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Press release

JM starting production of housing for the private market in Espoo

JM

JM have started the production of 52 owner-occupied residential units in the first project in a new block in Tapiola, Espoo.

The housing start is reported within the JM Finland business segment in the fourth quarter of 2025. Sales are underway and completion is estimated for the second quarter of 2027.

– JM plans to build a total of 200 high quality residential units in Tapiola. The project starting now will be the first Swan labeled housing in the area, says Kati Valtonen, Regional Manager West, JM Finland.

The apartments will be in an excellent location close to the services available in Tapiola center, only eight kilometers from the center of Helsinki. Tapiola is one of Espoo’s major urban centers and a cultural hub, originally built in the 1950s–1960s as a model garden city and considered an important example of Finnish urban planning.

Project information: https://www.jmoy.fi/asunnot/espoo/tapiola/asunto-oy-espoon-vellamonneito/

For more information please contact:
Kati Valtonen, Regional Manager West, JM Finland, +358 40 725 1614
Katarina Jordell Rimmerfeldt, Head of Communications, +46 73 432 61 20, press@jm.se

About JM
JM is the leading developer of housing and residential areas in the Nordic region. Operations focus on new production of homes in attractive locations, with emphasis on expanding metropolitan areas and university towns in Sweden, Norway and Finland. We are also involved in project development of commercial premises and contract work, primarily in the Greater Stockholm area. JM should promote long-term sustainability work in all of its operations. Annual sales total approximately SEK 11 billion and the company has about 1,800 employees. JM is a public limited company listed on NASDAQ Stockholm, in the Large Cap segment. For more information www.jm.se/en

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251211 JM starting production of housing for the private market in Espoo

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