Parties:

CapMan Real Estate (buyer), Goldman Sachs Asset Management and Cromwell Property Group (sellers)

Transaction:

The acquisition and financing of an office property portfolio from Goldman Sachs Asset Management and Cromwell Property Group.

Deal Value:

Value not public

Role:

Counsel to CapMan Real Estate.

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 

Slättö Core Plus and PEAB

Transaction 

Hannes Snellman acted as counsel to Slättö in the formation of a joint venture with PEAB regarding investments into residential housing in Finland.

Deal Value 

Value not public

Role

Counsel to Slättö Core Plus

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 

Kingdom of Sweden (Seller), Metria AB (Target), Sikri Holding AS (Buyer)

Transaction 

Counsel to the Kingdom of Sweden in the sale of Metria AB to Sikri Holding AS

Deal Value 

Value not public

Role

Counsel to the Kingdom of Sweden

Parties

eQ Commercial Properties Fund (AIF)

Transaction

eQ Commercial Properties Fund's (AIF) acquisition of an office asset in Pasila, Helsinki from several non-profit organisations

Deal Value

Value not public

Role

Counsel to eQ

Hannes Snellman acts as counsel to Microsoft in Finland.

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 

Areim, Valio Pension Fund

Transaction 

Acquisition of an office property, located in Helsinki at Kaikukatu 3 A, from Valio Pension Fund

Deal Value 

Value not public

Role

Counsel to Areim

Parties 

Oriola Corporation, Euroapotheca, Kronans Apotek and Apoteksgruppen

Transaction 

Counsel to Oriola Corporation in the Formation of a Joint Venture with Euroapotheca combining the Swedish retail pharmacy chains Kronans Apotek and Apoteksgruppen.

Deal Value 

Role

Counsel to Oriola Corporation

Parties

MEAG (Buyer), YIT Oyj (Seller), Logistics property in Turku (Target)

Transaction

MEAG’s acquisition of a logistics property in Turku from YIT Oyj

Deal Value

Value not public

Role

Counsel to MEAG

Parties

LähiTapiola Yhteiskuntakiinteistöt Suomi Ky, Espoo Hospital 

Transaction

Counsel to LähiTapiola Yhteiskuntakiinteistöt Suomi Ky in the acquisition of Espoo Hospital.

Deal Value

EUR 300 million

Role

Counsel to LähiTapiola Yhteiskuntakiinteistöt Suomi Ky

Parties
Lassila & Tikanoja plc (JV shareholder), Neova Oy (JV shareholder), L&T Biowatti Oy (joint venture company)

Transaction
Counsel to Lassila & Tikanoja plc, a service company that is putting the circular economy into practice, in creating a joint venture with Neova Oy consolidating the parties’ energy wood businesses in Finland and Estonia. The joint venture’s turnover is approximately EUR 100 million and it employs approximately 100 employees.

Deal Value
Not disclosed

Role
Legal counsel to L&T plc

Parties 

Aktiivitilat (Buyer), OP-Henkivakuutus Oy (Seller), Two industrial properties (Targets)

Transaction 

OP-Henkivakuutus Oy's sale of two industrial properties located in Kerava and Tampere to Aktiivitilat

Deal Value 

Role

Counsel to OP-Henkivakuutus Oy

Parties 

Elo Mutual Pension Insurance Company (Buyer), Tampereen Asunnot Ky (Seller), Residential portfolio (Target)

Transaction 

Tampereen Asunnot Ky's sale of a residential portfolio located in Tampere to Elo Mutual Pension Insurance Company

Deal Value 

Role

Counsel to Tampereen Asunnot Ky

Parties 

YIT and Sirius Capital Partners

Transaction 

Counsel to YIT in the establishment of a joint venture vehicle with a newly-established affiliate of Sirius Capital Partners investing in build-to-rent residential assets in Finland. In the same connection, YIT agreed to sell 18 build-to-rent residential projects to the joint venture vehicle for a purchase price of EUR 164 million. The portfolio comprises 754 rental apartments, and the majority of the assets are located in the Greater Helsinki region. YIT’s share of the joint venture will be 20%.

