The Finnish economy, and its real-estate market by extension, have struggled since the global financial crisis, but both have improved in the last couple of years, agents said.
The cash offer, 5.19 euros per share, represents a premiumof 20.7 % compared to Sponda's last closing price
The pound rose to its highest rate against the euro since November 2007 on Thursday, climbing to €1.4350 at one point.
The euro fell against both the pound and the dollar as markets assessed potential interest rate moves over the next few months.
The European Central Bank is expected to maintain its loose monetary policy for some time to come.
However, markets are now waiting for rate rises in the UK and US.
Opt in here