NCC to build residential properties in Oslo for SEK 190 million

NCC to build residential properties in Oslo for SEK 190 million NCC Norway has reached an agreement with Schultzehaugen Eiendom AS (Fabritius Prosjekt) regarding the construction of residential properties at Schultzehaugen, Maridalsveien in Oslo. The agreement applies to a turnkey contract worth approximately SEK 190 million (approx. NOK 170 million). The project involves the construction of a total 19,000 square meters of floor space, a total of 193 apartments and a certain amount of commercial space. At present, the site consists of several older buildings and an office block, which are to be converted into apartments and commercial premises. In addition, two new buildings with a combined total of 59 apartments and an indoor car park are to be built. NCC developed this project in cooperation with the client, Arcasa Arkitekter. For further information, please contact: Tommy Helgerud, Region Manager NCC Norway Tel +47 23 23 30 25 or +47 952 79 009 Gisela Lindstrand, Press Relation Manager NCC AB Tel +46 8 585 52346 or +46 70 392 9500 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. NCC has annual sales of SEK 46 billion, with 28,000 employees. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/03/06/20020306BIT00110/wkr0001.doc http://www.waymaker.net/bitonline/2002/03/06/20020306BIT00110/wkr0002.pdf