NCC has owned a large area of land on Teglholmen in southern Copenhagen since 1993, which has gradually been developed with offices and housing. NCC has now sold the remaining 9,400 square meters of land, the property with title no. 176a, Kongens Enghave, with a building permit for about 15,500 square meters, to a private investor for a purchase price of approximately EUR 10M.

The divestment will have a positive impact of about EUR 6M on earnings in the NCC Property Development business area in the second quarter of 2017.