HPP advised WasaGroup on the sale of the main rescue station of Kuopio

Neulamäki

Real estate development company WasaGroup Ltd has sold a new main rescue station currently under construction in Neulamäki, Kuopio to Nordisk Renting Oy through a sale and purchase agreement signed on 31 January 2023.

The main rescue station, which is strategically located next to the national road 5 and near e.g. Savilahti campus area and Kuopio University Hospital, will house premises for i.a. services for prevention of accidents and emergency preparedness, 24/7 operational rescue operations and emergency healthcare services as well as Fire Museum. The City of Kuopio has signed a preliminary agreement on the lease of the rescue station transferred to North Savo Wellbeing Services County which started its operations on 1 January 2023. The rescue station will be completed for use at the end of this year, and its inauguration is intended to be held in March 2024. The sale is part of the business strategy of WasaGroup to execute real estate development projects for different investor partners in e.g. societal real estate market.

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

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