HPP advised Altaal AB and Avant Capital Partners Oy on the acquisition of an office property located in Aviapolis, Vantaa

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Real estate investment company Colony Finland Oy, founded by Altaal AB and co-managed by Avant Capital Partners Oy, has acquired the entire share capital of Kiinteistö Oy Vantaan Tietotie 9 located in Aviapolis, Vantaa from Antilooppi Ky through a share sale and purchase agreement signed on 4 October 2022.

The transaction of the office property located approx. 500 meters from the airport terminal with excellent road and rail access is part of the purchaser’s brown-to-green business strategy. Tietotie 9 is located in a fast-growing area near Helsinki-Vantaa Airport and Aviapolis train station, and a light railway station is planned to be built adjacent to its entrance by 2028. The office property with an EPC grade A and a LEED Platinum environmental certificate has ground-sourced an on-site production of heating and electricity, heat recovery ventilation as well as over 200 newly installed rooftop solar panels. In addition, the office property includes a leasable area of approximately 19,000 square metres and approximately 1,300 parking places. The largest tenants of the office property include airline company Finnair and car sales company Veho.

HPP acted as the legal advisor to the purchaser in the project.

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