HPP acted as Helsinki University Properties’ legal advisor in the sale of a property in the Helsinki city centre


HPP acted as Helsinki University Properties Ltd’s legal advisor in the divestment of a university occupied property located in the Kruunuhaka district of Helsinki city centre. The investment volume is approximately EUR 16 million and the buyer is Hemsö.

Helsinki University Properties Ltd has sold a university property located at Siltavuorenpenger 10 in Helsinki city centre to Hemsö. The University of Helsinki will lease the property until 2024.

The building designed by Einari Teräsvirta was completed in 1961. It was originally used for teaching and research in medical chemistry. The building was fully renovated in the early 2000s, and its interiors were fully modernised. Currently, the building comprises teaching premises for the Faculty of Educational Sciences for students of University of Helsinki. The building is a part of the city centre campus of the University of Helsinki and nationally significant built cultural environments.

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