JM Expands Housing Footprint in the Nordic Region
March 31, 2025, 5:02 pm
In a bold move, JM is laying the groundwork for new residential projects in both Sweden and Finland. The company is a titan in the Nordic housing market, known for its commitment to quality and sustainability. With two significant projects announced, JM is poised to make a substantial impact on the housing landscape in these regions.
First up is the Utblicken project in Huvudsta, Solna. This venture marks the beginning of production for 86 tenant-owned apartments in a vibrant new area. Huvudsta Strandpark is a gem, nestled next to Bällstaviken, surrounded by lush greenery. The project is not just about building homes; it’s about creating a community. The apartments will vary in height, adding visual interest to the skyline.
Sales are already underway, with occupancy expected to kick off in the third quarter of 2026. Completion is slated for the end of 2026 or early 2027. This is just the tip of the iceberg. JM plans to construct around 480 residential units in Huvudsta Strandpark, spread across four blocks. Commercial spaces will also be integrated, creating a balanced environment for living and working.
The excitement is palpable. JM’s Regional Manager North, Malin Lindskog, expressed enthusiasm about the project’s location. It’s close to public transport, workplaces, and recreational areas. This accessibility is a magnet for potential residents. The combination of convenience and natural beauty makes Huvudsta a desirable place to live.
On the other side of the Baltic Sea, JM is making waves in Helsinki. The company has announced the start of production for approximately 70 rental units in Herttoniemi. This project is part of a larger initiative to develop 13 apartment buildings in the Sohlberg district. The first quarter of 2025 marks the beginning of construction, with completion expected by the second quarter of 2026.
Herttoniemi is a district that blends urban living with suburban charm. Located just seven kilometers from Helsinki’s city center, it offers a unique balance. Residents can enjoy the hustle and bustle of city life while retreating to a quieter neighborhood. The demand for rental housing in this area is strong, and JM is responding to that need.
Teppo Isokangas, Regional Manager East for JM Finland, noted the growing interest in rental housing. This project is the ninth in the Sohlberg district, showcasing JM’s commitment to meeting housing demands in expanding urban areas. The company’s focus on rental units reflects a broader trend in the housing market. More people are seeking flexibility and convenience, and JM is ready to deliver.
Both projects underscore JM’s strategic vision. The company is not just building houses; it’s shaping communities. The emphasis on sustainability is woven into every aspect of their operations. JM aims to create homes that are not only beautiful but also environmentally responsible. This commitment resonates with today’s homebuyers and renters, who are increasingly conscious of their ecological footprint.
JM’s operations extend beyond residential development. The company is also involved in commercial property development and contract work, primarily in the Greater Stockholm area. This diversification allows JM to adapt to market changes and seize new opportunities. With annual sales hovering around SEK 13 billion and a workforce of about 2,000 employees, JM is a powerhouse in the Nordic real estate sector.
The company is publicly traded on NASDAQ Stockholm, in the Large Cap segment. This status reflects its stability and growth potential. Investors are keenly watching JM’s moves, especially as the demand for housing continues to rise in metropolitan areas and university towns across Sweden, Norway, and Finland.
As JM embarks on these new projects, the focus remains on creating attractive living spaces. The housing market is evolving, and JM is at the forefront of this transformation. With a keen eye on sustainability and community development, the company is not just building homes; it’s crafting lifestyles.
In conclusion, JM’s expansion into Huvudsta and Herttoniemi signals a bright future for housing in the Nordic region. The company’s commitment to quality, sustainability, and community engagement sets it apart. As these projects take shape, they will undoubtedly become sought-after destinations for residents looking for modern living in vibrant neighborhoods. JM is not just constructing buildings; it’s laying the foundation for thriving communities. The future looks promising, and JM is ready to lead the way.
First up is the Utblicken project in Huvudsta, Solna. This venture marks the beginning of production for 86 tenant-owned apartments in a vibrant new area. Huvudsta Strandpark is a gem, nestled next to Bällstaviken, surrounded by lush greenery. The project is not just about building homes; it’s about creating a community. The apartments will vary in height, adding visual interest to the skyline.
Sales are already underway, with occupancy expected to kick off in the third quarter of 2026. Completion is slated for the end of 2026 or early 2027. This is just the tip of the iceberg. JM plans to construct around 480 residential units in Huvudsta Strandpark, spread across four blocks. Commercial spaces will also be integrated, creating a balanced environment for living and working.
The excitement is palpable. JM’s Regional Manager North, Malin Lindskog, expressed enthusiasm about the project’s location. It’s close to public transport, workplaces, and recreational areas. This accessibility is a magnet for potential residents. The combination of convenience and natural beauty makes Huvudsta a desirable place to live.
On the other side of the Baltic Sea, JM is making waves in Helsinki. The company has announced the start of production for approximately 70 rental units in Herttoniemi. This project is part of a larger initiative to develop 13 apartment buildings in the Sohlberg district. The first quarter of 2025 marks the beginning of construction, with completion expected by the second quarter of 2026.
Herttoniemi is a district that blends urban living with suburban charm. Located just seven kilometers from Helsinki’s city center, it offers a unique balance. Residents can enjoy the hustle and bustle of city life while retreating to a quieter neighborhood. The demand for rental housing in this area is strong, and JM is responding to that need.
Teppo Isokangas, Regional Manager East for JM Finland, noted the growing interest in rental housing. This project is the ninth in the Sohlberg district, showcasing JM’s commitment to meeting housing demands in expanding urban areas. The company’s focus on rental units reflects a broader trend in the housing market. More people are seeking flexibility and convenience, and JM is ready to deliver.
Both projects underscore JM’s strategic vision. The company is not just building houses; it’s shaping communities. The emphasis on sustainability is woven into every aspect of their operations. JM aims to create homes that are not only beautiful but also environmentally responsible. This commitment resonates with today’s homebuyers and renters, who are increasingly conscious of their ecological footprint.
JM’s operations extend beyond residential development. The company is also involved in commercial property development and contract work, primarily in the Greater Stockholm area. This diversification allows JM to adapt to market changes and seize new opportunities. With annual sales hovering around SEK 13 billion and a workforce of about 2,000 employees, JM is a powerhouse in the Nordic real estate sector.
The company is publicly traded on NASDAQ Stockholm, in the Large Cap segment. This status reflects its stability and growth potential. Investors are keenly watching JM’s moves, especially as the demand for housing continues to rise in metropolitan areas and university towns across Sweden, Norway, and Finland.
As JM embarks on these new projects, the focus remains on creating attractive living spaces. The housing market is evolving, and JM is at the forefront of this transformation. With a keen eye on sustainability and community development, the company is not just building homes; it’s crafting lifestyles.
In conclusion, JM’s expansion into Huvudsta and Herttoniemi signals a bright future for housing in the Nordic region. The company’s commitment to quality, sustainability, and community engagement sets it apart. As these projects take shape, they will undoubtedly become sought-after destinations for residents looking for modern living in vibrant neighborhoods. JM is not just constructing buildings; it’s laying the foundation for thriving communities. The future looks promising, and JM is ready to lead the way.