Deal Value 

Role

Counsel to YIT

Parties 

PATRIZIA AG

Transaction 

Counsel to PATRIZIA AG in the acquisition of 24-storey T7 residential tower, the fourth tower to be constructed by SRV in the Kalasatama district of Helsinki on top of the REDI Shopping Centre.

Deal Value 

Role

Counsel to PATRIZIA AG

Parties 

Interior Invest Ab

Transaction 

Counsel to Oy Interior Invest Ab in the sale of a modern logistics centre in Tuusula in the Helsinki region

Deal Value 

Role

Counsel to Oy Interior Invest Ab

Parties 

NIAM and ICG

Transaction 

Counsel to NIAM in its disposal of Thermo Fisher’s Finnish headquarter office and R&D facility with over 23,000 sqm of lettable area located in the Helsinki metropolitan area to ICG

Deal Value 

Role

Counsel to NIAM

Parties 

Fazer Group and Trensums Food

Transaction 

Counsel to Fazer Group in its acquisition of Trensums Food

Deal Value 

Role

Counsel to Fazer Group

Parties 

Erikoissijoitusrahasto LähiTapiola Sijoituskiinteistöt (Buyer), OP-Henkivakuutus Oy (Seller)

Transaction 

OP-Henkivakuutus Oy's sale of an industrial property in Tampere to Erikoissijoitusrahasto LähiTapiola Sijoituskiinteistöt.

Deal Value 

Role

Counsel to OP-Henkivakuutus Oy

Parties 

Nivika Fastigheter AB (publ)

Transaction 

Counsel to Nivika Fastigheter AB (publ) on Its IPO and Listing on Nasdaq Stockholm Main List

Deal Value 

Role

Counsel to Nivika Fastigheter AB (publ)

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 

Altaal (Buyer), NIAM (Seller), CGI HQ (Target)

Transaction 

NIAM's disposal of CGI HQ located in the Helsinki metropolitan area.

Deal Value 

Role

Counsel to NIAM

Parties 

LähiTapiola Kiinteistövarainhoito Oy, Tapiola Yhteismetsä

Transaction 

LähiTapiola Kiinteistövarainhoito Oy's establishment of the jointly owned forest Tapiola Yhteismetsä and the related service concept, which provides forest owners an opportunity to attach forest areas to the jointly owned forest, thereby receiving the benefits of professional, sustainable, and long-term forestry services as stakeholders of Tapiola Yhteismetsä.

Deal Value 

Role

Counsel to LähiTapiola Kiinteistövarainhoito Oy

Parties 

Areim (Buyer), Assai Commercial Oy (Seller), Office and retail property (Target)

Transaction 

Areim's acquisition of an office and retail property, located in Helsinki at Hämeentie 31

Deal Value 

Role

Counsel to Areim

Parties 

Wikström Family, Granitor, Mohammed Al Amoudi, Midroc Europe

Transaction 

Counsel to the Wikström Family when Midroc Becomes Granitor

Deal Value 

Value not public

Role

Counsel to the Wikström Family

Parties 

eQ Commercial Properties Fund (AIF), Lehto Group, Kivistö local center

Transaction 

eQ Commercial Properties Fund's (AIF) acquisition of the Kivistö local center to be constructed by Lehto Group in the Vantaa Kivistö area

Deal Value 

Value not public

Role

Counsel to eQ Commercial Properties Fund (AIF)

Parties 

Gores Guggenheim, Inc., Polestar

Transaction 

Counsel to Gores Guggenheim, Inc., a special purpose acquisition company (SPAC) formed by the affiliates of The Gores Group and Guggenheim Capital, LLC, in its proposed business combination with the global electric performance car company Polestar.

Deal Value 

Role

Counsel to Gores Guggenheim, Inc.

Parties 

YIT Corporation, BTA Baltic Insurance Company AAS

Transaction 

YIT’s establishment of a co-investment vehicle investing in rental apartments located in the Baltic countries.

