JM acquiring property in Lindholmen, Gothenburg

JM is acquiring the Lindholmen 1:29 property in Lindholmen, Gothenburg. The deal
is worth SEK 27.5m, and an additional sum will be paid when the local plan has
obtained final approval. Occupancy and payment will take place during Q1 2015.
The property is being acquired from AGA AB; development of the property is
estimated to result in 300-500 housing units.

JM plans to help develop Lindholmen into a socially and ecologically sustainable
neighborhood with a mixture of businesses and housing as a means to attract a
diverse group of the city's inhabitants.

"It is gratifying that the deal with AGA has been closed. The property has been
in AGA's possession a long time, and we are looking forward to being an active
part of Lindholmen's current transformation. There is no other area in
Gothenburg where the transformation from an industrial area to a high-tech and
knowledge-intense community is as clear as it is here. JM wants to be a part of
the process," says Martin Svahn, regional manager at JM, West Region.
For additional information, please contact:
Martin Svahn, Regional Manager at JM, West Region, +46 (0)31 703 58 75
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 the main focus on expanding metropolitan areas and university
towns in Sweden, Norway, Denmark, Finland and Belgium. We are also involved in
project development of commercial premises and contract work, primarily in the
Greater Stockholm area. JM shall promote long-term quality and environmental
management in all its operations. Our annual sales total approximately SEK 13
billion and the company has about 2,200 employees. JM AB is a public limited
company listed on the NASDAQ Stockholm, Large Cap segment.