Finland — YIT and Technopolis have agreed on the construction of a new research building in Otaniemi, Espoo, and the building will be occupied by VTT Technical Research Centre of Finland Ltd.

Nordic — Alf Astrup, who is responsible for Technopolis' operations in Oslo, is now also taking over responsibility for operations in Kista, Stockholm.

Sweden — Atrium Ljungberg has today concluded an agreement for the sale of the leaseholds Kolding 3 and 4, also known as Kista Front, in Kista, Stockholm. The purchase price is based on an underlying property value of SEK 805 million and the number of square meters amounts to 44,000. Technopolis is the buyer.

Finland — Technopolis sells their 60 percent share in their JV, Technopolis Kuopio, to the minority owner KPY.

Finland — Technopolis and its joint venture partner in Kuopio are investing EUR 17 million to expand their Microkatu campus in Kuopio. The new office building will increase the leasable area of ​​the Microkatu campus by approximately 6,300 square meters. The investment also includes the extension of an existing car park.

Finland — Keith Silverang, who has served as the CEO of Technopolis since 2008, will step down at the end of 2019. The Board of Directors of Technopolis has accepted his resignation and will immediately start an executive search process to find his replacement. In the meantime, Silverang will continue carrying out his duties and will assist in the recruitment and induction of his successor.

Nordic — Technopolis Plc and certain of its Group companies in Finland, Norway, Sweden and Lithuania have entered into a new financing arrangement consisting of euro, Norwegian krone and Swedish krona denominated senior secured facilities and mezzanine secured facilities for approximately EUR 930 million in total.

Finland — Kildare Nordic Acquisitions S.à r.l. has gained title to the minority shares in Technopolis and Technopolis shares will be delisted from Nasdaq Helsinki.

Finland — The Board of Directors of the Finnish real estate company Technopolis has resolved to apply for the termination of trading in the shares of Technopolis and the delisting of the shares from the official list of Nasdaq Helsinki.

Finland — Technopolis will invest a total of EUR 51.9 million in organic expansion in its existing Ozas Campus in Vilnius, Lithuania.

Finland — Technopolis will invest a total of EUR 94.1 million in organic expansion in its existing Otaniemi Campus in Espoo, Finland. The project will consist of three phases to be built in 2018–2024. It will add around 19,000 sqm to the rentable area of the Otaniemi campus, bringing the total to nearly 78,700 sqm upon completion of this project.

Finland — Technopolis’ coworking network, UMA Workspace, is expanding now in the Baltic capitals. New UMA Workspaces will open in the city centers of Tallinn, Estonia and Vilnius, Lithuania in mid-2019.

Nordic — Technopolis’ coworking network, UMA Workspace, is expanding full force. Four new spaces will open in 2019 and 2020. Two new UMAs will open in Stockholm, one in Espoo and another one in Warzaw as Technopolis makes their entry on the Polish market.

Finland — Kildare has made a public cash tender offer for listed Finnish company Technopolis of EUR 4.65 for each share. The total offer amounts to approximately EUR 729.7M. The board of Technopolis has recommended to accept the offer.

Finland — Technopolis will open a new UMA coworking space in Helsinki’s trendy and urban Kalasatama region in December 2018. The UMA Workspace-branded facility will be built into a leased 1,700 square meter space with 38 private offices, around 60 open area workstations and four shared meeting rooms.

Finland — Technopolis has decided on a EUR 25M investment to expand its CBD campus in Oulu. Construction work is scheduled to start in July 2018, after receiving a building permit. The project is due for completion in March 2020.