Real estate company Sponda said on Thursday that construction has started for its planned 21,500 m[sup]2[/sup] retail complex in the Itakeskus district of Helsinki. The scheme, expected to be completed by the end of 2008, will also comprise about 650 parking spaces. The estimated total investment in the retail premises will come to about EUR 56 mln. The property has been fully leased to HOK Elanto.
Real estate company Sponda said on Thursday that construction has started for its planned 21,500 m2 retail complex in the Itakeskus district of Helsinki. The scheme, expected to be completed by the end of 2008, will also comprise about 650 parking spaces. The estimated total investment in the retail premises will come to about EUR 56 mln. The property has been fully leased to HOK Elanto.
The Prisma Itakeskus store will operate on two floors of the retail premises. 'We have systematically aimed to increase our service offering for our customer-owners in the eastern part of Helsinki,' said Jorma Aromaki, manager of HOK-Elanto's Prisma chain.
