HPP acted as the legal advisor of Elite Alfred Berg real estate development fund Elite Finland Value Added Fund II Ky in a property transaction in which it acquired a commercial property located at Kuitinmäentie 27, Friisilä, Espoo. Before the transaction the seller Trevian Retail Fund I leased the property in its entirety to Secto Automotive Oy.
The fund is a part of EAB group which manages for its customers assets worth over 3 billion euros. The parent company of the group EAB Group Oyj is listed on the Nasdaq Helsinki stock exchange.
HPP acted as the legal advisor of the buyer in the transaction.