HGR divests two major development projects to PPI

Recent work|April 30, 2025

Roschier advised HGR Property Partners in the divestment of two major development projects in Helsinki and Espoo to Public Property Invest ASA.

The divestment of the school and kindergarten development project in the historic Uudenmaan Kasarmi block in Kruununhaka, Helsinki was completed on 7 March 2025, and the closing of the second divestment, sale of a life science and business premises development project in Otaniemi, Espoo, took place on 30 April 2025.

The development projects include substantial renovation, reallocation, and expansion of the relevant premises, with an emphasis on sustainability aspects. The projects are scheduled for completion by the end of 2026.

Roschier’s core advisory team comprised Mika Alanko, Martti Ylinen, Mika Ohtonen, Andreas Bussman, Eero Männistö, Lauri Heikkola, Kristina van Nues, Noora Kähkönen, and Milja Stålhand.