Press Releases

Technopolis will invest a total of EUR 51.9 million in organic expansion in its existing Ozas Campus in Vilnius, Lithuania. A new building will add another 26,700 m2 to the campus, bringing the total rentable area to just over 100,000 m2 upon completion of the project. Construction is scheduled to start in December 2018 and to be completed in the fourth quarter of 2020. The initial yield is estimated at 7.1% and the stabilized yield at 8.4%. The pre-let rate of the new building is 47.0%. The anchor …