September 30, 2016

Technopolis adds floor space in Estonia

The new facilities of Technopolis will increase the rentable area of the Ulemiste business district to around 82 000 m2.
The new facilities of Technopolis will increase the rentable area of the Ulemiste business district to around 82 000 m2.
Technopolis

Finnish real estate company Technopolis and its Estonian partner Mainor are to invest approximately 20 million euros in the expansion of the Ulemiste campus in Tallinn.

The investment consists of a new Technopolis office building and a parking hall. Moreover, a protected building at the site will be renovated into a grocery store.

According to the company, there is a demand for modern office space and services in the Ulemiste campus. Currently, the rapidly-developing business district hosts as much as 12 per cent of Tallinn’s office space.

“It’s important for us to offer growth opportunities for both our existing and new customers in Tallinn,” says Keith Silverang, CEO of Technopolis. “This includes renovating the campus to better serve the changing working life. Versatile services, such as a grocery store, make everyday life easier for our customers and boost the attractiveness of the whole area.”

Technopolis first entered the Estonian market six years ago. The three-stage investment will commence once building permits have been received.

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