Sponda has completed negotiations on the construction of logistics properties at Vuosaari Harbour
Sponda Plc and The Port of Helsinki will sign today, 16 October 2006, an agreement according to which Sponda will be responsible for the construction of a logistics area at the Vuosaari Harbour. The overall investment for the project will come to just over EUR 100 million and investments will commence at the end of 2007. More details of the project can be found from the release dated 4 July 2006.
Sponda Plc
For further details, please contact:
Kari Inkinen, President and CEO, tel. + 358 9 6805 8202, mobile + 358 400 402 653 and
Joni Mikkola, Senior Vice President, Property Development, tel. + 358 9 6805 8424, mobile + 358 40 518 1217.
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 operating environments in office, retail and logistics properties that promote the success of its customers. The market value of Sponda’s investment properties is approximately EUR 1.34 billion and the lettable area is 860,000 m2. Sponda’s share is listed on the Helsinki Stock Exchange.
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