PRESS RELEASE
from NCC
2003-11-10
No 47/03
NCC leases most of Columbus property in Brussels
NCC Property Development is to lease office premises in the Columbus office building
in Brussels to SCA Packaging. SCA Packaging will lease four of the building’s five
stories, which comprise a total of 5,350 square meters of floor space and 100 garage
spaces.
The Columbus office building is the fourth phase of NCC Property Development’s Twin
Square project, which is located in the proximity of Brussels’ international airport, Zaventem.
The previous three phases amounting to slightly more than 15,000 square meters of floor
space have already been developed and sold to WCM, a German real estate company. The
tenants in the earlier phases include Microsoft and Pharmacia.
SCA Packaging will move into the Columbus premises in March 2004.
As a result of this leasing agreement, NCC Property Development is entitled to exercise its
option to sell the fourth phase to WCM during 2004. A sale would generate revenues of
approximately SEK 120 million (approx. EUR 13 million) and have a neutral effect on NCC
AB’s earnings during 2004.
For further information, please contact:
Mats Wäppling, President NCC Property Development Tel +46 8 585 51770
or +46 70 645 0321
Gisela Lindstrand, Press Relations Manager NCC AB Tel +46 8 585 52346
or +46 70 392 9500
All of NCC’s press releases are available on www.ncc.info
NCC is one of the leading construction and property development companies in the Nordic region. NCC had in
2002 sales of SEK 45 billion, with 25,000 employees.
NCC AB
Postal address Visiting address Contact VATno.
SE-170 80 SOLNA Vallgatan 3, SOLNA Tel: +46 8 585 510 00 (publ) Reg.no SE556034517401
Fax: +46 8 85 77 75 Solna, Sweden
www.ncc.info