April 6, 2017 / 2:36 PM / 4 months ago

BRIEF-Technopolis acquires office property in Vilnius

1 Min Read

April 6 (Reuters) - TECHNOPOLIS OYJ

* Acquires Office Property in Vilnius

* ACQUIRED AN OFFICE PROPERTY UNDER CONSTRUCTION IN VILNIUS NEIGHBORING ITS OWN CAMPUS IN OZAS AREA

* SIGNED A SALE AND PURCHASE AGREEMENT TO ACQUIRE A NEIGHBORING LAND PLOT WITH EXPANSION POTENTIAL OF AT LEAST 20,000 SQM

* Investment Value of Deal Is Approximately Eur 32 Million

* Seller of Properties Is Icor Group.

* INVESTMENT WILL HAVE A POSITIVE IMPACT ON EPS AND TO BE FINANCED WITH COMPANY'S OWN LIQUID FUNDS. Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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