SRV purchased a land area in Vantaa
Press Release 29 June 2007
SRV purchased a land area in Vantaa
SRV Group Plc has purchased a land area in Vantaa, Finland from SanomaWSOY
Corporation. The land area is situated in the proximity of Hämeenlinna highway
and Kehä III (Ring Road). Acquired land area enables the construction of
versatile business premises to the developing area of Vantaankoski.
The land area, purchased from Kiinteistö Oy Vantaan Valtatie 3, a subsidiary of
SanomaWSOY, is the size of 6.3 hectares. The existing city plan enables the
construction of offices with small-scale production and warehouse space,
provided that there is no disturbance to the surroundings.
- As a part Vantaankoski's rapidly developing industrial and office district and
due to its excellent location, the land area has significant development
potential. We believe that the whole area will become an increasingly important
business premises area in the near future, says Jouko Pöyhönen, Development
Director of SRV.
SRV is the leading construction project management company and property
developer that operates in Finland, Russia and the Baltic states. The Company's
offering includes project and property development, investment planning as well
as design and construction. SRV had revenues of EUR 479.5 million in 2006. The
Company employs app. 700 persons. SRV Group Plc is listed on the Helsinki Stock
Exchange.
Further information, please contact:
Jouko Pöyhönen, Development Director, SRV Group Plc
Tel. +358 201 45 5247
jouko.poyhonen@srv.fi