NCC sells fully leased office project in central Gothenburg for SEK 580 million
NCC is selling an office building in Gothenburg to the occupational pensions company Alecta for SEK 580 million. The sale will have a positive impact on earnings in the second quarter of 2013.
The transaction will be implemented as a sale of a company with an underlying property value of SEK 580 million. The buyer will take possession of the property on April 5.
The property is fully let and the first tenants have moved in. The tenants include the analysis and technology consultancy company WSP, the Swedish Prison and Probation Service, the operator and system integration company TDC and search consultants Findwise. The ground floor will house a 7-Eleven convenience store, as well as a restaurant and conference facility operated by Sodexo.
“A prime location, high work environment and sustainability standards and, in particular, energy efficiency are key factors when companies are looking for modern office premises. The successful letting of this property is proof of our excellence in these areas. NCC already has advanced plans to develop an additional office property adjacent to the current site,” says Joachim Hallengren, President of the NCC Property Development business area.
The property has a prime location in terms of transport links and is located near the New Ullevi Arena in walking distance from Gothenburg Central Station. Ullevigatan 17-19 is a GreenBuilding property and has received environmental certification at the Very Good level according to the international environmental classification system BREEAM. The premises are part of the “Future Office by NCC” concept, a Nordic model designed to create attractive and sustainable workplaces for customers.
The sale will be recognized in profit in the NCC Property Development business area.
For further information, please contact:
Joachim Hallengren, President, NCC Property Development business area, Phone +46 (0)70-643 95 68
Magnus Jonsson, External Communication and Media Relations Manager, NCC AB, Phone +46 8 585 522 46
NCC’s media line: +46 8 585 519 00; e-mail: press@ncc.se
This is the type of information that NCC could be obligated to disclose pursuant to the Securities Market Act. The information was issued for publication on December, 2012, at 14.45 CET.
All of NCC:s press releases are available on www.ncc.se.
NCC is one of the leading construction and property development companies in the Nordic region. In 2011, NCC reported sales of SEK 53 billion and had 17,500 employees. NCC Property Development develops and sells commercial properties in defined growth markets in Nordic region, the Baltic countries and St. Petersburg.