HPP assisted Aktiivitilat, an investment company specializing in production and warehouse properties, in the acquisition of shares in two property companies from Julius Tallberg-Kiinteistöt Oyj for a total purchase price of about MEUR 9.5.
The targets were Kiinteistö Oy Juvan Teollisuuskatu 15 Espoo that owns a production property in Espoo with 6 tenants and with a lettable area of 5000 about sqm and Kiinteistö Oy Tuusulan Louhostie 2 that owns a modern production and logistics property that has been wholly leased to the environmental technology systems manufacturer Chiller Oy with a lettable area of about 6000 sqm.
HPP advised Aktiivitilat in the preparatory works for the transaction as well as the transaction negotiations.