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Sponda marks launch of new Mothership of Work concept on 10 March 2016

Sponda Plc                      
Press release
10 March at 09:00 a.m.

Sponda marks launch of new Mothership of Work concept on 10 March 2016

Property investment company Sponda Plc launched a new kind of user-powered service concept, unique in Finland, at Pieni Roobertinkatu 9 in Helsinki on 1 February 2016.

The Mothership of Work (MOW) launch event takes place today, 10 March 2016. The press are welcome to attend a media briefing at 3:30 p.m.

The Mothership of Work (MOW) is a co-working space for freelancers and businesses. MOW’s versatile facilities and services were developed in co-operation with the target group and cater to the users’ needs, adding convenience to working and strengthening communality.

“Ambitious independent professionals in the creative field need the support of a community and services which make daily work easier. Mothership of Work is a concept fully tailored to this group, important for the Finnish economy,” says Pia Arrhenius, SVP, Corporate Planning and IR, at Sponda. “We wanted to create a service concept which is not only simple and flexible but also communal and serves the needs of this group,” Arrhenius adds.

At the MOW, small businesses can achieve the muscle mass of a large enterprise

The Mothership of Work will provide tenants with their own workspace as well as internet, IT support, multifunctional shared spaces and a choice of additional services. At MOW, tenants can access health and well-being, accounting and financial management and legal services.

MOW is equipped with the latest technology throughout, including audiovisual technology and building services engineering. A bespoke MOW mobile application for members facilitates interaction between residents and is designed to bring together professional opportunities and talent.

Setting the vibe is the MOW Host, whose role is to help residents move in, get settled and get to know each other. No rent deposit is required at MOW, and the term of notice of the lease agreement is one month.

The total area of the six-storey building, which accommodates up to 250 tenants, is over 2,000 square metres, with different kinds of open spaces, a library, café-style lounges as well as private project spaces and offices. Restaurateur Kim Heiniö will open a new restaurant on the ground floor of the building.

“The transformation of working life is changing the ways people work. Therefore, co-working spaces are being established worldwide. In Finland, such spaces have been rare in this scope before Mothership of Work. As market leaders in office construction, at Sponda we want to take the lead in developing new commercial services and facilities in response to this new international trend.

The concept was created by Sponda in collaboration with the +1 Agency.

Sponda Plc

Additional information: Pia Arrhenius, SVP, Corporate Planning and IR, tel. +358 40 527 4462

Sponda Plc is a property investment company specialising 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 3.7 billion and the leasable area is around 1.9 million m2.

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