A residential company named As Oy Grand Horizon Helsinki owned by Finnish real estate investors acquired a historical residential property located in Helsinki at address Merikatu 5. The seller of the palatial property was Finnish Red Cross and the purchase price of the property was EUR 24,400,000.
The property is located in a prestigious area named Ullanlinna and its apartments feature an unobstructed seaview overlooking the park. HPP acted as the buyer’s advisor in the transaction. The same group of investors has just recently completed an extensive high end residential property development project (named Grand Residence 21) at address Korkeavuorenkatu 21, Helsinki in which HPP has also acted as the legal advisor.