Deal Value 

Up to EUR 120 million

Role

Counsel to YIT Corporation

Parties 

LähiTapiola Yhteiskuntakiinteistöt Suomi Ky

Transaction 

The acquisition of two properties providing community services in Oulu, Finland. 

Deal Value 

Value not public

Role

Counsel to LähiTapiola

Parties 

Svensk Plaståtervinning i Motala AB

Transaction 

Counsel to Svensk Plaståtervinning i Motala AB in its acquisition and development of an industrial property

Deal Value 

Total investment approximately SEK 1 billion

Role

Counsel to Svensk Plaståtervinning i Motala AB

Parties 

NREP Income+ Fund

Transaction 

Counsel to NREP in its acquisition of Leipätehdas office property

Deal Value 

Value not public

Role

Counsel to NREP

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 

Holmström Fastigheter AB, Areim AB, Magnolia Bostad AB

Transaction 

Counsel to consortium of F. Holmström Fastigheter AB and Areim AB on its public offer for Magnolia Bostad AB

Deal Value 

The offer values Magnolia Bostad at approximately SEK 2,9 billion

Role

Counsel to consortium of F. Holmström Fastigheter AB and Areim AB

Parties 

SRV, DWS

Transaction 

Counsel to SRV on the sale and construction of three residential assets to one of DWS’s institutional real estate funds.

Deal Value 

EUR 82 million

Role

Counsel to SRV

Parties 

Castellum, Nyfosa

Transaction 

Counsel to Castellum in its approximately EUR 200 million office property portfolio disposal to Nyfosa.

Deal Value 

EUR 200 million

Role

Counsel to Castellum

Parties 

Taaleri Private Equity Funds Ltd, Taaleri Asuntorahasto VI Ky, PATRIZIA AG

Transaction 

Counsel to Taaleri Private Equity Funds Ltd in an approximately EUR 145 million disposal of the housing fund Taaleri Asuntorahasto VI Ky, which is a residential portfolio comprising 461 apartments in the Helsinki Metropolitan Area, to a fund managed by PATRIZIA AG.

Deal Value 

EUR 145 million

Role

Counsel to Taaleri Private Equity Funds Ltd

Parties 

Quadoro Investment GmbH, EKE-Construction Ltd.

Transaction 

Counsel to a fund managed by Quadoro Investment GmbH in an acquisition of an office property located in Espoo with a lettable area of approximately 4,200 square metres from the constructor EKE-Construction Ltd.

Deal Value 

Value not public

Role

Counsel to Quadoro Investment GmbH

Parties 

Quadoro Investment GmbH, YIT Construction Ltd.

Transaction 

Counsel to a fund managed by Quadoro Investment GmbH in an acquisition of a MEUR 32 office property located in Järvenpää with a lettable area of approximately 6,500 square metres from YIT Construction Ltd

Deal Value 

EUR 32 million

Role

Counsel to Quadoro Investment GmbH

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

Hannes Snellman acted as counsel to the seller in the divestment of two properties in the Stockholm region to Stenhus Fastigheter i Norden AB (publ). The properties are strategically located along the E4, have a lettable area of approximately 10,000 m², and are fully let to the car retailer Bilia AB on long term leases.

Hannes Snellman’s team consisted of Mikael Stabo and Andreas Wingren.

Parties 

SEB Private Equity

Transaction 

SEB Private Equity in its investment in and partnership with Eatery

Deal Value 

Value not public

Role

Counsel to SEB Private Equity

Counsel to W.P. Carey in their disposal of a logistic property in Kotka harbour. 

Parties 

Barings, NRP

Transaction 

Hannes Snellman acted as counsel to Barings in its EUR 86 million acquisition of a logistics property from NRP. The asset, located in the Helsinki region, comprises a logistics facility with a GLA of approximately 40,000m² and 170,000m² of outdoor dispatching and storage space.

