JM has acquired building rights for the development of approximately 75 residential units located centrally in Bergen. The acquisition amounts to approximately
The acquisition will be reported within the JM Norway business segment in the fourth quarter of 2023.
The property has a detailed plan that has gained final approval and is judged to allow the development of approximately 75 residential units as well as 1,100 square meters of commercial premises. The property is centrally located in the heart of an attractive area in Bergen, with immediate proximity to public transport.
- This acquisition strengthens our presence in Bergen and is part of JM's long-term strategy to grow in the region, says
For additional information, please contact:
Katarina Rimmerfeldt, head of communications
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
https://news.cision.com/jm/r/jm-acquiring-property-for-residential-development-in-bergen,c3898497
https://mb.cision.com/Main/1261/3898497/2513198.pdf
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