Waselius advised Public Property Investment ASA on its acquisition of an elementary school project in central Helsinki from HGR Property Partners Oy. The project is fully pre-let to the City of Helsinki and a private school, with an average unexpired lease term of 22 years. It is expected to be completed by the end of 2026. The total investment cost is approximately EUR 27.5 million.
Public Property Investment ASA is a publicly listed Norwegian property company specializing in the ownership, operation, and development of social infrastructure properties.
HGR Property Partners is a Finnish real estate investment and development company, which owns a portfolio of real estate in collaboration with various partners.