Technopolis Expands in Tampere

Finland Finland Technopolis has decided on EUR 46 million investment in organic expansion in Tampere, Finland. The new City Center Campus will be built in the CBD Tampere with excellent connections. Construction work is scheduled to start in February 2018, after the receipt of a building permit by City of Tampere. Project is due for completion in December 2019, and first leases are set to start on Jan 1, 2020.

2017-12-29

Share via e-mail

“This investment is an important part of our organic growth strategy. Tampere is one of the most dynamic cities in Finland. It is a growing but well-diversified knowledge economy”, says Keith Silverang, CEO of Technopolis. 

The City Center campus will have a rentable area of 13,200 sqm upon completion, and the pre-let rate at present is 34 percent. The campus will also have a parking facility with some 120 parking spaces. The initial net rental yield of the project is estimated at 6.4 percent and stabilized yield at 7.9 percent. City Center campus is on track to achieve Gold-level LEED (Leadership in Energy and Environmental Design) certificate.

“I am truly excited about having this new high-profile campus in CBD Tampere with excellent location, just five minutes from the railway station and the main streets. In CBD Tampere, there is growing demand for well-functioning, quality office space with value-adding services. The high occupancy (95 percent) of our other CBD campus combined with a 34 percent pre-let rate gives us confidence in the success of this project”, says Henri Rantalainen, Director, Tampere operations of Technopolis.




Axel Ohlsson
axel@nordicpropertynews.com




Bonava Sells Apartments in Vantaa

Finland Finland Bonava has carried out an investor transaction in Vantaa. The purchaser was the investor Icecapital Housing Fund IV Ky and the transaction encompassed 75 rental apartments.


Trophi Chooses Finland over Sweden

Finland Finland Trophi continues to purchase in Finland. After the new large acquisition in Jyväskylä, CEO Jan Björk tells Nordic Property News about the attraction of Finland, why they have been cautious in Sweden and why he does not fear e-commerce.

If Extends Lease in Turku

Finland Finland Insurance company If and Nordisk Renting continue their cooperation regarding the If regional head office in Kupittaa, Turku.

Kielo Strenghtens Position in Jyväskylä

Finland Finland With a new major acquisiton in Jyväskylä, the Brunswick company Kielo keeps strenghtening their positions. Erik Widmark, Partner at Brunswick, tells Nordic Property News about syneregies of the latest acqusition and the strategies for 2018.

Corum AM Buys Retail Asset in Lahti

Finland Finland Corum Am has acquired the old bus station at Jalkarannantie 1 in central Lahti that is undergoing a retail conversion.


Triuva Gets Back in the Finnish Game

Finland Finland For the first time in years German Triuva invests in Finland. Jörg Laue, Director of Investment Management, tells Nordic Property News of the key acquisition and the reason for the company's absence from Finnish transactions.

YIT Builds in Tampere

Finland Finland YIT to construct rental apartments worth approximately EUR 50 million in the capital region and in Tampere.

YIT and Hartela to Construct Service Centre in Helsinki

Finland Finland The construction of the property project for local service centre Hertsi located in Herttoniemi, Helsinki, developed by YIT and Hartela, will start in January 2018. YIT and Hartela will realise the project as a consortium with equal 50/50 shares.

“Hard to Find Better Conditions”

Finland Finland At the end of 2017 Sagax made yet another acquisition in Finland. The company’s CEO David Mindus summarizes 2017 for Nordic Property News, and shares the future plans for the Finnish market.

Hemsö Acquires Nursing Home and Preschool in Espoo

Finland Finland The acquisition is being carried out under the framework agreement signed with YIT in June 2016. The purchase price amounts to approximately EUR 13M.