Nordic Business Report-April 28, 2006-JER Europe Fund II acquires properties in Finland
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com
Finnish real estate investment company Sponda Plc said on Friday (28 April) that JER Europe Fund II Holdings S.A.R.L., in which Sponda Plc holds a 20% stake, has acquired retail properties in Finland for EUR42m.
The properties are located in Hameenlinna, Jyvaskyla, Kemi, Lappeenranta and Rauma.
The seller was Oy Realinvest Ab, the company said.
One euro (EUR) is worth approximately 0.69 British pounds (GBP).
((Comments on this story may be sent to firstname.lastname@example.org))