Sponda purchases logistics property in eastern part of Helsinki


Sponda Plc				Press release 31 October 2007, 12:30

Sponda purchases logistics property in eastern part of Helsinki

Sponda Plc has today signed a contract to purchase a logistics property from
the Lutheran Parish Union of Helsinki for some EUR 17 million. It is planned to
complete the transaction on 23 November 2007. 

The property, located at Tulppatie 1 in the Roihupelto district of Helsinki,
has altogether about 11,100 m2 of leasable warehouse, production and office
premises. The entire property is leased to a single tenant. 

Sponda Plc



Further information: 
Pasi Viitaniemi, Senior Vice President, Logistics Premises, Sponda Plc, 
tel. +358 20 431 3453



Sponda Plc is a real estate company specializing in commercial properties in
the largest cities in Finland and in Russia. Sponda's business concept is to
own, lease and develop office, retail and logistics properties into
environments that promote the business success of its clients. The fair value
of Sponda's investment properties is approximately EUR 2.3 billion euros and
the leasable area is around 1.3 million m². Sponda is the largest real estate
investment company listed on the Helsinki Stock Exchange. 
GlobeNewswire