The Real-Estate Market Caught in a Tangled Web of Ownership and Debt
Many of Sweden’s property tycoons own stakes in rival companies—and when one firm wobbles, others can feel the pain.
JM AB (publ) develops and sells housing and residential areas in the Nordic region. The company operates JM Residential Stockholm, JM Residential Sweden, JM Norway, JM Finland, JM Property Development, and JM Construction segments. It also engages in the acquisition of development properties; planning, pre-construction, production, and sale of residential units; development of rental units, residential care units, and commercial properties; and contract works primarily in the Greater Stockholm area. The company was incorporated in 1945 and is headquartered in Solna, Sweden.
16.84 | |
16.84 | |
- | |
16.84 | |
16.84 | |
7.6258-19.19 | |
1 098 M | |
22.4933 | |
64 505 K | |
15 084 M | |
0.0151 | |
1.567 |
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Many of Sweden’s property tycoons own stakes in rival companies—and when one firm wobbles, others can feel the pain.
For long-term investors, assessing earnings trend over time and against industry benchmarks is more beneficial than examining a single earnings announcement at a point in time. Investors may find my c...
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