NCC to construct building for retail activities in Norway

NCC and Arcanum Eiendom have partnered on the development of the project since January of this year. The building is the first phase of construction on the site and will feature an underground parking garage and two floors for commercial retail activities. The total usable floor area (UFA) is approximately 9,000 square meters.

“We have had an effective and constructive cooperation during the partnering phase. This has resulted in a well-designed project that will promote a vibrant area adapted for commercial retail operations,” says Bjørn Kristian Hole, Head of Department at NCC Building Nordics.

The building is being constructed at Philip Pedersens vei 9 in Lysaker, Bærum Municipality, where NCC has previously developed and constructed both neighboring buildings. 

Construction will commence at the end of May and is scheduled for completion in autumn 2027. 

The order value is about SEK 200 million and will be registered in the NCC Building Nordics business area in the second quarter of 2026.

For further information, please contact:
Tove Stål, Head of Group External Relations NCC, +46 76 521 61 02, tove.stal@ncc.se

NCC’s media line: +46 8 585 519 00, press@ncc.se, 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 2025, NCC had sales of about SEK 56 bn and 11,500 employees. NCC’s shares are listed on Nasdaq Stockholm.