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Technopls Ventures Ltd. M&A Activity 2013

Oct 25, 2013

7074_rns_2013-10-25_f54edad2-452a-42eb-bbaa-c9f137e4a52f.html

M&A Activity

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Technopolis to Acquire Campus in Otaniemi, Espoo

Technopolis to Acquire Campus in Otaniemi, Espoo

TECHNOPOLIS PLC STOCK EXCHANGE RELEASE October
25, 2013 at 2.30 p.m.

Technopolis to Acquire Campus in Otaniemi, Espoo

Technopolis has signed an agreement to acquire the Falcon Business Park
(“Falcon”) in Otaniemi, Espoo, from companies owned by a fund managed by
Aberdeen Asset Management. The company announced its intention to acquire
Falcon on October 11, 2013, and that it was investigating the possibility to
execute the acquisition as a joint venture with a co-investor. The negotiations
with the co-investor have ended, and Technopolis will execute the acquisition
alone. The total investment, including transfer taxes, is EUR 77.5 million, and
the closing of the transaction is expected to take place in two parts before
year-end 2013.

The closing of the deal is subject to the fulfillment of a number of normal
conditions. The acquisition will be financed using Technopolis' existing credit
facilities.

Technopolis plans to integrate Falcon and Innopoli into a single 60,800 sqm
campus with a shared infrastructure, property management and services.

The initial yield on the Falcon campus is estimated at 7.4% and the stabilized
yield at 7.8%. The market yield is 7.0%. Technopolis will get a three-year
rental guarantee on vacant space from the sellers. The guarantee will raise the
effective financial occupancy rate to approximately 97% at the point of
purchase and will gradually decline during the guarantee period. The company
estimates that the Falcon acquisition will increase the Group's net sales in
2014 by EUR 6.7 - 7.0 million and EBITDA by EUR 5.6 - 5.9 million.

Additional information on the campus: www.technopolis.fi/falcon-en

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 Vilnius. 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