Sponda’s Annual Report scores Gold in EPRA’s review of annual reports in the real estate sector


Sponda Plc              Press release         25 September 2014 at 2:00 p.m.

Sponda’s Annual Report scores Gold in EPRA’s review of annual reports in the real estate sector

The 2013 annual report of property investment company Sponda Plc was recognised as being among the best in its industry at the EPRA (European Public Real Estate Association) annual seminar held on 24 September 2014 in London.

This year, the annual reports of 84 EPRA member companies participated in the annual review, which evaluates the financial reporting of European listed real estate companies. The award jury, comprised of the expert organisation Deloitte, recognised the 25 best annual reports with a Gold award. Sponda’s report was among of these.

The review of annual reports pays particular attention to compliance with EPRA’s recommendations and standards concerning best practices in financial reporting. By issuing recommendations on financial reporting, EPRA aims to promote consistency, comparability and transparency in reporting in the property sector. Sponda is actively involved in EPRA’s operations and the development of reporting in the property sector.

Sponda Plc


More information:
Pia Arrhenius, Senior Vice President, Corporate Planning and IR, Sponda Plc, tel. +358 40 527 4462

 

Sponda Plc is a property investment company that specialises in commercial properties in the largest cities in Finland.  Sponda’s business concept is to own, lease and develop retail and office properties and shopping centres into environments that promote the business success of its clients. The fair value of Sponda’s investment properties is approximately EUR 3.3 billion and the leasable area is around 1.4 million m².