HPP assisted Serena Properties AB, managed by Redito AB, in the acquisition of a commercial property portfolio

Affiliates of Serena Properties AB, managed by Redito AB, acquired a portfolio consisting of four commercial properties located in Vaasa from WGF Real Estate Development Funds, and a business office from WasaGroup Oy. The properties consist of over 32.000 sqm of lettable space mainly leased with long-term leases. The tenants include sporting goods retailer XXL and electronics retailer Power.

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