“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.