'In the past five years we have invested more than EUR 500 million in the Nordics and intend to expand our exposure significantly in the coming years. The new wooden office building wonderfully embodies our lifecycle-wise strategy, which revolves around sustainable and responsible construction,' says Saku Kosonen, SRV's Unit director, Business Premises in the Helsinki metropolitan area. This project requires specialist expertise in wood construction, which we've gained plenty of over the years, including building the Wood City quarter. 'We're delighted to start implementing the last section of the quarter. Supercell's headquarters and two residential apartment buildings are also located in the wooden quarter. The new premises will be commissioned during 2024. The goal is to create a work environment that is appropriate to the company's culture and operations and provides facilities where employees will enjoy working in the future.

The design of the building has been carried out in close collaboration with the companies, to accommodate their needs. The building will be used by WithSecure and F-Secure. The eight-story office building will have a total floor area of around 8,700 square metres. With this transaction, the construction of this office building - the final section of Wood City - will begin in June. The project will be recognised in SRV's order backlog in June. The total value of the transaction is about EUR 58 million.

The property has been leased to WithSecure, a leading Finnish cybersecurity company. SRV and Hamburg based real estate investment manager Union Investment have signed an agreement on the sale and construction of an office building to the Wood City quarter in JГ¤tkГ¤saari, Helsinki. SRV sells WithSecure headquarters to Union Investment - the wooden office building, to be built in Wood City, aims for a positive carbon handprint SRV GROUP PLC INVESTOR NEWS 16 JUNE 2022 15:00 EEST

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