NCC Construction AS in Norway has concluded an agreement worth approx. €54 million (SEK 548 mln) with Sørkedalsveien 9 AS concerning the construction of 300 new apartments in Oslo, Norway. The assignment will be conducted in the form of a turn-key contract.
The project has been named 'Nye Major' (New Major) and is located at Majorstua in Oslo. The owners of Sørkedalsveien 9 AS are Naturbetong AS and Titas Eiendom AS. In addition to the 300 apartments, NCC will build 5,000 m² of premises intended for industrial operations.
NCC will commence its construction work on May 1, and the area is scheduled for completion during the second half of 2009.
Artist impression of Nye Major in Oslo
The order will be registered during the second quarter of 2007.