Technopolis Plc has decided on a EUR 25 million investment to expand its CBD campus in Oulu, Finland. Construction work is scheduled to start in July 2018, after receiving a building permit. The project is due for completion in March 2020. The second phase will add another 8,400 m to the campus, bringing the total rentable area to over 19,000 m. The project will also bring an additional parking garage and the total number of parking places to over 400. The initial yield of the project is estimated at 7.2% and the stabilized yield at 8.4%. The new building is on track to achieve a Gold-level LEED (Leadership in Energy and Environmental Design) certificate.