Fortum Power and Heat Oy sold an office property to a fund operated by Elite Alfred Berg

Fortum Power and Heat Oy sold an office property to a fund operated by Elite Alfred Berg – Newsec acted as the advisor of the Seller in the sales process

4.7.2019

The object of the sale was the office property located at Piispanportti 10 in Espoo. The property is on a visible location by Länsiväylä motorway and Shopping centre Iso Omena. The leasable area of the building is approximately 10,000 sqm. The property was bought by Elite Finland Value Added Fund II Ky.

Newsec acted as the commercial advisor for the seller, Castrén & Snellman acted as the juridical advisor. Mrec and HPP Attorneys acted as the advisors of the buyer.

Additional information:

Esa Pentikäinen
Vice Head of Commercial Brokerage, Partner, Newsec
Tel. +358 50 300 6567
esa.pentikainen@newsec.fi

Ville Halonen
Vice President, Corporate Procurement and Real Estate, Fortum
Tel. +358 40 832 4489
ville.halonen@fortum.com

Jaakko Ristola
Head of Real Estate Investment Management, Elite Alfred Berg
Tel. +358 40 820 1422
jaakko.ristola@eabgroup.fi