The Finnish state has transferred its holding in listed real estate firm Sponda to state-owned vehicle Solidium. The operation involved the transfer of 38 million shares, roughly 34% of Sponda鈥檚 share capital. The Finnish state no longer holds any shares in Sponda.
The Finnish state has transferred its holding in listed real estate firm Sponda to state-owned vehicle Solidium. The operation involved the transfer of 38 million shares, roughly 34% of Sponda鈥檚 share capital. The Finnish state no longer holds any shares in Sponda.
Sponda develops, owns and leases office, retail and logistics properties in the largest cities in Finland and Russia. The fair value of Sponda's investment properties is about EUR 2.9 bn and the leasable area is around 1.4 million m2.
