Releases - NCC

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2007

 

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NCC to expand Lindholmen Science Park in Gothenburg for SEK 400 million

12/21/2007 11:12 AM EST
NCC Construction has received an assignment from Älvstranden Utveckling AB concerning the expansion of Lindholmen Science Park. The project will be implemented in direct connection with the Navet property, which was built by NCC between 2001 and 2003. The order value is SEK 400 million and the project will be conducted on a partnering basis.
In 2003, Navet was opened as a meeting place in Lindholmen Science...

NCC to sell logistics projects in Sigtuna for SEK 200 million

12/21/2007 10:59 AM EST
NCC Property Development is to sell two logistics plants in Roserberg, outside Sigtuna, to Schroder EuroLogistic Fund No 1, for SEK 200 million. The sale will be implemented in the form of a company. Transfer of the properties will occur in March and December 2008, respectively, when the buildings have been completed. The sale will have a positive impact on NCC’s earnings, which will be reported when the buyer takes...

NCC to lease space in Lysaker Torg, Oslo, to Xerox, Computas and Vizada

12/21/2007 10:25 AM EST
NCC Property Development has signed a five-year agreement with Xerox concerning the leasing of 2,000 square meters of office space in the office building, Lysaker Torg, in Oslo. In addition, Computas will also be leasing 3,900 square meters of floor space and Vizada 1,900 square meters. The property was previously sold to Aberdeen Eiendom Holding II AS. The agreement will have a positive impact on earnings, which...

Three new leases signed for Kungsbron office project

12/21/2007 10:15 AM EST
NCC Property Development has signed three new agreements for the leasing of a total of 3,584 square meters of floor space at the Kungsbron office property in central Stockholm. The companies will take occupancy in January, March and August 2009, respectively. The property was previously sold to Vital Forsikring. The lease agreement will result in a positive impact on earnings, which will be reported in the fourth...

NCC sells office project in Denmark for SEK 156 million

12/21/2007 7:10 AM EST
NCC Property Development A/S is selling its Company House II office project in Kolding to Kristensen & Holmsberg for SEK 156 million. The sale will have a positive effect on earnings, which will be reported in the fourth quarter of 2008 when the building is completed, and the buyer will take possession in December 2008.
The building has total floor space of 6,300 square meters, 89 percent of which is leased....

NCC to lease offices in Kungsbron to DTZ

12/20/2007 9:24 AM EST
NCC Property Development has signed an agreement with DTZ concerning the leasing of 1,067 square meters of floor space in the Kungsbron office property in central Stockholm. DTZ will relocate to the property, which was previously sold to Vital Forsikring, on January 1, 2009. The lease with DTZ will have a positive impact on earnings, which will be reported in the fourth quarter of 2007.

NCC to pay SEK 25 million for violation of Finnish Competition Act

12/19/2007 3:00 AM EST
The Finnish Market Court has imposed an administrative fee of approximately SEK 13 million on NCC Roads Oy for violations of the Finnish Competition Act. The half-owned company Valtatie Oy was also fined approximately SEK 24 million.
“NCC will now evaluate the Market Court Decision before deciding whether to file an appeal to the Finnish Supreme Administrative Court,” says Ulf Wallin, General Counsel for NCC...

NCC to build light rail in Bergen for SEK 525 million

12/13/2007 6:00 AM EST
NCC Construction AS in Norway has been commissioned by the City of Bergen to build two stages of the new Bybanan light rail in Bergen. The total order value is approximately SEK 525 million and work will begin in January 2008.
The largest contract of approximately SEK 424 million relates to 3.2 kilometers of light rail, which will be prepared for a future double track and includes the section from Fantoft to...

NCC to renovate 1,000 rental apartments for Väsbyhem

12/12/2007 2:30 AM EST
NCC is continuing to work on pipe replacement and surface renovation on behalf of municipally owned Väsbyhem. Stage Three is now to be initiated, during which 96 rental apartments will be renovated. The order is worth SEK 64 million and is part of a five-year partnering agreement that encompasses the renovation of approximately 1,000 apartments. The combined order value of the agreement with Väsbyhem is about SEK...

NCC to construct section of E6 Expressway for SEK 320 million

12/5/2007 4:30 AM EST
NCC Construction has been commissioned by the Western Region of the Swedish Road Administration to extend the section of the E6 Expressway between Solhem and Pålen in northern Bohuslän. The order is worth about SEK 320 million and work on the project will commence immediately.
The project is a further phase of efforts to increase road safety and modernize the E6 through what was previously an accident-prone...

NCC

NCC is one of the leading construction and property development companies in the Nordic region. The Group had sales of SEK 49 billion in 2010, with approximately 17,000 employees.

NCC develops and builds residential and c...

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Magnus Jonsson
  • Magnus Jonsson
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