JM Suomi
Sub-brand
UnclaimedFinnish residential construction company and subsidiary of Sweden's JM-konserni, building new apartments in the Helsinki metropolitan area and Pirkanmaa.
Last updated September 28, 2026
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Overview
JM Suomi Oy is a Finnish construction company and a subsidiary of the Swedish JM-konserni (JM Group). It builds new residential apartments in the Helsinki metropolitan area and the Pirkanmaa region. The parent company was founded in Sweden in 1945, and JM Suomi Oy began operations in Finland in 2006. The company focuses on self-developed projects, handling zoning, design, construction, and sales in-house rather than participating in competitive contracting. It sells to institutional clients such as housing funds as well as directly to consumers. In 2019, JM Suomi's revenue was EUR 64 million. By late 2022, revenue had grown to EUR 163 million, with 1,337 apartments under construction in Espoo (Finnoo, Laurinlahti, Leppävaara) and Helsinki (Haaga, Herttoniemi). At the end of 2023, 917 apartments were under construction. The company has built or is building apartments in several locations, including Herttoniemi on the old G.W. Sohlberg industrial area, eight sites in Finnoo, Espoo, Länsi-Pasila on Radiokatu (the former SVUL building site), next to Pasila Tripla, and along Itäväylä in Herttoniemi, Helsinki. In summer 2022, JM Suomi acquired the Tampere construction company Gradina Tampere Oy, which had revenue of about EUR 10 million, and bought the Nokia manor from Nokia Oyj, planning to build apartments for about 1,500 residents in an area named Kartanonranta. In 2024, the JM Group had about 2,100 employees, of whom about 200 were in Finland, including about 180 white-collar employees. The company's headquarters is in Leppävaara, Espoo. Markus Heino became CEO in 2013. Since 2018, all apartment buildings built by JM Suomi from the ground up have been constructed according to Nordic Swan Ecolabel criteria. In September 2026, the Länsi-Uusimaa District Court ordered JM Suomi Oy to pay approximately EUR 67,000 in price reductions to three companies that had purchased 15 apartments during construction in the Helsinki Herttoniemi housing company Läkkisepä. The apartments have excessively low room heights in large part due to extensive ceiling boxing. The judgment is not final.
History
JM Suomi Oy is a Finnish construction company and a subsidiary of the Swedish JM-konserni (JM Group). The parent company was founded in Sweden in 1945. JM Suomi Oy began operations in Finland in 2006. The company builds new residential apartments in the Helsinki metropolitan area and the Pirkanmaa region. Markus Heino became CEO in 2013. Since 2018, all apartment buildings built by JM Suomi from the ground up have been constructed according to Nordic Swan Ecolabel criteria. In 2019, the company's revenue was EUR 64 million. In summer 2022, JM Suomi acquired the Tampere construction company Gradina Tampere Oy, which had revenue of about EUR 10 million. It also bought the Nokia manor from Nokia Oyj and announced plans to build apartments for about 1,500 residents in an area named Kartanonranta. At the end of 2022, it had 1,337 apartments under construction in Espoo (Finnoo, Laurinlahti, Leppävaara) and Helsinki (Haaga, Herttoniemi), and its revenue was EUR 163 million. At the end of 2023, it had 917 apartments under construction. In 2024, the JM Group had about 2,100 employees, of whom about 200 were in Finland, including about 180 white-collar employees. The company's headquarters is in Leppävaara, Espoo. JM Suomi focuses on self-developed projects, handling zoning, design, construction, and sales in-house rather than participating in competitive contracting. It sells to institutional clients such as housing funds as well as directly to consumers. The company has built or is building apartments in several locations, including Herttoniemi on the old G.W. Sohlberg industrial area, eight sites in Finnoo, Espoo, Länsi-Pasila on Radiokatu (the former SVUL building site), next to Pasila Tripla, and along Itäväylä in Herttoniemi, Helsinki. In September 2026, the Länsi-Uusimaa District Court ordered JM Suomi Oy to pay approximately EUR 67,000 in price reductions to three companies that had purchased 15 apartments during construction in the Helsinki Herttoniemi housing company Läkkisepä. The apartments have excessively low room heights due to extensive ceiling boxing. The judgment is not final.
- 2026
Länsi-Uusimaa District Court orders payment of approximately EUR 67,000 in price reductions for design error
- 2024
JM Group has about 2,100 employees, of whom about 200 in Finland
- 2023
917 apartments under construction at year-end
- 2022
Acquires Gradina Tampere Oy and buys Nokia manor; revenue reaches EUR 163 million; 1,337 apartments under construction
- 2019
Revenue reaches EUR 64 million
- 2018
All new apartment buildings built from the ground up are constructed according to Nordic Swan Ecolabel criteria
- 2013
Markus Heino becomes CEO
- 2006
JM Suomi Oy begins operations in Finland
- 1945
JM-konserni founded in Sweden
Products and positioning
Developer of high-quality, eco-certified residential apartments in growth areas of Finland.
Residential apartments
New apartments built in the Helsinki metropolitan area and Pirkanmaa, sold to institutional investors and consumers.
Controversies
Design error ruling
Brand decisions
- Acquisition of Gradina Tampere Oy and Nokia manorOther
Sources2 sources
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