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HPP assisted Elite Alfred Berg Vuokratuotto Erikoissijoitusrahasto in acquiring a logistics property in Vantaa

Investment fund Elite Alfred Berg Vuokratuotto Erikoissijoitusrahasto, which invests in leased apartments and industrial properties, made its first investment in logistics property in September. The fund acquired a property located at Kiitoradantie 1 from Tiiviste-Group Oy which is part of Etola Group. The main user of the property is 3 Step IT.

Elite Alfred Berg Vuokratuotto Erikoissijoitusrahasto was launched in 2016 and its property portfolio has a value of EUR 125M.

HPP acted as the legal advisor of the buyer in the property transaction.