JM — M&A Activity 2013

Mar 7, 2013

Press release March 7, 2013

JM purchasing and selling senior housing in Malmö

By purchase option, JM has acquired the Basunen 3 property in Malmö from RBS Nordisk Renting.

The acquisition amounts to SEK 24 million and payment will be made at occupancy, which is planned for the end of March 2013. The Basunen 3 property has subsequently been sold to Bertlands Fastigheter AB. The sale amounts to SEK 42 million and payment will be made at occupancy, which is planned for April 2013. The profit amounts to SEK 18 million and will be reported in Q1 2013.

For more information please contact: Per-Anders Olsson, Assistant Regional Manager for South Region: +46 40-16 56 11 Anna Dahlman, Press Office: +46 8-782 88 63

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 the project development of commercial premises and contract work, primarily in the Greater Stockholm area. JM should promote long-term quality and environmental management in all its operations. Annual sales total approximately SEK 13 billion and the company has approximately 2,300 employees. JM AB is a public limited company listed on NASDAQ OMX Stockholm, Mid Cap segment.