Technopolis divests its majority share of Technopolis Ülemiste campus in Tallinn, Estonia

We are pleased to announce that Technopolis has signed an agreement to sell its majority share of the Technopolis Ülemiste campus in Tallinn, Estonia, to Mainor Ülemiste AS.

The gross leasable area of the campus is approximately 93,000 square metres. Once the transaction has been completed, the Technopolis Estonia business operations will be fully owned by Mainor Ülemiste AS.

The Technopolis Ülemiste campus in Tallinn consists of 17 different office buildings and is located in Ülemiste City. Technopolis acquired the majority share of Ülemiste campus in 2010, and there are more than 190 customers on campus today.

“Technopolis Ülemiste was our first international acquisition, and it has been rewarding to develop the campus over the years, significantly enhancing our ability to meet the expectations of all our customers. After carefully assessing our portfolio, we have concluded that this strategic divestment is consistent with our long-term business strategy and planning,” says Niko Pulli, CEO of Technopolis.

For more information, please contact:
Joonas Mäkipeska
Chief Financial and Strategy Officer
+358 50 577 4054

Technopolis is a leading modern workspace expert. We provide efficient and flexible offices, and a world-class customer experience that combines holistic office solutions with a shared service platform. Our services range from workspace design to reception, meeting, restaurant, and cleaning solutions. Our 16 campuses host 1,500 companies and 48,000 employees in six countries within Europe.