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Sponda Plc in talks to build logistics facilities at Vuosaari harbour in Helsinki.

NORDIC BUSINESS REPORT-4 July 2006-Sponda Plc in talks to build logistics facilities at Vuosaari harbour in Helsinki(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

The Finnish real estate investor Sponda Plc said on Tuesday (4 July) that it is in talks with Finnish harbour operator Port of Helsinki regarding the construction of a 130,000 square metre logistics area at the Vuosaari harbour in Helsinki, Finland.

The project is estimated to cost just over EUR100m.

A basic agreement is expected to be signed during August.

One euro (EUR) is worth approximately 0.69 British pounds (GBP).

((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))

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Title Annotation:Port of Helsinki
Publication:Nordic Business Report
Article Type:Brief article
Geographic Code:4EUFI
Date:Jul 4, 2006
Words:110
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