Sponda - Company Announcement

Sale of Vuosaari harbour properties concluded

Sponda Plc               Stock Exchange Release 16 December 2015, 14:20





Sale of Vuosaari harbour properties concluded



Sponda Plc has today concluded the sale of the properties in Vuosaari harbour
to  Harbour (Logistics) Bidco Oy, a company affiliated to Blackstone Real
Estate Partners Europe IV. The purchase price was approximately EUR 100
million, which corresponds to the fair value of the properties on 30 September
2015. Sponda first issued a stock exchange release on the sale on 11 November
2015. 



Sponda Plc



Additional information:
Kari Inkinen, President and CEO, tel. +358 400 402 653
Pia Arrhenius, SVP, Corporate Planning and IR, tel. +358 40 527 4462





Sponda Plc is a property investment company specializing in commercial
properties in the largest cities in Finland. Sponda's business concept is to
own, lease and develop retail and office properties and shopping centres into
environments that promote the business success of its clients. The fair value
of Sponda's investment properties is approximately EUR 3.2 billion and the
leasable area is around 1.2 million m².