Deal Value 

EUR 86 million

Role

Counsel to Barings

Parties 

YIT Oyj, OX2

Transaction 

YIT Oyj's disposal of Finland’s largest wind power development project to OX2. The project consists of 72 wind turbine construction locations with the required permits, enabling a total capacity of approximately 400 MW, and the construction of a new 400-kV transmission line.

Value

Value not public

Role 

Counsel to YIT Oyj

Parties 

YIT Oyj, Ålandsbanken Wind Power Fund  

Transaction 

YIT Oyj's wind power development project with Ålandsbanken Wind Power Fund, where YIT agreed to sell the project, deliver the balance of plant construction works and manage the construction of the wind farm until commencement of the operation. The aggregate maximum production capacity of the project is 90 MW.

Value

Value not public

Role 

Counsel to YIT Oyj

Parties 

Tornator Oyj, OX2

Transaction 

Tornator Oyj's disposal of a wind development project portfolio to OX2. The portfolio comprises development phase wind parks with an aggregate maximum production capacity of 600 MW, representing approximately MEUR 600 investments when in operation

Value

EUR 600 million

Role 

Counsel to Tornator Oyj

Parties 

NP3 Fastigheter AB, AB Sagax

Transaction 

NP3 Fastigheter AB on its joint venture with AB Sagax

Value

Value not public

Role 

Counsel NP3 Fastigheter AB

Parties

Telia Company (Seller), Polhem Infra (Buyer), Telia Carrier (Target)

Transaction

Telia Company’s divestment of Telia Carrier to Polhem Infra

Deal Value

SEK 9,450 million

Role

Finnish counsel to Telia Company

Counsel to Fastighets AB Balder in their acquisition of a portfolio of car retail properties.

Parties 

TrønderEnergi AS, Scandinavian Biogas

Transaction

The Norwegian energy company TrønderEnergi has become the largest shareholder in Scandinavian Biogas, a leading producer of biogas in the Nordics.

Deal value 

Value not public 

Role

Swedsih counsel to TrønderEnergi AS

Parties

Castellum (Buyer), Lindström Invest (Target)

Counsel to Areim in the disposal of an office property (Martintalo). The office property, which was built in 1992, is located in Vantaa in the Greater Helsinki area, and it comprises 14,000 square meters of office space.

Parties 

Riflex, Genova Property Group

Transaction 

 Counsel to Riflex in its divestment of the properties Gredelby 7:89 and Särsta 3: 398 located in Knivsta to Genova Property Group

Deal Value 

Value not public 

Role 

Counsel to Riflex

Parties

A fund managed by Quadoro Investment GmbH

Transaction

Acquisition of Hermia 5 and Hermia 6 office properties located in the Hermia Science Park in Tampere with a lettable area of approximately 30,000 square metres

Deal value

Value not public

Hannes role

Counsel to a fund managed by Quadoro Investment GmbH

Hannes team

Tapio Teräkivi, Heikki Vesikansa, Markus Bremer, Marjaana Martikainen, Jenni Parviainen, Piia Ahonen, Meeri Karlsson, Ella Rinne, Panu Vikberg, Linda Launonen, and Viivi Rousku.

Parties

YIT Corporation, OP-Rental Yield

Transaction

YIT and OP-Rental Yield entered into an agreement to establish a joint venture company for housing investments

Deal value

EUR 130 million

Role

Counsel to YIT Corporation

Parties 

DWS (buyer), Regenero (Seller)

Transaction

DWS's acquisition of the Accountor Tower, a 24,000 sq. m. office development in Keilaniemi, Espoo, from YIT and HGR Property Partners’ joint venture Regenero

Deal Value

Value not public

Role

Counsel to DWS

Parties

Special investment fund Trevian Finland Properties I, Renor Oy

Transaction

Special investment fund Trevian Finland Properties I has entered into an agreement with Renor Oy whereby Trevian became the majority owner of a 31,000 sqm office property located in Lahti.

