NCC sells retail property in Finland


NCC has sold a retail property, Lielahti Center, in Tampere, Finland, to the
Finnish pension insurance company Keva. The sale will have an impact on earnings
during the second quarter of 2014.
The transaction is being implemented on a forward funding* basis. The purchase
price is yield-based and the final purchase price, which is estimated to
approximately SEK 390 million, is set at project completion and will be based on
operating net at the time.

The project comprises a total of 15,000 square meters, including 13,330 square
meters of leasable retail and service space. The project will be completed in
April 2014. The current leasing ratio is 44 percent and NCC is responsible for
leasing the remaining vacant space up to completion, and three years thereafter.

“The Lielahti Center is being developed with high ambitions of creating value
for the citizens of Tampere. The project has a strong emphasis on environmental
issues and as one of the leading property developers in the Finnish market, we
are actively driving sustainability as part of our business”, says Joachim
Hallengren, President of NCC Property Development.

The Lielahti Center has been developed in cooperation with the city of Tampere.
The project will improve both shopping and public services in the Lielahti area.
The services consist of a library and several health and social services, such
as a child welfare clinic and a service center for the elderly. The Lielahti
Center will also house other service providers and specialty stores, among
others H&M.

The Lielahti Center is aiming for BREEAM environmental certification at the Very
Good level.

The sale will be recognized in the profit of the NCC Property Development
business area.

* Forward funding is a financing structure whereby the purchase consideration is
paid continuously in relation to completion of the project from the date of
access to completion.
For further information, please contact:
Joachim Hallengren, President, NCC Property Development business area, Phone +46
(0)70-643 95 68
Magnus Jonsson, External Communication and Media Relations Manager, NCC AB,
Phone +46 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
December 21, 2012, at 08.30 CET.

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. In 2011, NCC reported sales of SEK 53 billion and had 17,500
employees. NCC Property Development develops and sells commercial properties in
defined growth markets in Nordic region, the Baltic countries and St.
Petersburg.

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