HPP assisted Elite Alfred Berg fund in a real estate transaction


Elite Alfred Berg real estate fund has signed an agreement regarding the acquisition of the Phase A business and office premises of Kuopion Portti from Rakennusliike Lapti Oy, which is a member of Lapti Group. A total of 3,484 m2 of business and office premises will be transferred to the ownership of Elite Alfred Berg Vuokratuotto Erikoissijoitusrahasto. The Phase A of Kuopion Portti will be completed in the beginning of 2020.

Kuopion Portti is a versatile complex consisting of apartments, service accommodation, business and office premises, a parking facility and a waiting area for passengers. During 2020-2023, the complex will be built in phases next to the Kuopio railway station and the bus station.

HPP was responsible for both drafting the purchase agreement and other agreements as well as giving legal advice during the acquisition process. The purchase agreement was signed on 21 March 2019.

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