HPP assists Etera in a development project of a shopping center in Turku


We are currently advising Mutual Pension Insurance Company Etera (one of the largest insurance companies in Finland) in a development project in which Etera will acquire from a construction company Hartela Oy, a retail site which Hartela will construct as an extension to Shopping Center Skanssi in Turku. XXL Sports & Outdoor Oy will be a main tenant of the site. The objective is to open the XXL store in spring 2015.

Our advice has covered, amongst others, corporate, tax and real estate matters and legal due diligence reviews as well as drafting and negotiating acquisition, lease and construction agreements.

Responsible partner Jari Tuomala, other team members; Senior Associate Antti Rikala, Senior Advisor Jouko Kiesi and Associate Pauliina Lievonen.

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