TECHNOPOLIS PLC STOCK EXCHANGE RELEASE December 16, 2013 at 1:30 p.m.
Technopolis Closes Second Part of Falcon Campus Acquisition
Technopolis has today closed the acquisition of the second part of Falcon Business Park (Falcon) in Otaniemi, Espoo. The seller is a company owned by a fund managed by Aberdeen Asset Management. Technopolis announced the signing of the agreement on October 25, 2013 and the closing of the first part on November 1, 2013.
The total investment, including asset transfer tax, is EUR 77.5 million. The share of the second part now concluded is EUR 39.0 million, and it concerns 12,700 sqm of rentable space. The acquisition will be financed using Technopolis’ existing credit facilities and equity raised in the rights issue.
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, Estonia, Lithuania, Norway and Russia. 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.
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www.technopolis.fi