Finnish property investment company Sponda has been selected from a list of three candidates to design a new 40,000 m[sup]2[/sup] shopping centre in the Finnish city of Vaasa. The city government will partner Sponda in designing and developing the shopping centre that will replace Vaasa's disused bus station. The project will be completed at the earliest in 2010.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
