HPP assisted Aktiivitilat in a real estate transaction

HPP assisted Aktiivitilat, an investment company specializing in production and warehouse properties, in the acquisition of the property from Nordic Label.

The deal is for a property of 6.292 square meters located at Sirrikuja 2. Nordic Label leases the property itself with a long lease contract. In addition to the deal, the parties agree on major repairs that improve the condition of the property and ensure its functionality.

The purpose of the deal was to develop the vendor’s activities by investing in the estate the company needs. The repairs are aimed at improving the energy efficiency of the property and increasing savings in maintenance costs. HPP advised the client in the planning and other preparatory works for the transaction as well as the transaction negotiations.

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