Wednesday, 3 October 2012

Nokia to sell it's headquarters in Espoo, Finland (Rumor)

By Ibrahim Dbouk | 3 October 2012

According to the Finnish newspaper "Helsingin Sanomat", Nokia is considering to sell its headquarters located in Espoo (Finland). "We are evaluating different options for non-core parts, such as real estate holdings, and that includes the headquarters".

The headquarters building, named The Nokia House, is estimated to be valued at €200-300 million, according to Finnish newspaper Ilta-Sanomat.

On the contrary, this would not mean that Nokia is moving its headquarters elsewhere. “Divesting real estate is an entirely different thing compared to the location of the headquarters. As we have said many times before, we have no plans to move our headquarters”, a Nokia spokesperson told TechCrunch.

Source: Helsingin Sanomat, Ilta-Sanomat, Reuters, TechCrunch .

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