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ARTICLES TAGGED WITH "NCC"

NCC Builds for Senate Properties

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

NCC to Build Clinic in Trondheim

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 — 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 — 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 — 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 — 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 — 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 — 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 — 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 — 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 — 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 — 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 — 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.

NCC to Sell Office Project in Helsinki

Finland — NCC is selling its Fredriksberg office project in Helsinki for approximately MSEK 460 (EUR 44M) to Swiss Life Asset Managers.

NCC Purchases in Stockholm – Invests SEK 2.5 billion in Development Project

Sweden — NCC is purchasing a property from ICA Fastigheter with approximately 50,000 square meters of development rights for offices, retail and a hotel. NCC has also signed 15-year leases for approximately 20,000 square meters.

NCC splits business area NCC Building

Nordic — NCC will split its largest business area, NCC Building, into Building Sweden, led by Henrik Landelius, and Building Nordics, led by Klaus Kaae. The aim is to provide each unit with better conditions to achieve profitable growth.

Susanne Lithander Appointed New CFO of NCC

Sweden — NCC is making changes to its Executive Management Group. Susanne Lithander is appointed as new CFO. Ylva Lageson returns to NCC as Head of Operational Development and IT and will become a member of the Executive Management Group.

NCC to Build Apartments for Danica

Denmark — Danica Pension and NCC have entered into an agreement to build 50 apartments in an attractive location in Hellerup, just north of Copenhagen.

NCC to Build Kulturkvarteret in Örebro

Sweden — NCC is to build a cultural district in Örebro that will include such amenities as a public library and a cultural school. The client is the municipal property company Örebroporten Fastigheter AB, and the project is a turnkey contract in partnering.

NCC to Build 235 Student Apartments in Aarhus

Denmark — NCC has been commissioned by the housing development company KONstruct to build 235 rental apartments for students and a café on Gøteborg Allé in Aarhus, Denmark. The investor is the Gøteborg Allé 7 ApS investment company.

NCC Constructs Office and Retail Complex in Tampere

Finland — NCC is to construct an office and retail complex next to Ratina shopping center in Tampere. The customer is Sponda Plc and the value of the project is approximately EUR 25M.