Mikael Wood

Acted as counsel to the sellers in the sale of a logistics portfolio consisting of assets in Finland spanning 134,000 square metres of leased space. The portfolio is wholly let to Posti Group, the main Finnish postal service and a third-party logistics services provider. The transaction has been cited as the largest real estate transaction executed in Finland in the year 2023.

Parties

CapMan Social Real Estate Fund (Buyer)

Transaction

CapMan Social Real Estate Fund's acquisition of a portfolio of three assets in the centrally located Helsinki Hietalahti area. Two of the buildings house the French Jules Verne  kindergarten and school and one, once refurbished, will house daycare facilities operated by the City of Helsinki. 

Deal Value

Value not public

Role

Counsel to CapMan Social Real Estate Fund

Parties:

Masco Corporation (Buyer), Nordic Mezzanine and other Sauna360 Group Oy’s shareholders (Sellers), Sauna360 Group Oy (Target)

Transaction:

Acquisition of Sauna360 Group Oy

Deal value:

Value not public

Role:

Finnish and Swedish Counsel to Masco Corporation

Parties 

LähiTapiola Yhteiskuntakiinteistöt Suomi Ky (buyer), the Kirkkonummi Health and Social Services Centre (target), the Municipality of Kirkkonummi (seller)

Transaction 

Counsel to LähiTapiola Yhteiskuntakiinteistöt Suomi Ky in the acquisition and financing of the Kirkkonummi Health and Social Services Centre from the Municipality of Kirkkonummi.

Deal value 

EUR 63.5 million

Role 

Counsel to LähiTapiola Yhteiskuntakiinteistöt Suomi Ky

Parties

Orange Capital Partners (Buyer), Starwood Capital Group and Avara Oy (Sellers)

Transaction

Hannes Snellman acted as counsel to Orange Capital Partners in the acquisition of a residential portfolio of 2,200 apartments located across 16 cities from Starwood Capital Group and Avara Oy

Deal Value

Value not public

Role

Counsel to Orange Capital Partners

Parties

LähiTapiola Yhteiskuntakiinteistöt (Buyer), Lahti Health and Social Services Centre (Target)

Transaction

LähiTapiola Yhteiskuntakiinteistöt acquired the Lahti Health and Social Services Centre

Deal Value

Approx. EUR 100 million

Role

Counsel to LähiTapiola Yhteiskuntakiinteistöt

Parties 

NREP (Buyer), a fund managed by Genesta (Seller)

Transaction 

Hannes Snellman acted as counsel to NREP in the acquisition of the historic office property Bulevardi 21, located in Central Helsinki, from a fund managed by Genesta.

Deal Value 

Value not public

Role

Counsel to NREP

Parties 

KanAm Grund Kapitalverwaltungsgesellschaft mbH, LEADING CITIES INVEST, Genesta

Transaction 

KanAm Grund Kapitalverwaltungsgesellschaft mbH acting on behalf and on the account of the LEADING CITIES INVEST in the acquisition of an office property located centrally in Helsinki at Fabianinkatu 9.

Deal Value 

Value not public

Role

Counsel to KanAm Grund Kapitalverwaltungsgesellschaft mbH

Parties

Orange Capital Partners and another global investor (Buyers), Morgan Stanley (Seller)

Transaction

Orange Capital Partners' and another global investor's acquisition of a residential portfolio with 37 assets and 1,900 apartments from Morgan Stanley

Deal Value

Value not public

Role

Counsel to Orange Capital Partners and another global investor

Parties 

Nyfosa Finland AB

Transaction 

Nyfosa Finland AB acquired properties in the Finnish regional cities of Jyväskylä, Lappeenranta and Kuopio.

Deal Value 

Role

Counsel to Nyfosa Finland AB

Parties 

Nyfosa Finland AB

Transaction 

Counsel to Nyfosa in acquisition of six properties in the Finnish cities of Hyvinkää, Oulu and Tampere. 

Deal Value 

Value not public

Role

Counsel to Nyfosa Finland AB

Parties

Castellum, Kielo, Blackstone Tactical Opportunities, Brunswick Real Estate.

Transaction

Hannes Snellman acted as counsel to Castellum in its acquisition of property company Kielo from Blackstone Tactical Opportunities and Brunswick Real Estate.

Deal Value

EUR 640 million

Role

Counsel to Castellum