HPP assisted Elite Alfred Berg in the acquisition of a real estate portfolio

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HPP assisted Elite Alfred Berg real estate development fund Elite Finland Value Added Fund III Ky in the acquisition of a real estate portfolio from Seafarers’ Pension Fund.

The portfolio consists of the shares in five real estate companies as well as three partly-owned real estate companies. The companies own and manage commercial properties in the Helsinki metropolitan area and in Järvenpää. The properties have a combined lettable space of over 21.000 sqm.

HPP acted as the legal advisor to the buyer in the transaction.

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