HPP advised Senaatti-kiinteistöt in a transaction wherein the City of Helsinki sold the land of the real estate located in the Helsinki Kaisaniemi region at the address Vuorikatu 24 and the Republic of Finland sold the building on the real estate to a construction company for a total purchase price of approximately MEUR 13.5.
The property has previously been used as the headquarters of the Finnish Meteorological Institute and there plans for building a hotel on the property in accordance with the new city plan.
HPP acted as the legal adviser to Senaatti-kiinteistöt in the transaction.
