HPP advised a Denmark-based investment fund, European Retail Holding as it sold three shopping center properties located in Hyvinkää, Salo, and Tampere. The buyer in the transaction was a Nordic property investment fund Nordic Real Estate Partners.
The total purchase price is nearly 24 million euros, of which the respective shares of each property are as follows: Hyvinkää property 5,7 million euros, Salo property 10,5 million euros, and Tampere property 7,7 million euros.
HPP’s team was led by partner Jari Tuomala, who was assisted by senior associate Antti Rikala and associate Santeri Syrjälä.
