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.