NCC takes a further step in the development of Mölndal’s new city center

NCC is now taking the next step in the development of Mölndal’s new city center.
In August, NCC and Citycon will start construction of Mölndal Galleria, a
billion-krona shopping mall development project. On top of the mall, NCC will
also build 145 apartments at an order value of SEK 220 million, on assignment
from Riksbyggen.
The planned shopping mall, with associated parking facilities, will comprise
approximately 70 stores, including H&M, Lindex, ICA and Systembolaget (Swedish
Alcohol Retailing Monopoly), covering slightly more than 24,000 square meters.
The grand opening is scheduled for the second quarter of 2018.

“We have now reached this milestone together. From the city’s viewpoint, we are
eagerly looking forward to what is to come; Mölndal’s new city center,” says
Marie Östh Karlsson, Chair of the Municipal Board of the City of Mölndal.

NCC and the shopping mall company Citycon have formed a joint venture for the
development, leasing and construction of Mölndal Galleria.

“Last autumn, we started construction of the office building for SCA and our
particular strength is developing attractive urban environments in the form of
workplaces, housing, retail facilities and service amenities, which combined
will result in a city center for Mölndal that is both sustainable and
attractive. We’re now looking forward to getting construction of the next stage
under way,” says Carola Lavén, Business Area Manager at NCC Property
Development.

The project company will be owned equally by the two partners. Citycon will
acquire NCC’s share when the mall has been completed and the agreed conditions
have been fulfilled.

The contracts for the mall and the housing assignment will be registered among
orders in the NCC Construction Sweden business area during the second quarter.
For further information, please contact:

Carola Lavén, Business Area Manager, NCC Property Development +46 70 177 1674
Ulf Thorné, Communications Manager, NCC Construction Sweden +46 70 214 77 27
Anna Trane, Press & PR Manager, NCC AB +46 70 884 7469

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 June
29 at 2:30 p.m.

All of NCC’s press releases are available on www.ncc.se/press.

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. NCC Property Development develops and sells commercial
properties in defined growth markets in the Nordic region.