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Industrial PRIME | October 18, 2016

NCC to Develop and Build Four Apartment Buildings in Turku, Finland

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NCC to Develop and Build Four Apartment Buildings in Turku, Finland

Industrial PRIME | October 18, 2016

NCC will develop and build four apartment buildings with approximately 200 apartments and a parking garage in the Iso-Heikkilä district in Turku, Finland.

Iso-Heikkilä is a fast-developing district located near the Turku city centre. With the project now announced, NCC becomes one of the first construction companies to develop the area.

The contract was signed with FinCap Fund I Ky, part of investment company FinCap Kiinteistörahastot Oy. NCC has designed and developed the residential project and will sell it as a package deal including production. The construction works will commence in October 2016.

The project sale amounts to €26.1 million, including land sales of €4.7 million. The order will be registered in the fourth quarter in NCC’s business area NCC Building.

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Industrial PRIME

Tampere FINLAND

tel. +358 45136 3532

e-mail: contact(at)industrialprime.com

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