HPP assisted Elite Finland Value Added Fund II Ky in an acquisition of the shares of five real estate companies from a real estate development fund managed by WasaGroup for a purchase price of approximately MEUR 20.
The real estate companies own newly constructed properties in Espoo, Kuopio, Vääksy, Porvoo and Järvenpää. The properties are leased with long term agreements to K-Caara, Ahlsell, Tokmanni, Puuilo and Autoklinikka.
HPP acted as the legal advisor of the buyer in the transaction.
