NCC to Build Waterfront Apartments in Nacka for Bonava

Regulatory News:

Bonava AB has commissioned NCC (STO:NCCA) (STO:NCCB) to build 97 waterfront, tenant-owned apartments in the Tollare Marina area in Nacka, Stockholm. The order value is SEK 279 M.

"Tollare is a popular new residential area in a fantastic setting. NCC has been developing and building here since the project commenced in early 2013 and we look forward to realizing Tollare Marina on behalf of Bonava,” says Henrik Landelius, Head of NCC Building Sweden.

NCC will commence construction of the new residential area in August. The 97 apartments, ranging between 41 and 155 square meters, are characterized by high standards and their proximity to water and nature. The buildings will also have a garage in the basement.

The area features affordable and sustainable housing units, not far from the waterfront facing south. The surrounding area has a small village feeling, with access to local services and efficient public transport.

Occupancy is scheduled for summer, 2018. The order value of SEK 279 M will be registered in the NCC Building business area in the third quarter.

This information is information that [• AB] is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication at 08:00 CET on August 16, 2016.

About NCC. Our vision is to renew our industry and provide superior sustainable solutions. NCC is one of the leading companies in construction, property development and infrastructure in Northern Europe, with sales, excluding Bonava, of SEK 53 billion and 16,000 employees in 2015.

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