• Apartments for the urbanites of tomorrow.

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Leading residental developer in attractive nische market

With a vision to open up the housing market to as many people as possible, SSM offers cost-efficient homes for one to two-person household with the highest functionality built into every square meter, close to the city and public transportation.

Interim Report Q2 2017

Continued strong development
in a stable market

Press releases

  • August 17, 2017

    Continued strong development in a stable market

    Summary of the second quarter 2017. Net sales increased to 168.4 MSEK (130.1). Gross margin went up to 19.7% (17.6).
  • July 17, 2017

    SSM establishes JV with Partners Group to develop projects worth 7.6 SEK billion

    SSM Holding AB (publ) has established a joint venture with Partners Group, the global private markets investment managers. The cooperation includes the Tellus Towers, Järla Station and Metronomen projects. The combined value of the projects upon completion is estimated at approximately 7.6 SEK billion with a planned period of completion of five years from the date of agreement. The cooperation confirms SSM’s explicit joint venture strategy while further strengthening the SSM Group’s financing capacity. The joint venture has been established through the formation of a new holding company held 50 percent by SSM and 50 percent by Partners Group on behalf of its clients. The transaction will have a positive net effect of about 108 MSEK on SSM’s liquidity and an impact of about 106 MSEK on profits for the Q3 2017.
  • July 13, 2017

    SSM acquires new housing project for approximately 150 apartments in Sollentuna

    SSM Holding AB (publ), the leading property developer in the Stockholm region within affordable and space-efficient homes, is continuing to expand its operations by acquiring a housing project in Rotebro (Sollentuna) from Galjaden Fastigheter AB. The project will cover about 7,000 m2 of floor space that SSM intends to develop into approximately 150 cooperative apartments. The initial purchase price is 25 MSEK after which an additional purchase price will be applied once the project’s detailed development plan is approved. Sales is planned to start in the third quarter 2019 and the first tenants are expected to move in during the latter part of 2021.
  • July 10, 2017

    SSM starts production of 204 cooperative apartments after high sales pace in Kosmopoliten project

    After only two months of sales, SSM has achieved a sales rate of 80 percent in the Kosmopoliten project that is being developed in the attractive and growing Kista Äng residential area. Production of the project has now started and an initial profit was realized during the second quarter of 2017. Access to the land is expected during the first quarter of 2018 and following this, construction is planned to start at the beginning of 2019. The first tenants are expected to be able to move in during the latter part of 2021.