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Lemminkainen Corporation sells properties worth EUR200m.

NORDIC BUSINESS REPORT-5 January 2009-Lemminkainen Corporation sells properties worth EUR200m(C)1994-2009 M2 COMMUNICATIONS LTD

Finnish infrastructure contractor Lemminkainen Corporation (OMX Helsinki:LEM1S) said on Monday (5 January) that its building construction subsidiaries have sold 21 real estate properties to Finnish real estate investors.

The sold properties include completed and unfinished shopping centres and commercial and office buildings in different parts of Finland, the company said.

The sold properties were worth approximately EUR200m, the company added.

Lemminkainen, headquartered in Helsinki, Finland, operates in all sectors of the construction industry. The group has nearly 9,200 employees and reported net sales of EUR2.2bn in 2007.

One British pound (GBP) is worth approximately 1.06 euros (EUR).

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Publication:Nordic Business Report
Date:Jan 5, 2009
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