Sponda Plc Press release 14 February 2014 at 1:20 p.m. Property investment company
Sponda Plchas selected DTZ Finland Oyas property agent of the year for 2013. This is the sixth time Spondahas awarded the title. In giving out the award, Ossi Hynynen, Senior Vice President for Investment Properties at Sponda, stated that DTZ Finland, one of the largest property agents in the Helsinkimetropolitan area, earned the title due to its active and successful cooperation with Sponda. -- We have an active five-member team that handles the leasing of business premises. Successful leasing operations for office, logistics and retail premises led to another strong result in 2013. Our retail cooperation with Spondahas been particularly fruitful, said Hanna Lamadon, Partner and Head of Commercial Leasingat DTZ Finland. According to Lamadon, property agents had to work very hard to achieve a good result in 2013. Thanks to its active approach, DTZ signed over 80 new leases during the year. The high workload looks set to continue in 2014, with approximately one million square metres of office premises currently vacant in the Helsinkimetropolitan area. Lamadon says the market has picked up in the early part of the new year. During the recession, the business premises requirements of many companies have become dammed up. Once the economy begins to recover, the vacant premises will begin to fill up. January has brought clear indications of more activity in the industry. DTZ Finland Oyhas operated under its current name for ten years, but the company was originally established in 1992 as Kauppahuone DJP. The DTZ brand was adopted as the umbrella name for the company after the merger of Kauppahuone and Estimatum in 2004. In Finland, the company is owned by seven partners, and its founders are Pekka Piironen, Arno Jaulasand Raul vonDenffer. Property agents are a significant stakeholder for Sponda, as they support the company’s leasing operations by providing an additional channel for establishing contact with customers. By giving out an annual award to one of our partners for their successful cooperation, we want to show our appreciation for the important work property agents do as part of Sponda’s leasing operations. Sponda Plc Additional information: Ossi Hynynen, Senior Vice President, Investment Properties, tel. +358 400 701 030 Sponda Plcis a property investment company that specialises in commercial properties in the largest cities in Finland. Sponda’s business concept is to own, lease and develop office premises, retail properties and shopping centres in environments that promote the business success of its clients. The fair value of Sponda’s investment properties is approximately EUR 3.3 billionand the leasable area is around 1.4 million square metres. Copyright © 2014 OMX AB (publ).