NCC has completed the sale of Valle View in Oslo
NCC has completed the sale of Valle View, the last remaining part of the property development project in the Helsfyr area in Oslo that was sold in August 2019. There will be a positive impact on cashflow in the first quarter 2021 but earnings in the quarter will be impacted by provisions for rental guarantees and VAT.[Valle View Lund Slaatto NCC] Image: Lund & Slaatto Arkitekter In August 2019, NCC sold the development project, consisting of three parts, in the Valle area in Oslo, Norway to a newly formed property company established by Pareto Securities for an underlying property value