SPDE drops EUR 25m Haugesund Arena project

By A staff reporter 2008-02-15T00:00:00

Scandinavian Property Development (SPDE) said on Thursday it had abandoned the EUR 25 mln purchase of the Haugesund Arena development project from Flotmyr Utbygging. The company cited ‘uncertainty regarding the development and construction costs’ of the project as the reason for the withdrawal.

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