NCC sells office property in Denmark

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NCC has sold an office building, Company House Tangen, in Aarhus, Denmark, for SEK 175 million. The buyer is PenSam Commercial Properties and the sale will have an impact on earnings during the first quarter of 2013.

The building comprises nearly 8,000 square meters of office space and is fully leased to the IT company ATEA A/S, which will take occupancy of the premises on February 15, 2013. The building will house ATEA’s new head office with about 400 employees.

“This is our second sale this year in the Danish market. I view this as a confirmation that our solutions within sustainable offices are in demand and that we occupy a strong position as one of the leading property developers in Denmark,” says Joachim Hallengren, President of the NCC Property Development business area.

ATEA’s head office has been developed as a GreenBuilding property and is another NCC property aiming for BREEAM certification at the Very Good level. The new head office will be one of the most modern and sustainable office buildings in Aarhus, with leading-edge IT solutions for the control of heating, ventilation, cooling, lighting, sun screening and acoustics.

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 , at a.m./p.m.

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.

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