As a consequence, Ilmarinen becomes the largest owner of REDI with a 49.9% stake in the property. The final transaction price will be determined later.
In addition, SRV completed two disposals in Tampere. Firstly, SRV has sold a part of its shares and partnership interests in the Tampere Central Deck and Arena project to other investors of the project for approx. EUR 19.3 million.
After the disposals, SRV holds a stake of 8.3 percent of the project. In addition, SRV sold over 80% of the Ranta-Tampella residential project to the co-investors of the project. SRV continues as a main contractor of the Tampere Central Deck and Arena project.