Finnish commercial real estate company Sponda has purchased a logistics property from the Lutheran Parish Union of Helsinki for EUR 17 mln. The property is located in the Roihupelto district of Helsinki and provides 11,000 m[sup]2[/sup] of leasable warehouse, production and office space. The entire property is leased to a single tenant. The transaction is scheduled to close on 23 November.
Finnish commercial real estate company Sponda has purchased a logistics property from the Lutheran Parish Union of Helsinki for EUR 17 mln. The property is located in the Roihupelto district of Helsinki and provides 11,000 m2 of leasable warehouse, production and office space. The entire property is leased to a single tenant. The transaction is scheduled to close on 23 November.
Sponda owns, leases and develops office, retail and logistics properties in Finland and Russia. The fair value of the company's 1.3 million m2 investment property portfolio is about EUR 2.3 bn. Sponda is the largest real estate investment company listed on Helsinki Stock Exchange.
