Real estate investment company Sponda Plc is purchasing four logistics properties from Raskone Oy, a vehicle and heavy machinery service company, for EUR 16.4 million. The properties are located in Vantaa at Toinen Savu 8 (leasable area 5,500m²), in Oulu at Moreenikuja 2 (6,400 m² and building rights 15,000 m²), in Kuusankoski at Savontalontie 8 (7,500 m²) and in Mikkeli at Insinöörintie (1,500 m²). All these sites are fully leased and the average duration of the lease contracts is 10 years. The transaction also includes an undeveloped site in Vantaa with building rights totalling around 15,000 m².
Sponda Plc
Further information: Kari Inkinen, President and CEO, Sponda Plc, tel. +358 9 6805 8202, GSM +358 400 402 653.
Pasi Viitaniemi, SVP Logistics Properties, Sponda Ltd, tel. +358 9 6805 8416, GSM +358 40 705 3716.
Sponda Plc is a real estate investment company specializing in commercial properties in the Helsinki Metropolitan Area. Sponda's business concept is to own and develop office, retail and logistics properties into environments that promote the business success of its clients. The market value of Sponda's investment properties is approximately EUR 1.34 billion and the lettable area is 860,000 m2. Sponda is listed on the Helsinki Stock Exchange.