NCC to sell logistics projects in Sigtuna for SEK 200 million

NCC to sell logistics projects in Sigtuna for SEK 200 million 

NCC Property Development is to sell two logistics plants in Roserberg, outside
Sigtuna, to Schroder EuroLogistic Fund No 1, for SEK 200 million. The sale will
be implemented in the form of a company. Transfer of the properties will occur
in March and December 2008, respectively, when the buildings have been
completed. The sale will have a positive impact on NCC's earnings, which will be
reported when the buyer takes possession. 


The two logistic plants, comprising approximately 18,000 square meters of floor
space, are located in Stockholm Nord Logistikcenter. The area is strategically
located on the E4 Expressway between Stockholm and Arlanda in Sigtuna
municipality. 

The first building, consisting of approximately 9,000 square meters of floor
space, has been fully leased to InWarehouse AB, Scan Global Logistics AB and SC
Auto Sweden AB. Completion and occupancy will take place in March 2008. 

Construction of the second building will commence in the spring. NCC Property
Development is also responsible for the implementation and leasing of this
building. The buildings will be constructed in accordance with NCC's technical
platform for flexible logistic plants. 

“This is our first acquisition in Sweden. Our key considerations to invest in
the Stockholm North Logistic Centre are the strength of the location, the
technical quality of the development and the quality of the tenants. Also we are
very happy to work with a strong company like NCC”, says Ronald ten Bokum, Head
of Acquisition & Sales - Continental Europe of Schroder Property Investment
Management. 

The Schroder EuroLogistic Fund No.1 is investing in top quality modern logistic
centres throughout Europe.

For further information, please contact:
Magnus Widén, Regional Manager Stockholm, NCC Property Development, +46 8 58 55
19 
Ronald ten Bokum, Head of Acquisition & Sales - Continental Europe, Schroder
Property Investment Management, +31 20 301 65 60
Lars Blanke, Aqcuisition Manager Nordic Region, Schroder Property Investment
Management, +46 709 59 46 78  
Ulf Thorné, Press Relations Manager, NCC Group, +46 (0)8 585 523 46, +46 (0)70
214 77 27

NCC Property Development develops and sells commercial properties in defined
growth markets in the Nordic and Baltic regions. Our customers want
inspirational and sustainable environments in properties that offer stable and
secure return over time. We have a large number of ongoing projects within
offices, retail and logistics at an investment value of approximately SEK 5
billion.  




All of NCC's press releases are available on www.ncc.info

NCC is one of the leading construction and property development companies in the
Nordic region. NCC had in 2006 sales of SEK 56 billion, with 22,000 employees.