2012-01-27 08:00:00 CET

2012-01-27 08:00:08 CET


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Technopolis - Company Announcement

Technopolis to Start Tallinn Airport Campus Expansion


TECHNOPOLIS PLC      STOCK EXCHANGE RELEASE               January 27, 2012 at
9.00 


Technopolis to Start Tallinn Airport Campus Expansion

Technopolis Ülemiste AS will begin expanding its Tallinn airport campus. The
expansion is connected to 15 December 2011 signed agreement with Estonian Tax
and Customs Board whereby it leases approximately 11,650 square meters for ten
years from the Technopolis Ülemiste airport campus. 

The total investment in the Löötsa 8 A, B and C buildings on the Technopolis
Ülemiste airport campus is estimated to be around EUR 30 million of which EUR
7.5 million has been invested in the first phase. The rentable space totals
approximately 22,000 square meters and the gross area approximately 29,600
square meters. 50% of the facilities have been pre-let. The campus is scheduled
for completion in October 2013. 


Technopolis Plc
Keith Silverang
CEO
Phone +358 40 566 7785

Distribution:
NASDAQ OMX Helsinki
Main news media
www.technopolis.fi