Hannes Snellman Counsel to YIT Corporation in its Disposal of Tripla Hotel

Hannes Snellman acted as counsel to YIT Corporation in its disposal of Tripla hotel with an aggregate value of approx. EUR 88 million. The hotel will be operated by Sokotel Oy, and the investor will be a new limited partnership managed by Exilion Management Oy with Elo Mutual Pension Insurance Company, Veritas Pension Insurance Company and the State Pension Fund of Finland (VER) as owners.

Tripla hotel forms a part of YIT’s Tripla project that also encompasses shopping mall, parking hall, office facilities and apartments, as well as the Pasila station and the adjacent public transport terminal.

Our core team in Helsinki comprises Tapio Teräkivi, Tuuli Pikkarainen and Antti Antikainen.