HPP advised Quorum Real Estate Development Fund I LP as it acquired a commercial property located in Pitäjänmäki Helsinki, address 6–8 Konalantie. The seller in the transaction was V+ Nordic -fund which is managed by Valad Europe.
Purchased real estate comprises of three office buildings built in 1980’s. Main tenants of the property are City of Helsinki and Suomen Lähikauppa. In addition there are several other tenants. The debt free purchase price of the property was 6,7 million euros.
HPP’s team was led by partner Jari Tuomala, who was assisted by senior associate Antti Rikala and associate Santeri Syrjälä.