The Legal 500


Finland > Real estate and construction


Index of tables

  1. Real estate and construction
  2. Leading individuals
  3. Leading individuals: environment

Leading individuals

  1. 1

Leading individuals: environment

  1. 1

Castrén & Snellman has a strong environmental practice, and has been active across commercial contracts, cross-border real estate transactions and high-value construction projects. It advises Nord Stream on its Baltic Sea pipeline projects; and is acting for Inex Partners, part of the S Group, on a project to build one of the world’s largest convenience goods logistics centres. Matias Wallgren heads the team and ‘enthusiastic’ associate Arimo Leppä is highly recommended. Tapio Teräkivi joined Hannes Snellman.

Krogerus’ core team of four partners is led by department co-heads Juha Wessman and ‘strong negotiator’ Samuli Palin, and has a focus on transactional matters. It assisted Niam Nordic V with the acquisition of two office properties in Helsinki, and advised Citycon and NCC on a joint venture regarding the €175m extension of Omena Shopping Centre. The team also handles disputes, lease agreements and environmental matters.

Roschier acts across real estate acquisitions, property development, fund structuring and finance. It assisted Technopolis with the acquisition of a multi-building office complex from Nokia, and advised Trevian Asset Management on establishing real estate fund Trevian Care I and acquiring a €100m core property portfolio. Team head Mika Alanko handles real estate, environmental law, private M&A and private equity matters.

Avance Attorneys is recognised for its ‘broad-based industry insight’, and has ‘a significant market share in the real estate field’. Christoffer Charpentier and the team focus on large-scale transactions and financing, and recently assisted Sveafastigheter and its local asset management partners on the divestment of several properties. Mathias Lindqvist advised new client Sagax on a €27.3m acquisition.

Attorneys at law Borenius Ltd’s new head of development and construction Saara Paronen joined from Project Law Oy in January 2013. Christian Fogelholm handles transactions, and Casper Herler focuses on environmental matters. The firm advised a Finnish real estate investor in relation to a shopping centre project in St Petersburg involving transactional and construction aspects; and advised Ruokakesko and HOK on a shopping mall development, including zoning and planning issues.

Dittmar & Indrenius has been active in transactions for multinational companies, and advises McDonald’s on domestic lease and purchase matters. It also advised Germany’s HANSAINVEST on the €56.5m acquisition of the Triotto Business Park from YIT Construction, and represented real estate company NREP in court proceedings concerning the acquisition of real estate in Lappeenranta. Antti Aaltonen and Raija-Leena Ojanen are the key contacts.

Hannes Snellman was involved in a broad range of transactions, primarily representing foreign investors. Practice head Juha Lindström led on several sale-and-leaseback deals, and assisted a client in structuring a joint venture investment in a shopping centre. The team also takes on property and construction disputes, and advises on the restructuring and refinancing of property portfolios. Tapio Teräkivi, who is ‘one of the best transaction lawyers in the country’, joined from Castrén & Snellman in November 2013.

Bird & Bird’s department head Jaakko Hietala is ‘pleasant and professional, and has good industry knowledge’. The firm has recently been involved in infrastructure and city developments, data centre projects for major international corporations and public bodies, and the obtaining of environmental permissions. It advised Esperi Care on a major M&A-related lease arrangement, and DigiEcoCity on large-scale construction projects for two model cities being built in China.

Hammarström Puhakka Partners, Attorneys Ltd recently advised Yandex on the construction of a data centre outside Helsinki. Able to draw on significant environmental law expertise, the real estate practice ranges from planning, zoning and land use matters to complex transactions, development projects and construction disputes. Kari Marttinen and Jari Tuomala are the key contacts, and senior associate Antti Rikala is also recommended.

Attorneys-at-Law Juridia Bützow Ltd’s large team provides advice across the spectrum of real estate and construction law. Special counsel Ilmo Korpelainen is ‘an acknowledged and experienced real estate lawyer’.

Mäkitalo Rantanen & Co Ltd’s name partner Juha Mäkitalo advises on complex international and domestic construction and property development projects such as power plants, hospitals and universities. Aimo Halonen focuses on the energy and environment sectors, particularly on onshore wind farms. Clients include foreign investors, energy companies, and municipal authorities (including the Ministry for Foreign Affairs), but not construction companies.

Merilampi was involved in numerous planning, development and construction matters as well as in disputes relating to construction projects. Jani Ylä-Autio advised Etera Mutual Insurance Company and Aktia Life Insurance on property transactions. Team head Teemu Kauttu and Lauri Tolvanen are the key contacts.

Boutique firm Project Law Oy mostly attracts instructions from domestic clients concerning construction projects and associated disputes, land use agreements and arbitration proceedings. The firm has good knowledge of the Russian market. Jukka Aho and Jukka Leino are the main contacts.

White & Case LLP’s focus is on real estate financing and transactions. Team head Timo Airisto and Tanja Törnkvist advised Sato on an innovative €500m secured bonds programme involving rentable homes in Finland and Russia, and assisted Nordea bank with the €80m refinancing of real estate fund Suomen Osatontti.

