NCC AB

NCC to construct office for Swedavia at Arlanda for SEK 480 million

Press Release   •   Jul 09, 2012 14:23 BST

NCC Construction Sweden has secured the assignment to construct a new office building at Arlanda Airport. The client is Swedavia and the contract is estimated to be valued at about SEK 480 million. The project will be conducted as a partnering venture between NCC and Swedavia. Project planning will commence immediately and the start of construction and order registration are scheduled for the first quarter of 2013.

Order registration and the start of construction require the relevant official permits and a final decision on investment by Swedavia.

The new office premises will be named Sense Building and will be part of Airport City Stockholm. The goal of Airport City Stockholm is to achieve sustainable urban development and a vibrant urban environment around Arlanda.

“Sense Building is an incredibly exciting project and it is very satisfying that we have now selected NCC as the contractor,” says Jan Egenäs, President of Swedavia Real Estate. “This is a major step toward our vision of a more vibrant airport that provides companies and tenants with all of the benefits offered by our unique communications location. The choice of contractor is a key milestone in this project.”

The project will be conducted as a partnering venture. This is a structured form of cooperation, in which the developer, consultants and contractors jointly resolve the construction assignment. The method is based on open and trusting cooperation, in which the parties’ professional knowledge is mutually beneficial throughout all of the project phases.

“We will now have the possibility to continue our partnering work with Swedavia, in which we can contribute our knowledge and experience of office buildings. We are currently working on completion of the Clarion Hotel that is immediately adjacent to the Sense Building,” says Lars Westman, Department Manager at NCC Construction, Building Department, Stockholm Mälardalen Region.

Sense Building will have Breeam environmental classification. The project will employ between 150 and 200 persons. The office building is scheduled for completion in July 2015.

For further information, please contact:
Lars Westman, Department Manager, Stockholm/Mälardalen Region, NCC Construction Sweden Telefon +46 (0)8-585 512 67
Magnus Jonsson, Manager External Communication, NCC AB Telefon +46 (0)8 585 522 46

NCC’s media line +46 8 585 519 00, e-mail: press@ncc.se

This is the type of information that NCC could be obligated to disclose pursuant to the Securities Market Act. The information was issued for publication on , at a.m./p.m.

All of NCC:s press releases are available on www.ncc.se.

NCC is one of the leading construction and property development companies in the Nordic region. NCC had in 2011 sales of SEK 53 billion, with 17,500 employees. NCC Construction Sweden constructs residential and office properties, roads, civil-engineering structures and other infrastructure in Sweden.