HPP advises the subsidiary of property investment company Trophi Fastighets AB (publ) in a property development project whereby it shall acquire land areas from Osuuskauppa Keskimaa and the municipality of Muurame. A new city plan pertaining to the purchased area will be developed enabling locating a retail building thereon. Once the new city plan has gained legal validity, a new retail building with a total area of approximately 2,700 – 3,500 sqm shall be built on the new plot. The retail building shall be leased to Osuuskauppa Keskimaa with a long-term lease agreement.
HPP acts as the legal advisor to the purchaser in the project.