Homes in Stockholm. Zdravko Markovski, Business Unit Manager, JM Residential Stockholm and JM Property Development

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1 Homes in Stockholm Zdravko Markovski, Business Unit Manager, JM Residential Stockholm and JM Property Development

2 SEK/m 2 Prices for tenant-owned apartments Stockholm region 2000 Q Price trend on existing home market Östermalm City/Vasastan Source: Mäklarstatistik WSP, Tyréns Temaplan AB and Erik Olsson Fastighetsförmedling AB Entire downtown area Kungsholmen Södermalm Nearby suburbs Uppsala Municipality Periphery - north Periphery - south Periphery Capital Market Day 25 Nov// ZM 2

3 Home sales figures JM Residential Stockholm Number ) ) ) Jan-Sep 2011 Q1 Q2 Q3 Q4 1) Includes rental units 562 2) Includes rental units 211 3) Includes rental units Capital Market Day 25 Nov// ZM 3

4 Housing starts JM Residential Stockholm Number ) ) ) Jan-Sep 2011 Q1 Q2 Q3 Q4 1) Includes rental units 492 2) Includes rental units 211 3) Includes rental units Capital Market Day 25 Nov// ZM 4

5 Demographic development vs housing production Number Stockholm Increased population Completed homes Increased population covered by newly produced housing Source: Statistics Sweden, compiled by Prognoscentret Aug /25/ Capital Market Day 25 Nov// ZM 5

6 Population increase Stockholm county Number ) 1) Including: Birth surplus 13,982 Source: Statistics Sweden/Office of Research and Statistics Net migration rest of Sweden 6,070 abroad 15,059 Total Increase 35, Capital Market Day 25 Nov// ZM 6

7 Housing production vs. population growth Stockholm county Number of homes Population growth Number of homes Number of people estimated at 1.8 person per unit ) 1) Through Q Source: Statistics Sweden Capital Market Day 25 Nov// ZM 7

8 JM target groups Young Adults Own income, independent living No children Age: about Modern families with children Families with children under 11 years Age: about Mid-life Seniors No children living at home Age: about Retired Age: about 70 and up Capital Market Day 25 Nov// ZM 8

9 % JM buyers by target group - Tenant-owned units Young adults Modern families with children Mid-life Senior Others Compilation based on buyers moving in to homes in Sweden during 2009 and 2010 through JM AB. (Excluding AB Borätt and Seniorgården customers) Capital Market Day 25 Nov// ZM 9

10 Successful VIP concept Percentage of JM buyers who are VIP customers at time of purchase 40% 35% 34% 32% 30% 25% 26% 27% 20% 19% 15% 10% 9% 5% 0% Capital Market Day 25 Nov// ZM 10

11 Examples of areas for development Ongoing/completed projects Storage Outdoor spaces Bathrooms Sustainability Development projects JM s Neighborhood Development Program Kitchens Housing of the future (Smart Homes) Families with children in urban environment Capital Market Day 25 Nov// ZM 11

12 JM Original 2012 Interior design concepts developed based on trends and JM target groups. Each concept is a complete theme (tile, paint, wallpaper, cabinets, etc). Modern Scandinavian Nature Capital Market Day 25 Nov// ZM 12

13 Building rights portfolio Number Region Sthlm North 4,900 3,500 3,300 Region Sthlm South 3,200 3,500 3,500 Region Sthlm City 4,000 4,100 3,900 Total approx. 1) 12,100 11,100 10,700 1) Incl. in the balance sheet 7,100 7, 100 7, Capital Market Day 25 Nov// ZM 13

14 Housing starts Q JM Residential Stockholm Project Municipality Units Rosenlund, Frösunda Stockholm 108 Silverlönnen, Järva Sundbyberg 84 Sjövikshöjden 4 Stockholm 98 Catalinahöjden 1, Hägernäs Täby 69 Esplanaden 1, Täby C Täby 69 Total Capital Market Day 25 Nov// ZM 14

15 Housing starts Q JM Residential Stockholm Project Municipality Units Älta stage 4 Nacka 36 Solna stadsvillor stage 1 Solna 24 Kubisten Telefonplan stage 1 Stockholm 62 Garphyttan, SG Hjorthagen Stockholm 69 Gotska Sandön, Hjorthagen Stockholm 69 Sjöstadskanalen Henriksdalshamnen Stockholm 46 Hästkastanjen, Långbro Stockholm 65 Sandhamn stage 1 Stockholm 68 Total Capital Market Day 25 Nov// ZM 15

16 Housing starts Q JM Residential Stockholm Project Municipality Units Körsbärsdalen stage 1 Stockholm 54 Vattenfall stage 4 Stockholm 77 Fågelviken stage 4 Stockholm 102 Sjövikskajen, Marievik Stockholm 131 Solbacken, Hässelby Stockholm 38 Catalinahöjden stage 2 Täby 66 Total Capital Market Day 25 Nov// ZM 16

17 Rosenlund Frösunda, Solna Capital Market Day 25 Nov// ZM 17

18 Silverlönnen Järvastaden, Sundbyberg Capital Market Day 25 Nov// ZM 18

19 Älta 4 Nacka Capital Market Day 25 Nov// ZM 19

20 Hjorthagen Stockholm Garphyttan Gotska Sandön Capital Market Day 25 Nov// ZM 20

21 Sjöstadskanalen, Henriksdalshamnen Stockholm Capital Market Day 25 Nov// ZM 21

22 Farsta Strand 1 Stockholm Capital Market Day 25 Nov// ZM 22

23 Körsbärsdalen Stockholm Capital Market Day 25 Nov// ZM 23

24 JM Property Development Rental housing and senior housing

25 Building rights for rental housing and senior housing Rental housing, approx. 900 units Senior housing, approx. 300 units Capital Market Day 25 Nov// ZM 25

26 Rental housing Tjärtunnan, Stureby 154 rental units, 1-4 rooms and kitchen Capital Market Day 25 Nov// ZM 26

27 Senior housing Dalénum, Lidingö 54 residential units Capital Market Day 25 Nov// ZM 27

28 Capital Market Day 25 Nov// ZM 28