JM Negotiates Acquisition in Oslo


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Tuesday, 07 June 2011
Real estate Company, JM is negotiating with the owners of �IE AS, Oslo, to acquire all shares in the company and a project portfolio for residential development of over 600 building rights.


The business, with about 70 employees and a building rights portfolio, is mainly located in northern Oslo according to a press release.
The acquisition is subject to completion of due diligence and a local authority decision planned for June/July.

JM’s growth strategy includes growth in Norway, particularly in the Oslo area according to a statement from the company.
By Team

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