Nordic Business Report-June 30, 2006-Sponda Plc acquires 58% stake in Kiinteisto Oy Heimola
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The Finnish real estate investment company Sponda Plc said on Friday (30 June) that it has acquired a 58% stake in the Kiinteisto Oy Heimola property in central Helsinki.
The shares were sold by Oy RealInvest Ab for EUR19.5m.
Sponda's ownership stake covers retail and office properties on three floors, as well as a basement with a restaurant property.
Sponda on Friday also announced the purchase of a EUR4m office and warehouse property in Espoo, as well as the EUR2.4m purchase of a 3,200 square metre logistic and retail property in Helsinki.
One euro (EUR) is worth approximately 0.69 British pounds (GBP).
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