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JM: JM acquiring property in Malmö, Sweden

JM is acquiring the Havsprinsen property located in Dockan in Malmö.
The transaction is worth SEK 63m, with occupancy and payment planned
for Q4 2016.

The property is being sold by PEAB, and is an extension of the
cooperation agreement that the parties signed in 2000. The acquired
property's detailed plan has gained final approval, and 86
residential units with 1-5 rooms can be built. The Havsprinsen area
is adjacent to the marina in Dockan in the western part of Malmö.

"The acquisition of Havsprinsen is in line with our ambition to
increase the number of building rights in Malmö. This gives us an
opportunity to develop attractive residential units halfway between
the sea and the city," says Susanne Persson, Regional Manager, JM
South Region.

For additional information, please contact:
Susanne Persson, Regional Manager, South Region, +46 (0)40 16 56 46
Sepideh Imani, Head of Communication and Analysis, +46 (0)8 782 14 29

This information is information that JM AB is obliged to make public
pursuant to the EU Market Abuse Regulation. The information was
submitted for publication, through the agency of the contact person
set out above, at 09:00 CET on 2016-11-10.

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 should promote
long-term sustainability work in all of its operations. Annual sales
total approximately SEK 15 billion and the company has about 2,400
employees. JM is a public limited company listed on NASDAQ Stockholm,
in the Large Cap segment. More information is available at


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