NCC divests initial phase of Bromma's Hangar 5 for €69m

NCC has finalised an agreement to sell the first section of its Hangar 5 development in Bromma to Delcore Fastigheter for SEK 790 mln (€69.3 mln).

Hangar 5 property

The 11,000 m2 mixed-use property, which is fully leased to ICA, is being sold via a company divestment to a subsidiary of Delcore—a real estate venture jointly owned by AMF and ICA Fastigheter.

The handover and payment are scheduled for 3 July 2026. While the sale will boost cash flow in the third quarter of 2026, it will have no immediate impact on earnings, as profits for the Hangar 5 project will only be recognised once the entire development is sold.

Other sections of the highly sustainable, BREEAM Outstanding and Excellent certified project host tenants such as Coromatic, ST1, XXL, and Biz Apartment. The project will be nearly fully occupied by 2027, when NCC plans to relocate its own headquarters to the site.

Joachim Holmberg, head of NCC Property Development, said: “We intend to sell Hangar 5 in its entirety and are now divesting the first portion, which is let to ICA. The property’s location in the rapidly expanding Brommastaden area, adjacent to Bromma Blocks and Bromma Airport, is particularly attractive given the forthcoming future development of the area.”

Jan Kristensson, CEO of Delcore Fastigheter, added: “NCC has developed an attractive and accessible destination in Bromma, which will strengthen Delcore’s portfolio through the addition of a modern retail property in an established location.”