NCC to Build the Office Building Valle Vision for Union Eiendomskapital

Norway Norway — NCC has signed an agreement with Union Eiendomskapital, through the UREF II Holding fund, to build Valle Vision in Oslo. The office building will comprise 23,500 square meters and is the third phase of the Valle area of Oslo. The order value is approximately SEK 460 million.

NCC to Construct New Office Building for Pension Danmark in Copenhagen

Denmark Denmark — Pension Danmark and NCC have signed an agreement to build a 13,000-square-meter office building for approximately SEK 400 million.

Castellum Acquires Office Property from NCC

Sweden Sweden — Castellum establishes itself in expansive Järva Krog in Solna. This is done through a company acquisition of NCC Property Fyrtioett AB and its modern newly built office property K11. The acquisition amounts to just over SEK 1 billion.

NCC Divests to Pension Danmark

Denmark Denmark — NCC is divesting the Omega Company House office building in the Skejby area of Aarhus to PensionDanmark for approximately SEK 260 million.

NCC in Property Development South of Gothenburg

Sweden Sweden — NCC is now commencing work on the property development project MIMO, encompassing approximately 40,000 square meters of offices, services and retail in Mölndal, due south of Gothenburg, Sweden.

Hufvudstaden and NCC to Develop City Block in Gothenburg

Sweden Sweden — A major development project is now being initiated, in the so-called "Johanna site", during which the block will undergo careful remodelling and new construction, while buildings of cultural and historical interest will be preserved.

NCC Divests Road Services Denmark

Denmark Denmark — NCC divests Road Services Denmark to the German based holding company Mutares (Frankfurt Stock Exchange: MUX). The transaction is expected to have a marginal positive effect on NCC earnings and cash flow in connection with closing, expected in the second quarter.

NCC Appoints New Head of Purchasing

Sweden Sweden — NCC has recruited Johan Lindqvist as its new Head of Purchasing and Chief Procurement Officer. Johan comes most recently from Volvo Bus Corporation, part of Volvo Group, and will be part of NCC’s Senior Management Team. He will take up his new position by November 2021 at the latest.

NCC to Develop Centrally Located Building in Helsinki

Finland Finland — NCC has acquired and is now commencing renovation of the illustrious and centrally located KY Building in Helsinki. The property, which is the former students’ union building of Helsinki School of Economics, will be renovated and converted into a modern, sustainable and multifunctional office block.

NCC to Construct Sports Facility in Trondheim

Norway Norway — NCC and Trondheim Municipality have signed an agreement to construct the new Granåsen winter sport venue in Trondheim, Norway. The project has been optimized in an initial phase during which the parties worked together to devise suitable technical solutions and plans for the implementation phase. The order is worth approximately SEK 470 million.

NCC to Construct Science Park Towers in Jönköping

Sweden Sweden — NCC, in cooperation with Jönköpings kommuns Fastighetsutveckling AB, is to construct the property block and future meeting place Science Park Towers in central Jönköping.

NCC Commences Project to Expand Two Correctional Facilities in Skaraborg

Sweden Sweden — NCC and Specialfastigheter have signed initial agreements for the expansion of two correctional facilities in Skaraborg. The assignment is to be conducted within the scope of the parties’ strategic partnering agreement and is to commence immediately with a planning phase. The total potential order volume is about SEK 2 billion.

NCC to Construct Residential Units in Helsinki

Finland Finland — NCC has been commissioned by the City of Helsinki to build seven apartment buildings with in total 187 apartments in the Herttoniemi area in eastern Helsinki. The combined order value is approximately 35 MEUR.

Pembroke and NCC to Create a New Office Building

Finland Finland — NCC and Pembroke have signed a contract to build a new office building in the Vallila area in Helsinki. An obsolete office will be replaced by a new sustainable and energy efficient 21,000 sqm building.

NCC Signs Lease with Puma

Sweden Sweden — The German sports company Puma signs a lease with NCC for an office and showroom of approximately 1,800 square meters in the newly built property K11 in Järva Krog.

A Strong Recovery to Expect from NCC in Denmark

Denmark Denmark — Managing Director Ole Faurby from NCC Property Development in Denmark on the recent project divestment, and how the construction giant strikes back on the market, after a slow start last year.

Pension Danmark Acquires Mixed-Use Project from NCC

Denmark Denmark — NCC is completing the Frederiks Plads property project in Aarhus, comprising housing, office and commercial premises, by selling the last office space of 15,000 square meters to the Pension Danmark pension fund for approximately SEK 800 million.

NCC to Develop New HQ for Genmab at Kontorværket in Copenhagen

Denmark Denmark — The Kontorværket commercial area project developed by NCC occupies a central location in Valby, a district in central Copenhagen. Here, NCC will build Genmab’s new headquarters, which will meet high environmental standards for both the building and the area.

NCC to Start Construction of We Land in Helsinki

Finland Finland — NCC will start construction of the new office concept We Land in the Ruoholahti district of Helsinki in December.

NCC Signs Contract for Liseberg’s New Water Park

Sweden Sweden — NCC and Liseberg amusement park have signed a contract for the construction of a new water park. The assignment is through the development company Liseberg Skår AB and the order value is approximately SEK 700 million.

The German Investor: “Oslo Remains Difficult Due to Its Nature of NOK Currency”

Nordic — Matthias Brodesser, Head of Transaction Management International at Warburg-HIH Invest, tells Nordic Property News about the latest office acquisition in Finland, the Nordic targets for the company, and why Norway is not an investment target for the company.

NCC Sells Helsinki Office Building to German Investor

Finland Finland — NCC has sold the office building Next, which will be become the headquarters of Fiskars Group when finished in late 2021, to a fund administered by German Warburg-HIH Invest Real Estate (Warburg-HIH Invest).

“We Have Received Interesting Calls – Worldwide”

Finland Finland — The Fredriksberg project in Helsinki attracts many investors. Yirui Jiang, Head of Property Development and Project Management at NCC, tells Nordic Property News whether another sale is soon to be closed, and why the whole project is that attractive for both tenants and investors.

NCC Leases to MTV and Will Construct Final Phase of Fredriksberg Project

Finland Finland — MTV, a Finnish media company, has signed a long-term lease for approximately 6,000 square metres and will move their head office to building D, the fourth and final phase of NCC’s development project Fredriksberg, in Helsinki.

NCC and Salem Municipality to Build Fågelsången School and Sports Hall

Sweden Sweden — NCC has been commissioned by Salem Municipality to build Fågelsången school with capacity for 500 pupils as well as an adjacent sports hall. The project is a design-build contract with an order value of approximately SEK 320 million.