NCC launches industrialized residential construction

NCC launches industrialized residential construction

NCC Construction Sweden is launching a new business unit that will
develop and sell industrially produced housing units. Using smart
building systems as a foundation, NCC will build energy-efficient
high-quality homes at low prices and with short construction periods.

On July 1, 2011, a business unit will be established, through which NCC
Construction Sweden will concentrate all development, design, purchasing
and sales of industrially produced housing.

According to Tomas Carlsson, Business Area Manager of NCC Construction
Sweden, the initiative will facilitate an increase in residential
construction.

“We are aware of the considerable demand among investors and housing
companies for attractive housing products for ordinary wage-earners. We
will now be able to produce homes that are attractive to both investors
and the residents who will be living in these apartments and houses.”

The initiative is based on smart building systems, from which several
different types of housing can be created. NCC has already begun the
production of various two-story house designs, with one, two and three
bedrooms.

“We have already sold 300 housing units, both rental and tenant-owned,
based on the building system P303. We will develop this system further
and gradually start to produce new types of housing units,” comments
Anders Björnek, at present regional Manager for NCC Construction Sweden
region west and manager-to-be of the new business unit.

NCC has already begun manufacturing housing units with energy
consumption of less than 60 kWh and a guaranteed construction period of
five months. These homes are always sold at fixed prices.

“For SEK 11,995 per square meter, you can buy a home that consumes less
than 60 kWh of energy and has a short construction period. For this
price, the residential units come with parquet flooring, a fully tiled
bathroom and attractive architecture with many openings for natural
light.”

The business unit's principal business location will be in Gothenburg,
where all product development and purchasing will be managed. The homes
will be sold and produced in close cooperation with NCC's regular
contracting operations. The initiative entails residential production
through an industrial process performed at worksites by a small number
of employees, and will thus require no major investments in proprietary
production facilities.

For questions, please contact:
Tomas Carlsson, Business Area Manager, NCC Construction Sweden, +46
(0)8 585 516 45
Anders Björnek, Head of Industrialized Residential Production at NCC
Construction Sweden, +46 (0)31 77 53 10 or +46 (0)70-242 12 01

NCC's media line: +46 (0)8-585 519 00, e-mail: press@ncc.se