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| NCC sells offices in Denmark NCC Property Development has sold the first two stages of the Zenit Company House office project in Aarhus, Denmark, for approximately SEK 256 million. The purchaser is Ejendomspartnerselskabet af 1/7 2003. The transaction will have a favorable impact on earnings in the fourth quarter of 2010, when ownership is transferred to the purchaser. The office building, which is currently under construction, will be classed as a GreenBuilding, which means that the building's energy consumption is expected to be at least 25 percent lower than the prevailing norm. Zenit Company House is located centrally, offering excellent visibility on one of the key entrance roads to Aarhus, Denmark's second-largest city. It is a modern and flexible office building, complete with meeting rooms, conference facilities and restaurants to be shared by its corporate tenants. The first of the two stages will be completed in March 2010 and the second in December 2010. The plan is to then build an additional two stages with 3,500 and 7,000 square meters of floor space, respectively. Once construction is completed, Zenit Company House will have a total of 20,500 square meters of floor space. write your comments about the article :: © 2010 Construction News :: home page |