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| NCC to sell logistics facility at Port of Gothenburg NCC Property Development is to divest a logistics facility at the Port of Gothenburg for SEK 224 million. The buyer is M&G European Property Fund, which is managed by PRUPIM, one of the world's leading property asset managers. The property will be transferred in December and the resulting profit will be recognized in the fourth quarter of 2012. The transaction will be implemented in the form of a company divestment. The property, which is under construction at NCC's site at the Port of Gothenburg, is fully leased to Amring (Amerikanska Ringdepoten AB), which will relocate at the end of 2012. The building comprises nearly 26,000 square meters of floor space. The warehouse and logistics facilities constructed by NCC meet meticulous requirements in terms of minimizing the environmental impact. The property has been eco-classified at the level "Very Good" according to the BREEAM international environmental certification system. write your comments about the article :: © 2012 Construction News :: home page |