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ARTICLES TAGGED WITH "NCC"

NCC Hires New Business Area Manager for Building Nordics

Nordic — Catarina Molén-Runnäs will become new Business Area Manager of NCC Building Nordics. She will join NCC no later than February 1, 2020 to replace Klaus Kaae.

NCC Sells Office Project to Varma

Finland Finland — NCC has signed a long-term lease for approximately 10,000 square meters with the company Trimble Solutions Corporation in a new office project at Hatsina in Espoo, Finland. NCC has also signed an agreement with pension insurance company Varma to sell the project when completed.

NCC to Renovate Project in Roskilde

Denmark Denmark — Rental housing company Sjælland has selected NCC as main contractor for the refurbishment of Rønnebærparken and Æblehaven in Roskilde.

After the Major Deal in Norway: Here Are Pareto’s Next Investment Targets

Nordic — Stefan Gattberg, Head of Investment Banking and Project Finance at Pareto Securities, on which country they prefer to invest in, the availability of capital and when the next big deal is happening.

NCC Sells Office Properties in Oslo to Pareto Company

Norway Norway — NCC is selling the Valle Wood and Valle View office projects, including the remaining development rights in the Helsfyr area of Oslo, to Valle Eiendom Holding AS, a newly formed property company established by Pareto Securities, for nearly SEK 2 billion.

NCC Will Construct New "Super Hospital"

Denmark Denmark — The Hovedstaden region of Denmark has chosen NCC to construct the New North Zealand Hospital, the last of the super hospitals to be built in Denmark.

Trianon Buys Multihuset from NCC

Sweden Sweden — Trianon has signed an agreement to acquire the Multihuset project by NCC. The multihouse is located at Limhamn in Malmö and the acquisition has an underlying property value of MSEK 425.

NCC Secures Major Order in Denmark

Denmark Denmark — NCC has been commissioned by property developer Bricks A/S to build Nicolinehus in Aarhus, a construction project of 40,000 square meters valued at nearly SEK 1.4 billion. Nicolinehus will form a link between the city and the port comprising housing units, a market hall, stores, fitness centers, offices and restaurants.

NCC Builds for Senate Properties

Finland Finland — NCC has been selected by state owned real estate company Senate Properties to construct the new building for the National Institute for Health and Welfare (THL) in, Helsinki, Finland. The order value is over SEK 300 million and it is one of the key partnering projects of Senate Properties.

NCC Sells Logistics to M&G

Sweden Sweden — NCC is divesting the Lyckobrunnen logistics project in Brunna, Upplands Bro, to global real estate investment firm M&G Real Estate for MSEK 190.

NCC PD Appoints New Business Area Manager

Sweden Sweden — Joachim Holmberg will be the new Business Area Manager of NCC Property Development.

NCC to Build Clinic in Trondheim

Norway Norway — NCC has been commissioned by St. Olavs Hospital HF to build a high-security clinic for psychiatric care at Østmarka in Trondheim, Norway.

NCC Secures Large Residential Order on New Copenhagen Island

Denmark Denmark — NCC has secured an order worth more than SEK 1.5 billion to build 233 housing units and a parking garage on Kronløbsøen, a new island at Copenhagen Nordhavn. The parties behind the project, which comprises a total floor area of 63,600 square meters, are By & Havn, Pension Danmark and Nordkranen.

NCC Leases to Nordea in Denmark and Launches New Office Project

Denmark Denmark — Nordea has signed a 15-year lease for approximately 8,500 square meters in NCC’s Frederiks Plads II office project in Aarhus, Denmark.

NCC Secures Major Refurbishment Framework Agreement in Denmark

Denmark Denmark — NCC has signed a four-year framework agreement valued at more than SEK 3.3 billion with the public housing company FSB in Denmark. NCC will work in partnership with Cowi, Rubow Architects, Smith Innovation and BM Byggeindustri.

NCC Sells Office Project in Copenhagen

Denmark Denmark — NCC is divesting the Flintholm II office project, the head office of the consultancy EY in Copenhagen, to the German real estate asset manager Deka Immobilien for approximately SEK 460 million (EUR 43 million).

NCC Leases 16,000 sqm and Launches New Office Project

Norway Norway — The Norwegian agency UDI has signed a ten-year lease for approximately 16,000 square meters in NCC’s Valle View office project at Helsfyr in the Oslo region.

NCC to Convert Offices Into a New Hilton Hotel in Copenhagen

Denmark Denmark — ATP Ejendomme and NCC have signed an agreement to refurbish and expand Nordea’s former headquarters in Copenhagen, converting it into the Hilton Copenhagen City Center. The contract is valued at approximately MSEK 825 (EUR 78M).

Conversions – An Ongoing Trend in Denmark

Denmark Denmark — Dennis Nielsen, Head of Refurbishment at NCC in Denmark, tells Nordic Property News why conversions from offices to hotels is a trend in Copenhagen.

The Challenges for NCC in the Nordics – Country by Country

Nordic — A tough year for NCC is to an end. The construction giant, who is active in all Nordic countries, struggles with various challenges in each country.

NCC to Sell Office Project to Pension Danmark

Denmark Denmark — NCC is divesting the Frederiks Plads Company House office project in central Aarhus to Pension Danmark for approximately MSEK 240 (EUR 23M).

NCC Turns Office Into a Hotel at the Helsinki Central Station

Finland Finland — NCC has been selected to renovate an office into a hotel at the main railway station in Helsinki, Finland. The value of the project is about MSEK 740 (EUR 72.5M) and the customer is the real estate investment company Exilion.

NCC Builds Residential for Elo

Finland Finland — NCC will build 70 homes for Elo in Vantaa.

Here Are the Markets NCC Exits After Major Loss in Q3

Nordic — NCC presented severe losses in Q3. To straighten the ship going forward NCC has decided to vacate several Nordic markets.

"Foreign Investors Will Keep Being Quite Active"

Finland Finland — Last week NCC sold an office building in Helsinki to Swiss Life and keeps the pace up on the Finnish market. Petri Bergström, Head of NCC Property Development Finland, tells Nordic Property News of the divestment, what next for NCC PD and how he believes the foreign interest in the Finnish market will develop.