Sponda - Company Announcement

Sponda's logistics properties transaction finalised

Sponda Plc		Stock Exchange Release 	9 January 2009 at 12:50

Sponda's logistics properties transaction finalised

On 19 December 2008, real estate investment company Sponda Plc announced the
signing of an agreement to sell three logistics properties for altogether EUR
16.3 million to the Sponda Real Estate Fund II. Closing of the transaction took
place today. 

The properties being sold are located in Kuusankoski, Mikkeli and Oulu. They
have a combined leasable area of some 16,000 square metres and are fully
leased. 

In this transaction Sponda is selling properties that are outside its strategic
area. As stated in the company's strategy, Sponda is focusing on owning
properties in the largest cities in Finland and Russia. 

The Sponda Real Estate Fund II mainly invests in logistics, warehouse and
industrial properties in medium-sized towns in Finland. Sponda manages the fund
and the properties owned by the fund, and has a minority holding in the fund. 


Sponda Plc 


Further information: 
Kari Inkinen, President and CEO, tel. +358 400 402 653 



Sponda Plc is a real estate company specializing in commercial properties in
the largest cities in Finland and in Russia. Sponda's business concept is to
own, lease and develop office, retail and logistics properties into
environments that promote the business success of its clients. The fair value
of Sponda's investment properties is approximately EUR 2.9 billion euros and
the leasable area is around 1.4 million m².