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December 4, 2012 09:43 am EST
Original Link: http://www.engadget.com/2012/12/04/nokia-completes-sales-and-lease-back-of-its-espoo-finland-hq/
Nokia completes sales and lease-back of its Espoo, Finland HQ
As promised, Nokia has sold its Espoo, Finland headquarters to another Finnish company, Exilion, and signed a long-term lease to stay on as principal tenant. The company reported that the property, dubbed Nokia House, sold for 170 million euros and that the sale of the 48,000 square meter property (517,000 square feet) would be completed by the end of the year. The mobile company reportedly made the deal to help stem the flow from its recent poor financial performance, but will at least get to stay on in the building it's occupied since 1997. Check the PR after the break for more info.
Continue reading Nokia completes sales and lease-back of its Espoo, Finland HQ
Filed under: Cellphones, Misc, Nokia
Original Link: http://www.engadget.com/2012/12/04/nokia-completes-sales-and-lease-back-of-its-espoo-finland-hq/
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Engadget
Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WIMore About this Source Visit Engadget