NCC launches construction of Triangeln in Malmö


NCC launches construction of Triangeln in Malmö

On Monday, August 30, construction of the NCC project Triangeln, located
in the Kaninen block in central Malmö, will commence. The project
comprises shopping mall, office and housing premises and is scheduled
for completion in 2014. The project has a construction contract value in
the billion Swedish krona region and will be operated on a proprietary
basis. Half of the cost will registered among orders in the third
quarter of 2010.

The project will be implemented in several phases, with the garage and
retail spaces representing the first phase, with Easter 2013 as the
estimated moving in period. The new retail area will be integrated into
the current Triangeln shopping center.

A total of four properties comprising housing and offices will be built
above the retail facilities. Occupancy of the properties will occur
between 2013 and 2014.

The offices, as well as stores and housing, will be characterized by low
energy consumption and will be climate declared and environmentally
classed, according to BREEAM (Very Good level), GreenBuilding,
GreenLight and Miljöbyggprogram Syd (Environmental Construction Program,
South).

The Triangeln area is centrally located and has excellent communications
thanks to the City Tunnel's new south station, where it is estimated
that about 40,000 people will arrive every day. In addition,
construction of a major bus junction is planned at Triangeln and a total
of 100,000 people are estimated to move around the area on a daily
basis.

For further information, please contact:
Mikael Graffman, Head of NCC Property Development in Sweden, +46
(0)8-585 530 32
Ulrika Lindmark, Project Manager for Triangeln, +46 (0)40-31 74 22
Magnus Jonsson, Press Relations Manager, NCC Group, +46 (0)8 585 522 46,
+46 (0)70 817 8711

NCC's media line: +46 (0)8 585 519 00

Attachments

08272098.pdf
GlobeNewswire