NCC to build rental units for Magnolia for SEK 450 million

NCC is to build a total of 401 rental units for Magnolia Bostads AB. One of the
housing projects comprises 268 apartments in Norrköping and the second is for
133 apartments in Kungsängen, Upplands Bro. The total order value is
approximately SEK 450 million.
In Norrköping, the rental units are to be built close to the soccer arena of IFK
Norrköping. The buildings are being built according to NCC’s Folkboende and P303
proprietary concepts, which are affordable apartments characterized by good
quality and design, as well as low energy consumption.

“Norrköping will now receive a significant injection of sought-after rental
apartments in a new area with both point-block buildings, low multi-family
buildings and apartment buildings,” says Svante Hagman, Business Area Manager
for NCC Construction Sweden.

The area will be close to public transport, in the form of bus and tram lines,
and be within cycling and walking distance of Norrköping Center.

Construction is scheduled to start in December 2014 and the first apartments are
expected to be ready in May 2016. The entire area is scheduled to be completed
by December 2016.

The rental apartments in Kungsängen, Upplands Bro, are being built according to
the Folkboende concept, in the form of individual point blocks. The units will
be space efficient and have low energy consumption.

Construction is scheduled to start in December 2014 and the first apartments are
expected to be ready for occupancy in April 2016.

The total order value will be registered during the fourth quarter in the NCC
Construction Sweden business area.
For further information, please contact:

Fredrik Leeo, Business Manager, NCC Construction Sweden +46 (0)11- 21 06 16

Anna Trane, Press & PR Manager NCC +46 708 84 74 6

NCC’s media line +46 (0)8 585 519 00, e-mail: press@ncc.se, NCC’s image
bank (http://www.ncc.se/sv/OM-NCC/Press-och-media/Bildbank/)