Pöyry Oyj: Pöyry PLC: Pöyry sells the Vantaa office real estate

       Pöyry Oyj: Pöyry PLC: Pöyry sells the Vantaa office real estate

PÖYRY PLC  Company
Announcement 31 October, 2013 at3:00 p.m. EEST

Pöyry has agreed to sell its Vantaa office real estate in Finland to Niam
Nordic Core Plus fund, managed by Niam AB. In the transaction Pöyry PLC and
Niam AB will sign a long-term lease agreement for the property. The whole
transaction is expected to be effective before the end of 2013.

Following the transaction, Pöyry's Vantaa office real estate and 50 % of the
shares in Martinparkki Oy, which owns the adjacent car park, will be owned by
Niam AB.

"When the property deal is completed, it will improve the profit after taxes
for 2013 by about EUR 11 million and have a positive impact on our gearing
ratio", says Jukka Pahta, CFO, Pöyry PLC.

Johan Bergman CEO at Niam says, "This was an opportunity for us to acquire a
property with attractive and stable cash flows located next to the new airport
express train between the international airport and the city of Helsinki. We
are confident that the Helsinki office market is a very attractive investment
market that will continue to improve and grow".


Additional information from:
Jukka Pahta, CFO, Pöyry PLC
tel. +358 10 33 22629

Major media


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Source: Pöyry Oyj via Thomson Reuters ONE
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