Sponda acquires Finnish mall development for EUR 62m

By A staff reporter 2007-12-20T00:00:00

Sponda, the Helsinki-based real estate investment company, has purchased the Elovainio shopping centre development in the western Finnish town of Ylojarvi from developer Rakennustoimisto Palmberg for EUR 62 mln. The vendor will continue to be responsible for building the shopping centre and will arrange financing during construction. Sponda will pay ...

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