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NCC sells office property in Helsinki for SEK 213 million

NCC Property Development has sold the fourth and final phase of Falcon Business Park outside Helsinki. The buyer is the property fund Aberdeen Property Fund I Sicav-Fis and the purchase consideration is SEK 213 million. The sale will have a positive impact on NCC’s profit in the third quarter of 2011.
Aberdeen’s property portfolio includes three previously purchased properties located in Falcon Business Park....

Fabege and Peab sell fully developed property in west Kungsholmen

Fabege and Peab are selling their jointly owned (50/50) property Paradiset 29 on Lindhagensgatan in Stockholm to cross-border investment manager, Invesco Real Estate for one of their pan-European fund mandate.

The property is being sold as a company with an underlying property value of SEK 842m (100%) and will result in an after-tax profit of SEK 20m for Fabege, which will be recognised in the first quarter of...

ProQure at 2010's Property and Real Estate Fair in Malmo.

Increased investments are made in mat service & entrance mats to make the entrance hall of buildings more warm, welcoming & beautiful. ProQure is making its entry in this year's property and real estate fair. 2010s exhibition is held at the expansive Öresund region in Malmo, Skane (from 2009s Kista, Stockholm).

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Time for the much awaited Property and Real estate exhibition in Malmö. February...
 

NCC to build office and retail in industrial property in Sundbyberg for SEK 180 ...

NCC Construction Sweden is to convert the Kabeln 5 property block in central Sundbyberg into offices and stores. The property, an industrial building dating back to the 1940s, will maintain its industrial character with large windows and high ceilings and comprise 12,000 square meters of office and retail space. The customer is Diligentia and the order is valued at about SEK 180 million.

NCC sells its share of Ullevi Park in Gothenburg to Vasakronan for SEK 116 milli...

NCC Property Development in Sweden has sold its participation in the Ullevi Park 1 development project to Vasakronan. The purchase consideration is SEK 116 million and the transaction is being conducted in the form of a sale of a company. The transaction will have a positive effect on earnings, which will be reported in the fourth quarter of 2009. Through the transaction, NCC Property Development will acquire...