Blackstone Group and Areim has made a EUR 1.76bn bid for the Finnish company Sponda.
The property investment company Sponda will develop an office and retail complex at Tikkurila railway station in Vantaa, Finland.
Property investment company Sponda Plc has sold land areas in the Vermo district of Espoo, to Etera Mutual Personal Insurance Company and Suomen Asunnot ja Tontit I Ky. The purchase price was about EUR 23.2 million.
Sponda acquires six properties in the Forum block in Helsinki and plans a rights offering. – We are very satisfied with this acquisition, which represents an excellent step forward in the implementation of Sponda's strategy, says President and CEO Kari Inkinen.
Sponda Plc has signed a sale agreement concerning the sale of Vuosaari harbour assets. The buyer is Tellurium Investment, a company affiliated to Blackstone Real Estate Partners Europe IV.
Varma Mutual Pension Insurance Company has signed a sale agreement concerning the sale of 50% of its shares in Certeum Ltd to Tungsten Investment, a company affiliated to Blackstone Real Estate Partners Europe IV.
Sponda divests its 38 % stake in Certeum Ltd to Tungsten Investment, a company affiliated to Blackstone Real Estate Partners Europe IV.
Property investment company Sponda Plc will launch a new kind of user-powered service concept, unique in Finland, at Pieni Roobertinkatu 9 in Helsinki.
Niklas Nylander has been appointed Sponda´s Chief Financial Officer and a member of the Executive Board.
Finnish Property investment company Sponda has sold shopping centre known as Solnechniy II as well as the Bakhrushina House office building in Moscow for the price of € 42 M to Horizon Properties Ltd.
Sponda Plc has signed a loan agreement for 5 years for €115M with Danske Bank Plc. The arrangement extends the loan original maturity from July 2015 to April 2020. The loan is unsecured. The latest drawdown date of the loan will be in July 2015.
Sponda has made the decision to develop the Ratina shopping centre in Tampere, Finland. The complex comprises a total of approximately 53,000 square metres of retail and service premises with more than 150 shops.
Sponda Plc's Chief Financial Officer leaves the company.
The Ruohonjuuri shop in the shopping centre Citycenter, which is owned by Sponda, was chosen as the shop of the year 2015 at the Retail Awards gala.
Finnish Property investment company Sponda Plc has awarded DTZ Finland Oy as the property agent of the year for 2014. This was the first time that the same property agency was rewarded for two consecutive years.