NCC acquires its current head office in Solna

NCC acquires its current head office in Solna

NCC is acquiring the properties Startboxen 1 and Sadelplatsen 2 in the City of
Solna for a purchase consideration of SEK 415 million. The seller is Morgan
Stanley P2 Value fund and takeover will occur on December 7, 2011. Startboxen 1
comprises 23,500 square meters of office space and the parking garage
Sadelplatsen 2 consists of 750 parking spaces.

The transaction will be implemented as an acquisition of the property and the
purchase consideration will be SEK 415 million, including transaction costs.
Payment and takeover will occur on December 7, 2011, with Morgan Stanley P2
Value as the selling party. Office space in the property totals 23,500 square
meters, most of which is leased by NCC itself as the Group’s head office.

NCC has had its offices on this site since the company’s formation and views the
acquisition as the starting point for exciting development of the area. NCC
intends to develop the properties up to a modern standard, with a focus on
energy efficiency.

“As a result of the acquisition, we make sure that we can remain in Solna and it
gives us an opportunity to modernize our head office. The transaction provides
us, in cooperation with the City of Solna, with excellent prerequisites to
secure the positive development of this strategically located area,” says Peter
Wågström, President and CEO of NCC.

For further information, please contact:
Peter Wågström, President and Chief Executive Officer, NCC AB, Telephone:  +46
(8) 585 530 40
Joachim Hallengren, President, NCC Property Development, Telephone: +46 (0)70
6439568

NCC’s media line+46 (0) 8 585 519 00, E-mail: press@ncc.se