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Posti Kiinteistöt sells a logistics centre in Orimattila

09.09.2016

STOCK EXCHANGE RELEASE, POSTI GROUP CORPORATION, 9 September 2016 at 12.00 a.m.

Posti Kiinteistöt Ltd, a subsidiary of Posti Group, has signed an agreement to sell a 74,000 square metre logistics warehouse property Pennala 2 to RBS Nordisk Renting. The property is located in Orimattila, and it was completed in 2012-2013.

The sale of the property is part of Posti Group's plan to release capital for renewal and growth, among other purposes.

Posti Group will continue its business operations in the property with a long-term lease. The property will transfer to RBS Nordisk Renting on 15 September, 2016.

- Posti Group was looking for a long-term partner that will take the long-term requirements of our business operations into account. The timing was favourable for both parties, says Jarkko Ämtö, Managing Director of Posti Kiinteistöt Ltd.

Posti Kiinteistöt Oy is responsible for Posti Group's real estate portfolio. It is a wholly owned subsidiary of Posti Group Corporation. Company's real estates comprise about 630 properties with altogether more than 900 000 square metres.

 

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