NCC has signed an agreement for Platzer to acquire NCC's Mimo project in Mölndal on its completion, which is scheduled for 2024, in accordance with the option between the parties. The transaction is based on a property value of just over
Illustration: Tomorrow
In
The transaction will take the form of a stock transfer agreement, based on an underlying property value of just over
The Mimo project comprises approximately 40,000 square meters gross area, of which 32,000 square meters are lettable floor space. The project consists of an existing building to be refurbished and the construction of two new buildings comprising 18 and 11 stories, respectively, that will house both offices and services. Construction of the project will commence in the autumn, as previously announced by NCC.
"Both NCC and Platzer are strong players in
The letting rate is currently just over 30 percent and tenants already include
"The rate of development in Mölndal city center combined with its location close to the station and the Mölndals bro transport hub mean that this acquisition of MIMO is entirely in line with our strategy of long-term ownership and development of commercial properties in prime locations. Our plan is to continue growing and to actively contribute to the development of Mölndal city center in the same manner as we do in other expansive hubs, such as Gamlestaden," says P-G Persson, CEO of Platzer.
The building will receive a sustainability certification at the BREEAM Excellent level.
For further information, please contact:
Tove Stål, Head of Group External Relations, NCC, +46 76 521 61 02
NCC's media line: +46 8 585 519 00, E-mail: press@ncc.se, NCC's Mediabank
This is the type of information that
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 a positive impact of construction for its customers and society. Operations include commercial property development, building and infrastructure project contracting, and asphalt and stone materials production. In 2020, NCC had sales of about
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