Nokia mulls selling its headquarters
The glass and steel building by the Baltic Sea is valued at 200-300 million euros ($259-388 million).
Helsinki: Struggling cellphone maker Nokia is seeking to sell its headquarters in Espoo, Finland as part of a drive to dispose of non-core assets.
"We are evaluating different options for non-core parts, such as real estate holdings, and that includes the headquarters," spokeswoman Maija Taimi told Reuters.
The glass and steel building by the Baltic Sea is valued at 200-300 million euros ($259-388 million), according to a report by Finnish newspaper Iltasanomat.
Nokia, which has been trying to improve its finances through large job cuts and other measures, told investors in July it was it was also looking to sell properties.
Recommended For You
- Ravindra Jadeja Gives it Back Royally to Matthew Wade
- Kapil Sharma Breaks Down While Filming His Show
- Avail Lowest Fares With AirAsia To Travel Across Asia and Australia
- American Photographer Captures Bollywood at Its Candid Best and Every Photo Narrates a Story
- Looking For a Solution For Everything Construction Related?