Technopolis Buys 30 Percent Stake in its Oslo Campus

Norway — Technopolis has acquired the 30 percent stake in its Fornebu campus in Oslo from one of its minority shareholders, Koksa Eiendom AS (former IT Fornebu Properties AS), for approximately NOK 238 million (approximately EUR 25.5 million).

2016-06-16

In the aftermath of the deal Technopolis will hold an 81 percent interest in the campus, while Ilmarinen will still have its 19 percent stake.  The company’ s future outlook remains unchanged. The deal only affects the distribution of earnings to non-controlling interests.

The holding will increase Technopolis’ dividends from the campus’ operational company by approximately EUR 0.8 million in 2016.  Technopolis bought the campus jointly with IT Fornebu Properties AS in 2013.

Henrik Ekberg

[email protected] http://www.fastighetssverige.se