NCC sells land with residential contract for EUR 39m

By A staff reporter 2010-01-08T00:00:00+00:00

NCC Housing has closed an agreement with Fastighets Förvaltaren regarding the transfer of land that is prepared for construction and includes a residential construction contract in the area of Ursvik, in Sundbyberg, outside Stockholm.

NCC Housing has closed an agreement with Fastighets Förvaltaren regarding the transfer of land that is prepared for construction and includes a residential construction contract in the area of Ursvik, in Sundbyberg, outside Stockholm.

The contract allows for the construction of two residential blocks, with a total of 265 rental apartments valued at approximately SEK 400 mln (EUR 39 mln).