NCC divests property development projects in Norway

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NCC divests property development projects in Norway

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Published on 09/30/2025 at 09:15 am EDT

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NCC has signed an agreement to divest four property development projects in Norway as part of streamlining the company’s property portfolio in the Nordic region. The transactions will be completed in phases and are expected to have a marginal impact on earnings.

The divestment relates to NCC’s Norwegian subsidiary, NCC Property Development AS, including three early-phase property development projects to be sold to Fredensborg Bolig AS. In addition, NCC has divested its 50-percent stake in a joint venture project to Arctic Development Partners FNV2 AS.

The transactions will be conducted in several stages and are expected to be finalized in the fourth quarter of 2025 and in 2026, with limited impact on earnings for the NCC Property Development business area. In 2025, there will be a slight negative earnings impact in the third quarter, which is expected to be followed by a corresponding positive earnings impact in the fourth quarter.

The divestment is a strategic step to focus on NCC Property Development’s core business and to streamline the company’s property portfolio in the Nordic region.

For further information, please contact: Andreas Koch, Head of Communication and IR, +46 70 509 77 61

NCC’s media line: +46 8 585 519 00, [email protected], NCC’s Media bank

About NCC. NCC is one of the leading construction companies in the Nordics. Based on its expertise in managing complex construction processes, NCC contributes to the positive impact of construction for its customers and society. Operations include building and infrastructure project contracting, asphalt and stone materials production, and commercial property development. In 2024, NCC had sales of about SEK 62 bn and 11,800 employees. NCC’s shares are listed on Nasdaq Stockholm.

https://news.cision.com/ncc/r/ncc-divests-property-development-projects-in-norway,c4243354

https://mb.cision.com/Main/197/4243354/3697209.pdf

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NCC B: Dynamic Chart Logo NCC AB

Ncc AB is a Sweden-based company active within the construction and property development industry. Its operations are divided into three business areas: Industry, Building and Construction, and Development. The Industry area is managed by NCC Roads and focuses on the production of asphalt, as well as is engaged in paving operations and road services. The Building and Construction area is managed by NCC Construction units in Sweden, Denmark, Finland and Norway. The area is engaged in the construction of residential and office properties, other buildings, industrial facilities, roads, civil-engineering structures and other infrastructure. The Development area is managed by NCC Housing and NCC Property Development and is engaged in the development and sale of both residential and commercial properties. The Companyâs core business is conducted in the Nordic region, the Baltic States and Germany. More about the company Sell