NCC to build Navet at Norra Älvstranden in Gothenburg for approx. SEK 230 million
12/4/2001 3:14 AM EST
NCC to build Navet at Norra Älvstranden in Gothenburg for approx. SEK
230 million
NCC has been commissioned by Fastighets AB Navet to develop and build
Navet (the Hub), a new meeting place at Norra Älvstranden. The order is
worth a total of approx. SEK 230 million. Norra Älvstranden Utveckling
AB and NCC Property Development are the co-owners of the newly formed
company Fastighets AB Navet.
Navet will become a center that connects high-tech industries with the
academic community.
The new property, which NCC will build on a turnkey project basis, will
have six stories and approximately 15,000 square meters of floor space.
Retail, service and office premises will be built here for small and
midsize companies. The property is scheduled for completion in November
2003. The earth-breaking ceremony has already been held, officiated by
Göran Johansson, Chairman of the Gothenburg City Council.
"A significant amount of the future development of Gothenburg will be
concentrated in Norra Älvstranden. As the leading property development
company in central Gothenburg, it is natural for us to cooperate in such
a project with Norra Älvstrandens Utveckling AB," says Stephan Ekstedt,
Regional Manager at NCC Property Development.
"It is with the utmost enthusiasm that we accept the challenge to build
a new "hub" of expertise in Norra Älvstranden, Gothenburg," says Lars
Rehnman, Regional Manager at NCC Contracting.
Further information:
Stephan Ekstedt, Regional Manager, NCC Property Development Tel: +46 31
771 5333, +46 70 601 4181
Lars Rehnman, Regional Manager, NCC Contracting Tel: +46 8 771 5089, +46
70 630 5428
Gisela Lindstrand, Press Relation Manager NCC AB Tel: +46 8 585 52346,
+46 70 392 9500
All of NCC's press releases are available on www.ncc.se
NCC is one of the leading construction and property development
companies in the Nordic region. NCC has annual sales of approximately
SEK 40 billion, with 25,000 employees.