HPP advised AKR Tuotto Lp managed by Auratum Real Estate Ltd in the sale of the shares in a limited liability housing company to Aktia Asunnot+, an investment fund under Taaleri’s management.
The former office building located at Yliopistonkatu 34, Turku will be converted into 126 rental apartments. The building has a lettable space of approximately 3.200 sqm. The renovation will be completed during late summer 2022, after which the ownership will be transferred to Aktia Asunnot+.
HPP acted as the legal advisor to the seller in the transaction.