Hyperco’s €35 Million Acquisition of a Data Center Property in Helsinki

Krogerus advised Hyperco on the deal.

Hyperco, a Finland-based real estate investment firm focused on acquiring and developing data centers, has acquired a data center property located in the Helsinki Metropolitan Area from a Finnish family office, at a total transaction value of over EUR 35 million.

The property, located next to a power plant, totals 16 900 square metres of leasable area let to data center company Equinix and technology company Thales, and has significant extension potential. Hyperco is the first player in its field in Finland and this acquisition marks their first completed transaction.

The Krogerus team was led by Partner Pyry Somervuori (Picture) and he was assisted by Senior Associate Joonas Parkkinen and Associate Morris Nygrén. Partner Päivi Toivari led the advice on financing matters and she was assisted by Senior Associate Jenna Kiiskinen and Associate Valtteri Ylä-Rautio.

Involved fees earner: Jenna Kiiskinen – Krogerus Attorneys Ltd; Morris Nygrén – Krogerus Attorneys Ltd; Joonas Parkkinen – Krogerus Attorneys Ltd; Pyry Somervuori – Krogerus Attorneys Ltd; Päivi Toivari – Krogerus Attorneys Ltd; Valtteri Ylä-Rautio – Krogerus Attorneys Ltd;

Law Firms: Krogerus Attorneys Ltd;

Clients: Hyperco Oy;

Federica Tiefenthaler

Author: Federica Tiefenthaler