasila, Helsinki.

JM sells in Järfälla

Sweden — JM has signed an agreement with Urbanea for the sale of properties in Bolinder Strand, Järfälla. The transaction amounts to SEK 117 million (EUR 10.7 million).

JM sells property in Tønsberg

Norway — JM has signed an agreement for the sale of a property located in Tønsberg, in Vestfold county.

JM buys Norwegian building rights

Norway — JM has signed an agreement for the acquisition of building rights for the development of approximately 350 residential units in Høn in Asker, just outside Oslo. The agreement is conditional on a legally binding detailed plan and amounts to approximately SEK 460 million (EUR 42 million).

JM comments on the notices and the interest rate cut

Sweden — On Tuesday morning JM announced that they are notifying 145 employees. It is mainly craftsmen in Stockholm and Malmö who are affected, according to CEO Mikael Åslund. He also comments on the news about the latest interest rate cut in Sweden.

JM announces potential lay-offs

Sweden — In order to adapt the operations to lower production volumes, JM is announcing 145 potential lay-offs within the production organization in Sweden due to redundancy.

JM sells rental property in Uppsala

Sweden — JM has signed an agreement with Hemvist for the sale of a rental property located in Bäcklösa, Uppsala. The transaction amounts to SEK 348 million (EUR 30 million).

Change in JM’s Executive Management

Sweden — Malin Lundgren, Director of Human Resources, has chosen to leave JM.

JM sells rental property in Järfälla

Sweden — JM has signed an agreement for the sale of a rental property located in Järfälla, Stockholm. The transaction amounts to SEK 497 million (EUR 45 million).

Johan Skoglund: "The banks are a bit more stingy these days"

Nordic — JM has submitted its interim report for the first quarter of 2024 and a satisfied Johan Skoglund meets the press in this, his very last presentation as president and CEO of the company. Because even though the financing budget has shrunk a little in recent years and revenues at national level have decreased, the company's sales are up by 60 percent compared to the previous year's report. "We plan to start more homes this year than we did in 2023," says Johan Skoglund to Nordic Property News.

JM sells rental property in Sundbyberg to Bonnier Fastigheter

Sweden — JM has signed an agreement with Bonnier Fastigheter AB for the sale of a rental property in Rissne, Sundbyberg. The transaction amounts to SEK 410 million (EUR 37 million).

Mikael Åslund new President and CEO of JM

Nordic — JM’s board has appointed Mikael Åslund as the new President and CEO from June 1, 2024. He will succeed Johan Skoglund, who will retire at the same time.

JM’s subsidiary AB Borätt makes Sollentuna acquisition

Sweden — JM’s subsidiary AB Borätt has acquired building rights for the development of approximately 220 residential units located in Sollentuna just north of Stockholm. The acquisition amounts to approximately SEK 150 million including a paid development contribution.

JM makes two new acquisitions in Norway

Norway — JM has acquired building rights for the development of approximately 130 homes in Brundalen near the center of Trondheim and building rights for the development of approximately 75 homes in the center of Bergen.