Analyst Research

Report Title Price
Provider: Reuters Investment Profile
$20.00
Provider: Thomson Reuters StreetEvents
$75.00
Provider: Thomson Reuters StreetEvents
$75.00
Provider: Thomson Reuters StreetEvents
$75.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Technopolis Oyj's Joint Venture Gets NOK 1.2 Billion Loan for Acquisition-Reuters


Friday, 11 Oct 2013 08:22am EDT 

Reuters reported that a joint venture of Finnish real estate company Technopolis Oyj and Norwegian company IT Fornebu Properties (ITFP) has agreed an around NOK 1.17 billion syndicated loan (USD 195 million) to back its acquisition of the Fornebu campus near Oslo. The financing will be provided by SEB, Nordea and Swedbank, Technopolis said in a statement. The loan will cover around 65% of the NOK 1.8 billion acquisition with the joint venture partners providing around NOK 630 million in equity. The joint venture will be 70% owned by Technopolis and 30% by ITFP. The Fornebu campus comprises two new buildings and one fully refurbished property, all of which are served by a 1,200 space underground car park. The campus has a total rentable area of 70,500 square meters and the financial occupancy rate is 90%. 

Company Quote

4.33
-0.01 -0.23%
6:23am EST