Final phase topping-out ceremony at Citycenter (FI) The glass cover for the Saarinen courtyard has already been completed. The final phase of construction scheduled for completion in spring 2013 will add approximately 7,000 m² of new or renovated retail premises to Citycenter. More »

Sponda completes partial repurchase of its hybrid bond (FI) All tenders from noteholders have been accepted and will be executed according to the terms and conditions of the offer. The repurchase price will be 102% for the nominal amount plus the accrued interest until the settlement date December 5, 2012. More »

Talentum office building developed by Sponda at rooftop height (FI) The new four-story building has risen on the site of the demolished Kuntotalo, the former recreational facility for the personnel of the state-run alcohol retail monopoly Alko. More »

Sponda signs €60 million loan extension (FI) The arrangement extends the loan for Elo shopping center. The margin on the loan corresponds with current market levels and the terms and conditions of the loan remain unchanged. More »

Sponda's logistics properties transaction finalized (FI) Property sales will reduce the share of logistics properties in the company’s property portfolio in accordance with Sponda’s strategy. More »

JLL: H1 2012 Russian real estate investment volume exceeded US $2.4 bln (RU) In H1 2012 Russian real estate investment volumes amounted to US $2,400 mln. Daria Bugaeva, Head of Capital Markets Research, Jones Lang... More »

Sponda sets up a new real estate fund and sells logistics properties (FI) The target size of the Sponda Fund III real estate fund is approximately €170 million. The fund’s initial investment portfolio of approximately €90 million consists of properties sold to the fund by its shareholders. More »

Salans advises UFG Real Estate on US $47 mln sale of Bakhrushina House to Sponda (RU) Bakhrushina House is located at 32 Bakhrushina Street, at the intersection of the Garden Ring and Bakhrushina Street. More »

Sponda purchases Moscow office property for US $47 million (RU) The Bakhrushina House is located at Bakhrushina Street 32, at the intersection of Garden Ring and Bakhrushina Street. More »

Sponda and WWF expand their partnership to reduce the ecological footprint of office premises (FI) The partnership first began in 2010. The partnership will be expanded in spring 2012 to cover services related to the WWF Green Office program. More »

Sponda's Ducat II office building in Moscow receives a BREEAM certificate (RU) BREEAM® (Building Research Establishment Environmental Assessment Method) is an international environmental classification system developed in Great Britain which is used to evaluate the environmental impacts of buildings. More »

Sponda's Senior Vice President, Property Development, to change (FI) Sponda expresses its gratitude to Mikkola for his nearly 10 years in the company and wishes him the best of luck and success in his coming challenges. More »

LEED Gold certification granted to Sponda's Citycenter office building (FI) The LEED certification is one of the best-known international green building certification systems, aiming at the reduction of environmental... More »

Sponda to partner in Russian Invest real estate investment company (FI/RU) The newly established company will invest in property investment projects in Moscow and St Petersburg. SRV will assume responsibility for... More »

Fennia Life divests three modern logistics properties in Greater Helsinki area and in Tampere region (FI) The refrigerated warehouse was constructed in 2007 and has a lettable area of approximately 11,300 m². The property is fully let to Valio Ltd. More »

Sponda to increase its holding in the Zeppelin Shopping Center (FI) Since 1992, the Zeppelin Shopping Center has offered services to the residents of the Kempele and Oulu region and is currently undergoing an expansion project. More »

Sponda sells share in Ovenia Oy (FI) Sponda records a sales profit of approximately €7.7 million from the deal. In the transaction, other shareholders will also sell their shares to funds managed by Vaaka Partners Ltd and to Ovenia’s current management. More »

Sponda to develop environmentally-friendly office building for Talentum (FI) Construction of the office building is set to begin in August 2011 and the project is scheduled for completion in April 2013. More »

Heart of City-Center complex reaches roof height (FI) The heart of the Citycenter complex, with its light shaft, and the office building have reached roof height, and the topping out ceremony was held on the site on October 21, 2010. More »

Sponda: Finnish property market on the rise (FI) Property investment company Sponda Plc has been increasing cash flow by improving occupancy rates and through active portfolio management said Kari Inkinen, the CEO of Sponda Plc. More »