Topics Mobile Tech News Friday, April 25

Headlines

Contact us


Site search:
complete archives list




Site Sponsors:


Don't forget AT&T and Verizon promo codes at Sidepon.com to save money.


Nokia to sell and lease back head office building
Posted: 04-Dec-2012 [Source: Nokia]

[Nokia to sell its 48,000 m2 head office building in Espoo, Finland to Finland-based Exilion and then rent it back on a long-term lease.]

Espoo, Finland -- Nokia has agreed to sell and lease back its head office building in Espoo, Finland on a long-term lease to Finland-based Exilion. We expect to complete the sale by the end of 2012. The selling price is EUR 170 million.

"We had a comprehensive sales process with both Finnish and foreign investors and we are very pleased with this outcome. As we have said before, owning real estate is not part of Nokia's core business and when good opportunities arise we are willing to exit these types of non-core assets. We are naturally continuing to operate in our head office building on a long-term basis," said Timo Ihamuotila, CFO, Nokia.

More...

Back to Headlines...

OnePlus One OnePlus One

HTC One (M8) HTC One (M8)

Samsung Gear 2 Tizen Watch Samsung Gear 2 Tizen Watch

HP VoiceTab HP VoiceTab

T200 octa-core T200 octa-core

Nokia 2520 Tablet Nokia 2520 Tablet

Samsung Galaxy Round Samsung Galaxy Round

BlackBerry Z30 BlackBerry Z30

iPhone 5S and iPhone 5C iPhone 5S and iPhone 5C

Samsung Galaxy Mega Samsung Galaxy Mega

Sony SmartWatch 2 Sony SmartWatch 2

iOS 7 iOS 7

Jolla Jolla

BlackBerry Z10 BlackBerry Z10

Galaxy S 4 Galaxy S 4

Galaxy Note 8.0 Galaxy Note 8.0

Ubuntu on Tablets Ubuntu on Tablets

HTC One HTC One

LG Optimus G Pro L-04E LG Optimus G Pro L-04E

Firefox OS Firefox OS

Sony Zperia Z Sony Zperia Z

iPhone 5 iPhone 5

Kindle Fire HD Kindle Fire HD

Nokia N920 Nokia N920

Sony Xperia Sony Xperia

LG Optimus Quad-core LG Optimus Quad-core

Google Nexus 7 Tablet Google Nexus 7 Tablet

Droid Incredible 4G LTE Droid Incredible 4G LTE

Samsung Galaxy S III Samsung Galaxy S III

HTC EVO 4G LTE HTC EVO 4G LTE

New iPad New iPad

Huawei Ascend D Quad Huawei Ascend D Quad

Nokia 808 PureView Nokia 808 PureView

Huawei Ascend P1 Huawei Ascend P1

Nokia 900 Nokia 900



 

Valid HTML 4.1!

RSS © 1999-2014 Traques LLC
All times recorded in UTC
webmaster@MobileTechNews.com