Property investment company Sponda Plc has sold a two hectare land area in the Hakuninmaa district of Helsinki to Skanska Talonrakennus Oy for some 6.5 million.
The piece of land at Hakuninmaantie Road 3 is part of the planned Kuninkaantammi residential area. Sponda recorded capital gains of about 5.4 million on the sale.
Sponda has also sold Skanska Talonrakennus Oy a land area that is planned for housing production in the centre of Kauniainen for 3 million. Sponda recorded capital gains of 2.9 million on this transaction.
In these transactions Sponda has sold land areas that are planned for use in housing production and therefore do not fit in with Sponda's strategy, and the selling prices correspond to current market prices for housing land areas. In accordance with the company's strategy, Sponda focuses on owning office, retail and logistics properties.