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Legal Developments in Finland for Real estate and construction

  • Construction 2013

    Are all members of consortia jointly liable for the entire project or may they allocate liability and responsibility among them?
    - Mäkitalo Rantanen & Co Ltd

Legal Developments in Finland

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to

Press Releases worldwide

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  • P+P Pöllath + Partners berät die DATA MODUL AG, München, bei öffentlicher Übernahme durch Arrow

    Die DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen mit Sitz in München („Data Modul AG“) steht vor einer öffentlichen Übernahme durch die Arrow Electronics, Inc. mit Sitz in Centennial, Colorado/USA. Deren Tochtergesellschaft Arrow Central Europe Holding Munich GmbH hat als Bieterin ein freiwilliges öffentliches Übernahmeangebot zum Erwerb sämtlicher Aktien der Data Modul AG zu einem Angebotspreis von EUR 27,50 je Aktie angekündigt. Dies entspricht einer Prämie von rund 36% auf den gewichteten durchschnittlichen Börsenkurs der Data Modul-Aktien während der letzten drei Monate.
  • VEGAS LEX continues to represent OGK-2 in its gas turbine engine quality dispute

    On January 14, 2015, the VEGAS LEX law firm won an appeal case in the Sixteenth Commercial Court of Appeals for the sake of the Second Generating Company of the Wholesale Power Market (OGK-2)* in a dispute over the quality of a gas turbine engine (GTD-110) supplied by NPO Saturn to compel the defendant to restore the equipment's operation after a breakdown. The court ordered NPO Saturn to repair the broken GTD-110, with the cost of repairs adding up to RUB1bln, which is comparable with the cost of new equipment.
  • VEGAS LEX helps collect lost profit for Khanty-Mansiysk Non-State Pension Fund

    On January 13, 2015, the VEGAS LEX Dispute Resolution Practice won a case in the Ninth Commercial Court of Appeals for the sake of the Khanty-Mansiysk Non-State Pension Fund* in a dispute over a trust management agreement with regard to the fund's pension reserves.
  • Positive Developments for the Economy of Cyprus

    Normal 0 false false false EN-GB X-NONE X-NONE MicrosoftInternetExplorer4 It has been around one year and a half since the Eurogroup decisions to recapitalise Bank of Cyprus via a bail-in on 25 th of March 2013. Cyprus has worked hard since then to exit the financial crisis and to maintain its status and reputation as an international financial centre. Within October 2014, several positive developments which took place suggest that Cyprus is on a good path. These positive developments include: /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Calibri","sans-serif";}
  • Avellum Partners Advised Nadezhda Group on Corporate Restructuring

    Kyiv, 29 December 2014  - Avellum Partners advised Nadezhda Group ("Group"), operating in the liquefied petroleum and gas industry, on tax planning for holding structure of the Group, all legal and tax aspects of corporate restructuring and acquisition finance issues, aimed at obtaining finance from international finance institutions ("IFIs").
  • Avellum Partners Advised on Exchange Offer of Metinvest

    Kyiv, 14 January 2015  - Avellum Partners acted as Ukrainian legal counsel to Deutsche Bank AG, London Branch and ING Bank N.V., London Branch, who acted as Dealer Managers, in connection with the exchange offer of Metinvest B.V., the parent company of a vertically integrated group of steel and mining companies ("Metinvest") for its USD500 million 10.25% guaranteed notes due 2015, coupled with the new issue of USD289.7 million 10.5% guaranteed notes due 2017 ("Notes") under its USD1,500,000,000 Guaranteed Medium Term Note Programme and a 25% cash consideration. The Bank of New York Mellon, London Branch acted as the Exchange Agent. The Notes are listed and admitted to trading on the Global Exchange Market of the Irish Stock Exchange.
  • Gorodissky new practices

    In December 2014 the IP team of Gorodissky & Partners was joined by Valery Narezhny who will be in charge of the firm's new law practices such as taxes, customs and commercial laws. Valery graduated from Finance Academy under the Government of Russia (Moscow) majoring in "Finances and Credits" and the Academy of Law and Management (Moscow) majoring in "Civil Law", holds PhD degree in economics. He is specializing in taxes, currency, customs, labor and commercial laws and in court disputes. Valery started his carrier in the state bodies (Tax Policy Department, Ministry of Finance, and Government Administration), worked for a number of Russian and international law firms. He is author of more than 150 publications and 9 books on taxation and civil law issues. Valery Medvedev, Managing Partner, Gorodissky & Partners, commented: "It appears from our clients' enquiries that they are in the need to obtain consultations and professional advice relating not only to protection and enforcement of intellectual property rights but also to IP issues governed by taxes, labor, currency and commercial laws. Valery Narezhny having considerable experience and knowledge in these practices will no doubt enhance our team of lawyers and considerably enlarge the range of the firm's legal services"
  • HaoLiWen helps client resolve TP case with the customs

    HaoLiWen has advised a multinational client in a case of the customs challenge against import transfer pricing. Recently, this case was successfully closed. The customs has accepted the transfer pricing policies of the client.  The client has incurred no further import tax exposure, and the deposits put up with the customs for the shipments in question are to be refunded by the customs to the client.  
  • VEGAS LEX to support 2015 Jessup Moot Court Competition

    The VEGAS LEX law firm will support this year's Philip C. Jessup International Law Moot Court Competition, the largest and most prestigious law school competition, which will take place in Moscow from January 28 through February 1.
  • P+P Pöllath + Partners berät die Deutsche Bank und DN Capital bei Investitionen in Onlineportal Wi

    Der Onlinehändler hat seine bislang größte Finanzierungsrunde abgeschlossen. Mit einem Investitionsvolumen von insgesamt etwa EUR 45 Mio. beteiligten sich neben dem Hauptinvestor Goldman Sachs auch die bisherigen Geldgeber MCI Management, 360 Capital Partners, die Londoner Beteiligungsgesellschaft DN Capital sowie mehrere Deutsche Bank Fonds.