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JM Construction acquires land in Brussels

The JM subsidiary in Belgium, JM Construction, has signed an agreement with Doyen Auto regarding acquisition of land in Anderlecht in Brussels. The agreement allows for a possible development of 130 attractive apartments on a former centrally located industrial land. The purchase is worth SEK 40 million. Payment and entry date will be in October. Design is already in progress and JM estimate construction works to start during the second half of 2008.



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