NCC Housing has concluded an agreement on the transfer of the property Luthagen 13:2 in Uppsala to Genova Fastigheter.
NCC Housing has concluded an agreement on the transfer of the property Luthagen 13:2 in Uppsala to Genova Fastigheter.
The transaction includes a teachers' college, and the transfer will occur in the form of a corporate transaction with an underlying property value of SEK 100 mln (EUR 9.1 mln).
The purchase consideration for the property was paid in conjunction with the transfer of access to the property, which occurred on 29 June 2009.
The area of the property Luthagen 13:2 is about one hectare, and it is located west of central Uppsala. The land area now includes six buildings that were constructed in about 1900 and have been used as educational premises, including Uppsala’s old teachers’ college.
NCC is selling the building that houses the teachers’ college, but will retain a few of the smaller buildings and the park area for the development of new housing.
