Helsinki-based property group Sponda intends to raise up to EUR 250 mln through a share issue to finance the acquisition of the Finnish real estate investment company Kapiteeli. The transaction in mid-December 2006 doubled Sponda's real estate portfolio to about 2 million m[sup]2[/sup] of total leasable area across Finland.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
