Business Segments
JM’s business is managed in six business segments:
JM Residential Stockholm
The business segment develops residential projects in Greater Stockholm. Operations include acquisitions of development properties, planning, pre-construction and the production and sales of residential units.
JM Residential Sweden
The business segment develops residential projects in growth areas in Sweden, excluding Greater Stockholm. Operations include acquisitions of development properties, planning, pre-construction, production and sales of residential units
JM Norway
The business segment develops residential projects in Norway. Operations include acquisitions of development properties, planning, preconstruction, production and sales of residential units. Revenue recognition is reported using the percentage of completion method.
JM Finland
The business segment develops residential projects in Finland. Operations include acquisitions of development properties, planning, preconstruction, production and sales of residential units. Revenue recognition is reported using the percentage of completion method.
JM Property Development
The business segment primarily develops rental units, residential care units and commercial properties in Greater Stockholm. The business segment’s entire portfolio comprises project development properties. The operations include JM@home, which offers economic and technical management services to tenant-owners associations as well as housing services.
JM Construction
The business segment carries out construction work for external and internal customers in the Greater Stockholm area, focusing on projects that have synergies with residential project development.
