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2009-08-20 09:31:00 CEST 2009-08-20 09:31:46 CEST REGULATED INFORMATION Finnair Oyj - Company AnnouncementFINNAIR SELLS PART OF ITS PROPERTIESFINNAIR PLC STOCK EXCHANGE RELEASE 20.8.2009 AT 10:30 FINNAIR SELLS PART OF ITS PROPERTIES The Finnair Group's Finnair Facilities Management Oy has sold to NV Property Fund I Ky, and leased back on long-term lease agreements, four strategic properties located in the area of Helsinki-Vantaa Airport. The selling price is 77 million euros. The arrangement is part of a financing programme announced by Finnair earlier. The properties comprise Aircraft Hangar 7, the Ground Handling Fleet Centre, the Ground Equipment Maintenance Unit and the Training Centre. The properties will be leased by Finnair Facilities Management Oy and the users of the facilities are various business units of Finnair. The leased area totals around 60,000 square metres. Newsec Advice Oy has acted as Finnair's commercial adviser in the sale-and-leaseback arrangement. Finnair Plc Communications 20.8.2009 Further information: Mika Stirkkinen, Vice President and Group Treasurer, tel. +358 9 818 4960 |
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