Deal Value

Value not public

Role

Counsel to Trevian Finland Properties I

Parties

Parties

NCC, Varma Pension Insurance Company

Transaction

NCC agreed to divest an office project in Espoo to Varma Pension Insurance Company

Deal Value

Approx. EUR 80 million

Role

Counsel to NCC

Parties

Parties

DWS (Buyer), Lehto Group plc. (Seller)

Transaction

Acquisition of a residential portfolio comprising 542 apartments from Lehto Group plc.

Deal Value

Value not public

Role

Counsel to DWS

Parties

Schroder Nordic Real Estate Fund (Buyer), Genesta (Seller)

Transaction

Schroder Nordic Real Estate Fund's financing and acquisition of 11,230m² office building in Helsinki from Genesta, acting on behalf of Genesta Nordic Real Estate Fund II (GNRE Fund II)

Deal Value

Value not public

Role

Counsel to Schroder Nordic Real Estate Fund

Parties

Patrizia Immobilien AG (Seller), Special Investment Fund eQ Finnish Real Estate (Buyer)

Transaction

Patrizia Immobilien AG's divestment of an office building in Helsinki to Special Investment Fund eQ Finnish Real Estate

Deal Value

EUR 41 million

Role

Counsel to Patrizia Immobilien AG

Counsel to BNP Paribas Real Estate Investment Management Germany GmbH in their sale of a property in Hamina harbour.

Counsel to Redito AB in their acquisition of a retail property portfolio in Central Finland.

Parties

Wereldhave N.V. (Seller), Morgan Stanley Real Estate Investing (MSREI) (Buyer)

Transaction

Wereldhave's divestment of the Itis shopping centre to a fund advised by Morgan Stanley Real Estate Investing (MSREI)

Deal Value

Approx. EUR 520 million

Role

Counsel to Wereldhave N.V.

Parties

Deutsche Asset & Wealth Management

Transaction

Deutsche Asset & Wealth Management's acquisition of a prime logistics facility in Aviapolis. The acquired complex comprises 42,000 square meters spread across an extensive distribution warehouse, cross-dock facility and stand-alone office complex.

Deal Value

Value not public

Role

Counsel to Deutsche Asset & Wealth Management

Parties

Skandia Fastigheter AB (Seller), Castellum AB (Buyer)

Transaction

Skandia Fastigheter AB's divestment of a 14,400 sqm of office property in Helsinki to Castellum AB

Deal Value

Value not public

Role

Counsel to Skandia Fastigheter AB

Parties

IVG Polar Oy (Seller), Goldman Sachs and Cromwell Property Group (Buyers)

Transaction

IVG Polar Oy's divestment of an office portfolio with a lettable space of 132,000m² to Goldman Sachs and Cromwell Property Group

Deal Value

EUR 108.5 million

Role

Counsel to IVG Polar Oy

Parties

Kojamo plc (Seller), a fund managed by Morgan Stanley Real Estate Investing (Buyer)

Transaction

Kojamo plc's disposal of 1,594 non-restricted rental apartments to a fund managed by Morgan Stanley Real Estate Investing

Deal Value

EUR 97 million

Role

Counsel to Kojamo plc

Parties

A fund managed by J.P. Morgan Asset Management (Seller), a fund managed by Genesta (Buyer)

Transaction

J.P. Morgan Asset Management's disposal of a 66,680 sqm logistics property in Espoo to a fund managed by Genesta

Deal Value

Value not public

Role

Counsel to J.P. Morgan

Parties

TRIUVA Kapitalverwaltungsgesellschaft (Buyer), a group of private Finnish investors (Seller)

Transaction

TRIUVA Kapitalverwaltungsgesellschaft, acting on behalf of an institutional investor, acquired a core mixed use building on Kanavaranta 3-7

Deal Value

Value not public

Role

Counsel to TRIUVA

Parties

Deutsche Asset & Wealth Management (Buyer), Exilion Capital Oy (Seller)

Transaction

The acquisition of a landmark headquarter property and a parking facility located in Keilaniemi, Espoo by a fund managed by Deutsche Asset & Wealth Management from a fund managed by Exilion Capital Oy

Deal Value

Approx. EUR 164 million

Role