NCC sells Company House IV office property to PensionDanmark
NCC is selling Company House IV, the last office property in Delta Park, Vallensbaek just outside Copenhagen, for nearly SEK 340 million.
“It is gratifying that we’re now selling the fourth phase of Delta Park, in the attractive office area of Vallensbaek, southwest of central Copenhagen, that NCC has built in stages,” says Ole Faurby, Head of NCC Property Development Denmark.
The area has good transport links by car, buss and with proximity to Kastrup airport.
Company House Vallensbaek phase 4 includes a total of approximately 12,000 square meters, of which approximately 10,500 square meters is office space. The current leasing rate is 74 percent. The tenants include Orkla Foods, among others. NCC is pledging rental guarantees for five years.
NCC has built out the area in phases. The first three phases are fully let and were sold to Saremo Properties A/S in 2011 and PKA in 2014. The property is expected to be certified DGNB Gold.
The transaction will have a positive impact on earnings in the NCC Property Development business area in the fourth quarter of 2019.
NCC’s objective is to minimize the environmental impact and add value for customers and society with environmentally certified buildings, attractive workplaces and inclusive urban environments.
For further information, please contact:
Anna Trane, Head of Corporate Media Relations, NCC +46 708 84 74 69 anna.trane@ncc.se
Ulrikke Ekelund, Communication Manager, PensionDanmark +45 2019 9238
NCC’s media line +46 8 585 519 00, E-mail: press@ncc.se, NCC’s Mediabank
About NCC. Our vision is to renew our industry and provide superior sustainable solutions. NCC is one of the leading companies in the Nordics within construction, infrastructure and property development, with sales of over SEK 57 billion and 16,500 employees in 2018. The NCC share is listed on Nasdaq Stockholm.
