NCC sells housing project to investor in Germany


NCC has sold a 180 apartment housing project in Potsdam in Germany to investor
Industria Wohnen to the value of SEK 321 million. The package has been purchased
for the specialized property fund, Wohnen Deutschland II.
“The sale of this project situated in the city of Potsdam located southwest of
the German capital Berlin is in line with our business development strategy to
sell more rental packages to investors and to develop and build sustainable
residential areas in urban environments”, says Joachim Hallengren, Business Area
Manager of NCC Housing.

The project comprises nine buildings with a total of 180 rental units amounting
to a living area of approximately 13,500 square meters. The development is based
on NCC’s building systems concept for residential construction with good
sustainable performance; enabling a cost effective and high quality production
process making affordable rental flats possible. The buildings are according to
the energy standard KfW 70 which means that they use 30 percent less energy than
legally required. Additionally the buildings have green roofs. The rain water is
led back onto the plot into the natural circle.

NCC is responsible for leasing of the apartments for a one year lease guarantee
period after completion. Transfer and earnings recognition will occur on
completion in the NCC Housing business area, in the fourth quarter of 2015.

The project is situated in the popular north western area of the city of Potsdam
where a municipal garden exhibition has been transformed into a public park as
well as being in close proximity to historical buildings and the river Havel.

According to a survey conducted by the German market analysis company
BulwienGesa, NCC is one of the largest residential developers in Germany.
For further information, please contact:

Joachim Hallengren, Business Area Manager, NCC Housing; tel +46 70 643 95 68
Anna Trane, Press & PR Manager, NCC; tel + 46 70 884 74 69
NCC’s media line: +46 8 585 519 00; e-mail: press@ncc.se, NCC’s image bank
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
14, 2014 at 07:30 a m. All of NCC:s press releases are available on www.ncc.se.

About NCC. Our vision is to renew our industry and provide superior sustainable
solutions. NCC is one of the leading construction, property development and
infrastructure companies in Northern Europe, with sales of SEK 58 billion and
18,500 employees in 2013. The NCC share is listed on NASDAQ OMX Stockholm.

Anhänge

05131357.pdf
GlobeNewswire