NCC sells housing project in Germany


NCC is selling a housing project in Frankfurt am Main, Germany, to a German
investor for approximately SEK 150 million. The project comprises three
properties containing a total of 64 rental units.
“We are delighted to have completed this sale. Germany is a key market for us
and this sale matches our ambition to sell more housing projects to investors,”
says Joachim Hallengren, Business Area Manager at NCC Housing.

The housing project is located in the Griesheim city district of Frankfurt am
Main. In addition to excellent transport connections to the city center by
suburban train or tram, residents will have access to an extensive cultural
offering and shops within walking distance.

Griesheim is a popular residential area. Over the past decade, the population of
Griesheim has grown faster than anywhere else in Frankfurt.

The project will be completed, handed over and profit recognized in the NCC
Housing business area during the first quarter of 2017.

NCC Housing in Germany was recently named the country’s most active housing
developer for the third consecutive year.


For further information, please contact:

Joachim Hallengren, Business Area Manager, NCC Housing, tel +46 70 088 71 33

Anna Trane, Press & PR Manager, NCC, tel +46 708 847 469

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/)


This is the type of information that NCC could be obligated to disclose pursuant
to the Securities Market Act. The information was issued for publication on May
29, 2014, at 2 pm (CET).

About NCC Our vision is to renew our industry and provide superior sustainable
solutions. NCC is one of the leading companies in construction, property
development and infrastructure in Northern Europe, with sales of SEK 57 billion
and 18,000 employees in 2014. The NCC share is listed on the Nasdaq Stockholm
exchange.

Attachments

05291928.pdf