Finnish real estate investment company Sponda Plc has sold the Kiiinteistö Oy Hauki office complex (the Bensow Building) in the Hauki block at Eteläesplanadi 22 in Helsinki city centre to Tapiola Mutual Pension Insurance Company. Sponda has entered a profit of MEUR 12 on the sale. Iridium Corporate Finance Oy Ab acted as a consultant to Sponda in this transaction.
Sponda Plc is a property investment company specializing in business premises in the Helsinki metropolitan area. Sponda's business concept is to create operating environments that promote the success of its clients. Sponda's property portfolio has a book value of approx. 1.1 billion euros and a total leasable area of about 800,000 m2. Sponda is the largest real estate investment company on the Helsinki Stock Exchange.
Sponda Plc
Further information:
Kari Kolu, President and CEO, Sponda Plc,
tel. +358 0 6805 8202
Veikko Majava, SVP, Sponda Plc,
tel. +358 0 6805 8205