NCC sells land with residential contract for SEK 400 million

NCC sells land with residential contract for SEK 400 million 

NCC Housing has closed an agreement with Fastighets AB Förvaltaren regarding a
transfer of land that is prepared for construction and an accompanying
residential construction contract in the area of Ursvik, in Sundbyberg, outside
Stockholm. The transaction comprises two residential blocks, with a total of 265
rental apartments and is valued at approximately SEK 400 million. 

“Through this transaction with Förvaltaren, we are involved in contributing to
more rental apartments being constructed in the Sundbyberg and Ursvik area,
where NCC has already built 167 single-family homes and 101 apartments,” says
Danne Stattin, Department Manager at NCC Housing, Stockholm Region.

 
The construction contract will be included in order bookings for the first
quarter of 2010.

For further information, please contact:
Ulf Thorné, Press Relations Manager, NCC Group, +46 (0)8 585 523 46, +46 (0)70
214 77 27



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


NCC is one of the leading construction and property development companies in the
Nordic  region. In 2008, NCC had sales of slightly more than SEK 57 billion,
with 20,000 employees. NCC Housing develops and sells housing in selected
markets in the Nordic region, Germany, the Baltic countries and St. Petersburg.