JM continues to develop Frösunda Park (SE)

JM AB is building a new office block in Frösunda Park. Construction is scheduled to start in April. The offices, totalling 10,000 m², are expected to be ready for occupation in December 2006. The estimated project cost is approximately SEK 300 million (approx. €34m).

The project is part of the development of Frösunda Park where JM is also building 750 new residential units.

Frösunda in Solna has become a popular residential area and an attractive workplace, due among other things to the successful combination with parallel construction of offices and homes with excellent local services. The new offices meet JM´s high requirements on design, quality and environment. The new premises will be space-efficient regardless of whether tenants choose open plan or individual rooms and all workplaces will have natural light.

Eva Eriksson, newly appointed head of JM Property Development, JM AB, comments: Frösunda in Solna has rapidly become a highly sought-after, lively district offering a good combination of homes and workplaces, and we are seeing increased demand for modern, effective premises. Our aim is to attract one or more large companies as tenants and we are already talking to a number of prospective customers.

The location - close to Arlanda Airport and the center of Stockholm - suits the large company of today, especially those with international operations. The added bonus of being able to display their brand to the 140,000 vehicles that drive past every day makes this high profile site unique.

Source: JM

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