trending Market Intelligence /marketintelligence/en/news-insights/trending/kxn0te4qlnko_jdgmykwbq2 content esgSubNav
In This List

JM AB signs 437M kronor deal for Stockholm site

Blog

Infographic: Key questions when assessing an Alternative Investment Funds (AIFs) creditworthiness

Blog

Perspectives from China: Chinese M&A in 2022

Blog

Headwinds slow global M&A in Q2’22

Blog

New Corporate Realities: The Next Generation of Managing Risk and Operations


JM AB signs 437M kronor deal for Stockholm site

JM AB signed a 437 million Swedish kronor deal with the city of Stockholm to acquire a piece of land in the city's Persikan area.

The site carries redevelopment approval for a roughly 280-unit residential scheme. An old bus depot which occupies the site will be torn down to give way for the redevelopment.

Occupancy of the scheme and settlement of the payment will take place in phases between 2019 and 2021.

As of March 23, US$1 was equivalent to 8.25 Swedish kronor.