The deal includes Vuosaaren Logistiikkakeskus Koy, Vuosaaren Porttikeskus Koy and Vuosaari Service Center Koy.

The sales price is approximately €100 M which corresponds to the fair value of the properties on 30 September 2015. The purchase price is subject to customary adjustments. The sale is expected to be completed by the 16th of December 2015.

The properties in Vuosaari harbour, constructed by Sponda, consist of 65,000 sqm of logistics area, 15,000 sqm Porttikeskus and 4,300 sqm Vuosaari Service Center.

The agreed sale of the assets is part of the implementation of Sponda's strategy and in accordance with Sponda’s plans to sell its logistics portfolio.