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"Sponda Plc will establish the "Sponda Real Estate Fund II Ky". The fund has a target size for its real estate investment of about EUR 200 million, and an initial investment portfolio of approximately EUR 70 million will be acquired for the fund.
The fund will invest primarily in logistics, warehouse and industrial properties in medium-sized towns in Finland.
Sponda will manage the fund and the property owned by the fund.
Sponda Plc is a real estate company specializing in commercial properties in the largest cities in Finland and in Russia. Sponda's business concept is to own, lease and develop office, retail and logistics properties into environments that promote the business success of its clients. The fair value of Sponda's investment properties is approximately EUR 2.5 billion euros and the leasable area is around 1.3 million m²" (CS della Società)
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