AI assistant
Technopls Ventures Ltd. — Capital/Financing Update 2013
Sep 4, 2013
7074_rns_2013-09-04_4937c6e3-857d-4cba-b613-6a8abb94b409.html
Capital/Financing Update
Open in viewerOpens in your device viewer
Preliminary Agreement to Purchase a Plot in Tampere
Preliminary Agreement to Purchase a Plot in Tampere
TECHNOPOLIS PLC STOCK EXCHANGE RELEASE September 4, 2013, at
4.00 p.m.
Preliminary Agreement to Purchase a Plot in Tampere
Technopolis has entered into a preliminary agreement to purchase a plot of land
with Senate Properties, which represents the seller, the State of Finland. The
agreement covers approximately 5,000 sqm of land which will be zoned to a plot
in Tampere. The land area is located in the vicinity of Technopolis
Yliopistonrinne campus, the railway station, university of Tampere and the city
center. According to a city zoning plan alteration currently in process, the
plot will have approximately 22,800 floor sqm of permitted building volume.
The purchase price is estimated to be EUR 10.7 million. The final price will be
set in accordance with the permitted building volume included in the confirmed
city zoning plan. The deal is subject to approval of the Finnish Parliament and
execution is conditional to a confirmed city plan alteration. This is expected
to take place in December 2015 at the latest.
Technopolis Plc
Keith Silverang
CEO
Tel. +358 40 566 7785
Technopolis Plc is a listed real estate company that specializes in leasing
space and providing services. Its core business idea is to combine business
support services with modern, flexible, multi-user business environments. There
are approximately 26,000 people and almost 1,400 companies and organizations in
Technopolis premises in Finland, Russia, Estonia and Lithuania. The company's
net sales for 2012 totaled EUR 107.3 million, and its EBITDA was EUR 55.8
million. The Technopolis Plc share (TPS1V) is listed on NASDAQ OMX Helsinki.
Distribution:
NASDAQ OMX Helsinki
Main news media
www.technopolis.fi