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ESPG Secures Financial Foundation and Trusts in Portfolio Growth
European Science Park Group (ESPG) announces a strategic push into 2025, emphasizing the expansion of its science park portfolio. With a newly strengthened financial baseline, courtesy of a EUR 12.8 million investment, ESPG looks to capitalize on restructuring gains and improve operational performance. This development elevates ESPG’s reported equity to EUR 83.7 million.
In Ulm, ESPG prepares to re-let the "Science City" after Nokia's lease termination, highlighting ongoing tenant turnover as a strategic priority. The company is engaging potential tenants, aiming to maintain the park’s appeal and long-term stability. Recent agreements with Nichia and Meknes GmbH underline robust demand for specialized spaces.
ESPG’s board members underscore the company's initiative to leverage solid finances for targeted enhancements. This year, ESPG’s mission remains centered on supporting tech-driven enterprises and research activities, with a commitment to building sustainable tenant relations.
R. H.
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