Metso divests its head office property
Metso Corporation's press release on July 12, 2016 at 12:00 p.m. EEST
Metso has today sold its head office property located at Fabianinkatu 9, Helsinki, Finland, to Genesta's Nordic property fund, for a debt-free price of EUR 19.6 million.
Metso will continue as a tenant at the premises until the anticipated move in December to the refurbished premises in Sanomatalo, located in Helsinki's city center. Moving to Sanomatalo provides Metso with a modern and flexible new headquarters in a central Helsinki location.
Genesta is a fund and investment manager that specializes in commercial real estate in the four Nordic countries. Genesta invests in office, retail and logistics assets and has offices in Stockholm, Helsinki, Copenhagen and Luxembourg. www.genesta.eu
Metso is a world leading industrial company serving the mining, aggregates, recycling, oil, gas, pulp, paper and process industries. We help our customers improve their operational efficiency, reduce risks and increase profitability by using our unique knowledge, experienced people and innovative solutions to build new, sustainable ways of growing together.
Our products range from mining and aggregates processing equipment and systems to industrial valves and controls. Our customers are supported by a broad scope of services and a global network of over 80 service centers and about 6,400 services professionals. Metso has an uncompromising attitude towards safety.
Metso is listed on the NASDAQ OMX Helsinki, Finland, and had net sales of about EUR 2.9 billion in 2015. Metso employs over 12,000 persons in more than 50 countries. Expect results.
Juha Seppälä, Project Director, Metso, tel. +358 400 621 931, email: email@example.com
Helena Marjaranta, Vice President, Global Communications, Metso Corporation, tel. +358 20 484 3212, email: firstname.lastname@example.org