NCC to Build Car Showroom for Castellum

Sweden Sweden NCC has initiated a partnering arrangement with Castellum to build a car showroom of slightly more than 25,000 square meters in Huddinge, south of Stockholm. The project is a turnkey contract and the order value is approximately EUR 29M.  

2017-08-17

Share via e-mail

“Smista Allé is one of our most prioritized development areas and this project, the Spejaren 4 property block, will be one of the last in the area. The building, which we will construct together with NCC, is in an ideal location for a showroom directly adjacent to the E4 expressway,” says Anders Nilsson, regional managing director at Castellum.
 
The car showroom will total slightly more than 25,000 square meters and comprise four stories. Two stories will be used as showrooms and offices and two stories as garage and parking space for cars. The building will have a Silver environmental rating from the Sweden Green Building Council.
 
The project is divided into two phases. The first phase is complete, and included planning, project engineering and preparatory groundwork. The second phase will now begin and concerns the construction.
 
“Together with Castellum, we are building a state-of-the-art car showroom on previously undeveloped land. NCC will carry out both groundwork and civil engineering works as well as the construction phase of the project, which is part of Castellum’s development of Smista Allé,” says Henrik Landelius, Head of NCC Building in Sweden.
 
Work is to begin in July and the building is scheduled to be complete at year-end 2018. 
 
The order for approximately EUR 29M will be registered in the third quarter of 2017, about 83 percent in the NCC Building business area and 17 percent in the Infrastructure business area.




Maria Olsson Äärlaht
maria@nordicpropertynews.com




Housing Shortage Possible Threat to Stockholm

Sweden Sweden Olle Zetterberg, retiring CEO of Stockholm Business Region, sees possible clouds looming on the horizon for the Stockholm market going forward.


Vonovia Majority Owner in Victoria Park

Sweden Sweden Dispite rejection from Starwood for their shares in Victoria Park – German Vonovia completes the public cash takeover offer for Victoria Park and extends the acceptance period.

SBB Purchases in Karlskrona

Sweden Sweden Samhällsbyggnadsbolaget purchases 114 apartments in Karlskrona, split among six apartment buildings.

Vasakronan Sells to Trianon

Sweden Sweden Vasakronan has signed a deal with Trianon regarding the divestment of the Smedjan 13 and 15 properties. The purchase price amounts to EUR 9M.

Midroc on Major Stockholm Divestment

Sweden Sweden Midroc completes a major sale in Stockholm CBD to Anders Bodin Fastigheter. Midroc's deputy CEO Peter Syrén tells Nordic Property News about the large divestment of Tändstickspalatset – and the company's future Stockholm plans: "Will definitely invest."


Starwood Rejects Vonovia's Offer for Victoria Park Shares

Sweden Sweden Starwood has announced that they do not intend to accept Vonovia's current offer of SEK 38 per Class A and Class B share and SEK 316 per preference share.

Skanska Sells Logistics Facility in Arlandastad

Sweden Sweden Skanska has sold a logistics facility to be built in Arlandastad, Sigtuna, for about EUR 23M. The buyer is Logicenters.

Why Balder Enters Germany

Sweden Sweden The company's CFO Marcus Hansson explains to Nordic Property News why they view the hotel portfolio as the optimal step into the country: "There could definitely be more acquisitions."

Amasten on the Hunt for More

Sweden Sweden Amasten's Jan-Erik Höjvall tells Nordic Property News about the company's largest transaction of all time - and the plans for new business areas.

Rikshem Buys in Älvängen for EUR 30M

Sweden Sweden Rikshem has bought a combined retirement home and rental apartments for senior citizens in Älvängen, outside of Gothenburg, from Skanska.