NCC to Construct 150 New Apartments in Aarhus

Regulatory News:

NCC (STO:NCCA) (STO:NCCB) has been commissioned by Bricks to build 150 two and three-room apartments, with work scheduled to commence during this autumn. The apartments are expected to be ready for occupancy in summer 2016.

"This is a project that we have very much been looking forward to. We have constructed several striking buildings in both the city center and in the new port area and it will be exciting to see how Frederiks Plads will harmonize with these,” says Klaus Kaae, Business Area Manager of NCC Construction Denmark.

On completion of the project, Aarhus will have another new central district, linking the city center with the port. With its prominent buildings, Frederiks Plads will create a more cohesive center in Aarhus and will thus contribute to the continued development of the city. The idea behind Frederiks Plads is to create a new space in the city.

"This is an exciting year for Aarhus, in which the city is developing and taking on a new shape. As always when working with the development of a city, it is important that new projects are balanced against the existing city. That is exactly the idea underpinning Frederiks Plads,” says Klaus Kaae, Business Area Manager of NCC Construction Denmark.

The space between the new buildings has the potential to become the new meeting point for the city. It will be divided into small "islands” where people can meet, socialize, go to a cafe and enjoy the atmosphere. Frederiks Plads is easily accessible due to its central location close to the railway station, bus station and future tramway; cars can park in the underground parking garage and cyclists can quickly make their way to the rest of the city.

The order will be registered in NCC Construction Denmark in the third quarter.

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 August 21, 2014 at 08:00 am.

About NCC. Our vision is to renew our industry and provide superior sustainable solutions. NCC is one of the leading construction, property development and infrastructure companies in Northern Europe. In 2013, NCC reported sales of SEK 58 billion and had 18,500 employees. The NCC share is listed on the NASDAQ OMX Stockholm.

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