HPP assisted Elite Alfred Berg real estate development fund Elite Finland Value Added Fund III Ky in the acquisition of a real estate portfolio from Seafarers’ Pension Fund.
The portfolio consists of the shares in five real estate companies as well as three partly-owned real estate companies. The companies own and manage commercial properties in the Helsinki metropolitan area and in Järvenpää. The properties have a combined lettable space of over 21.000 sqm.
HPP acted as the legal advisor to the buyer in the transaction.