Press service tel: +46 858 519 00
Press service tel: +46 858 519 00
NCC is selling a housing project in Berlin, Germany, to the pension fund of the German investor Bewag for SEK 150 million. The project comprises two apartment blocks with a total of 94 rental apartments.
NCC is to carry out the extensive refurbishment of 493 town houses in Albertslund in Denmark on behalf of Albertslund Boligselskab. The order is worth SEK 610 million and will thus be NCC’s largest refurbishment project to date.
NCC is selling the Torsplan 2 office property in Hagastaden, Stockholm, and is simultaneously signing a contract to acquire an office property in Solna Business Park. The counterparty in the transaction is Fastighets AB Brostaden. The sale of Torsplan 2 will be carried out in the form of a company transaction at a value of approximately SEK 1.6 billion. The acquisition in Solna encompasses approximately 35,000-40,000 square meters of office development rights and is conditional upon the approval of a new detailed development plan.
NCC has been commissioned by HSB to build 158 apartments in Uppsala city center that will form the Brf Hamnen tenant-owner association. The order is valued at just over SEK 340 million.
NCC is affiliating itself with the UN-backed Lima-Paris Action Agenda (LPAA) climate initiative and has set itself a target of a 50-percent reduction in its CO2 emissions by 2020. The reduction uses 2015 as the baseline year.
NCC is selling part of the urban-development area Limhamns läge in Malmö to MKB Fastighets AB for SEK 254 million. The transaction includes approximately 550 development rights.
The Supreme Court of Norway has ruled to declare the appeal inadmissible in the asphalt case relating to illicit collaboration in Trøndelag during the period from 2005 to 2008. The case has thus been closed.
NCC is selling a share of the Sonnengarten property project to Industria Wohnen for approximately SEK 515 million.
As part of the planned separate listing of the Housing business area, NCC has appointed an external Board of Directors for the housing development company. The Chairman will be Carl Engström, Senior Investment Manager at Nordstjernan AB.
NCC is planning to distribute NCC Housing to shareholders in 2016 in accordance with the rules of Lex ASEA. In the event of a spin-off, NCC’s shareholders will receive shares in the new housing development company instead of cash dividends.
According to NCC’s new strategy for profitable growth, the company aims to grow by an average of 5 percent per year and the operating margin will improve from the current figure of about 3 percent to a minimum of 4 percent during the 2016-2020 strategy period.
NCC is selling an office property in Hyllie in Malmö, Sweden, for approximately SEK 330 million. The buyer is property company Briggen.
NCC has been commissioned by the Capital Region of Denmark to participate in the construction of New Herlev Hospital, northwest of Copenhagen. NCC will be responsible for concrete, steel and earth and groundworks. The order is worth SEK 350 million.
Mattias Lundgren is to take office as the new CFO of NCC on January 1, 2016 when current CFO Ann-Sofie Danielsson becomes the CFO of the Housing business area ahead of a planned spin-off and potential stock exchange listing.
Joachim Hallengren will be the CEO and Ann-Sofie Danielsson the CFO of NCC’s housing development operations from January 1, 2016. The Housing operations will be put into a subsidiary so that it can operate as an independent company and preparations can be made for a stock exchange listing.