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

BRIEF-Technopolis acquires office property in Vilnius

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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