Rising Stars

Firms To Watch: Real estate and construction

PricewaterhouseCoopers‘ real estate and construction team, led by Joni Painilainen and Minna Poutiainen, closely cooperates with other practice groups to offer advice on the full spectrum of real estate work. The group recently saw notable growth at senior associate level, adding to the team’s capacity.
Real estate boutique firm Valu Partners Attorneys at Law was established in March 2023 by Saara Paronen, Jani Ylä-Autio and Elisa Hätönen, who were previously at Borenius, Merilampi Attorneys Ltd and Waselius, respectively. The team advises on major transactions and real estate development projects.

Real estate and construction in Finland

Avance Attorneys Ltd

Avance Attorneys Ltd‘s real estate and construction department is focused on real estate transactions, projects and financing work, acting for international and domestic players. The team advises on a variety of asset types including office buildings, industrial properties, development projects and social infrastructure portfolios for public education. On the construction side, the group handles various property development and construction matters, and has also been involved in construction litigation. The practice is jointly led by Christoffer Charpentier, who advises clients on domestic and cross-border mergers, acquisitions and joint ventures, with a specific focus on real estate transactions and projects including environmental, energy and infrastructure matters; and Mathias Lindqvist, who covers both domestic and complex cross-border transactions alongside general corporate and real estate advice.

Practice head(s):

Christoffer Charpentier; Mathias Lindqvist

Other key lawyers:

Henrikki Tahkokallio; Hilma Parvela


‘Deal making capabilities, comprehensive knowledge and experience.’

‘The strongest Real Estate practice in terms of senior capacity. Partner level assignment handling secures consistent high quality. Pleasant to work with.’

‘Christopher Charpentier is a market leading individual. High substance knowledge and pleasant to work with. Constructive but goal-oriented negotiator.’

‘The RE practice consist of highly talented and smart lawyers, who are also fun to work with.’

‘Henrikki Tahkokallio is the lawyer of choice when it truly matters: his in-depth legal knowledge, commercial acumen and results-oriented problem solving attitude are remarkable. In addition, I have enjoyed working with Hilma Parvela since she is smart and highly capable lawyer.’

Key clients

Sirius Capital Partners





NCC Property Development



Cobbleyard Real Estate


YIT Finland

HGR Property Partners

Nordisk Renting


Helsingin Lyyra Ky

Posti Kiinteistöt

Work highlights

  • Advised NREP on its acquisition of Eteläesplanadi 2 office building in Helsinki, from Allianz.
  • Advised Antilooppi on the sale of an office property at Tietotie 9 in Aviapolis, to Colony, a company established by Swedish Altaal and managed together with Finnish Avant Capital Partners.
  • Advising a joint venture formed by Ylva and Varma on the sale of a newly built office and retail property in central Helsinki to Niam.


Borenius‘ real estate, environment and construction practice assists clients with real estate transactions, construction projects and mandates in the renewable energy sector. Group co-head Christian Fogelholm focuses on real estate transactions, while managing partner Casper Herler handles a range of advice related to environmental law, natural resources and infrastructure projects; and fellow co-head Ari Kaarakainen specialises in transactions with a particular emphasis on real estate and infrastructure work. The team’s capabilities were strengthened in May 2023 by the arrival of construction practitioner Emma Niemistö, who advises on infrastructure and industrial projects, with expertise in international forms of contracting; she leads the new projects and construction team.

Practice head(s):

Christian Fogelholm; Casper Herler; Ari Kaarakainen; Emma Niemistö

Other key lawyers:

Mari Ihatsu; Simon Ekman


‘Borenius’ real estate and construction team is extremely capable of providing a first-class service and truly stands out in the market.’

‘Borenius’ environment related team is second to none in Finland. The team headed by Casper Herler possesses – in addition to stellar legal expertise – in depth knowledge about the relevant industries, authorities and other stakeholders. Their ability to leverage this in advisory is exceptional.’

‘Ari Kaarakainen and Simon Ekman are both very solid real estate professionals.’

‘Associate Mari Ihatsu stands out.’

Key clients

Partner’s Group AG

Citycon Finland Ltd.

Varma Mutual Pension Company



S-Bank Plc

Cromwell EREIT Management Pte. Ltd.

Sponda Plc

Fennia Mutual Insurance Company





Anglo American

Agnico Eagle Mines

Sibanye-Stillwater’s Keliber lithium project

Mawson Gold



Work highlights

  • Advised Kruunuasunnot on the sale of over 1,200 rental homes to global investment firm KKR.
  • Advised a fund managed by NREP on the acquisition of Retail Centre Grani from VVT Kiinteistösijoitus.
  • Advised Anglo American on the licensing and project planning of a rich world class nickel-copper-PGM deposit named Sakatti in Northern Finland.

Castrén & Snellman

Castrén & Snellman provides full-service assistance on real estate transactions, advising major international and domestic clients on investments into the Finnish real estate market; the team also counts investors, developers, funds, construction companies, occupiers and municipalities on its client roster. Other areas of expertise span property development projects, leasing issues, environmental work, and construction mandates. In the contentious space, as well as handling domestic construction litigation, the team also acts in international arbitration proceedings relating to major energy and infrastructure projects in Finland and internationally. Key members of the team are Antti Kaakkola, who is head of the real estate investments and transactions group; and Samuli Tarkiainen, who is joint lead of the international construction and projects team. Elina Marttala is the kay name at senior associate level.

Practice head(s):

Antti Kaakkola; Samuli Tarkiainen

Other key lawyers:

Minna Korhonen; Elina Marttala


‘C&S has one of the leading real estate practices in Finland. They have a strong position especially in demanding real estate transactions and development projects.’

‘Antti Kaakkola has taken part in many of the biggest deals in the industry during the past few years, and in my books his skills and quality of work is almost unmatched.’

‘Elina Marttala is a very talented and skilled person. She has a practical way to think about different solutions.’

‘Minna Korhonen has helped us in cases where financing related expertise has been needed. She’s done excellent work and stands out with the level of service and response times.’

‘Antti Kaakkola is a very talented and wise attorney. He can identify the most important things. He negotiates in a solution-seeking way.’

‘Antti Kaakkola, a partner with strong commercial acumen, excellent industry reach and can-do service attitude.’

‘C&S’ is truly a full-service law firm as they can provide high-end legal advice in various areas of law.’

‘Antti Kaakkola is very talented and one of the most promising younger generation real estate partners in Finland. We have noted his in-depth understanding on both legal and commercial aspects of real estate transactions (and business needs of the industry behind them) as well as appreciate his pragmatic and solution-oriented approach regardless of whether he advises us or our counterparties.

Key clients

OP-Public Services Real Estate non-UCITS Fund

OP-Rental Yield non-UCITS fund

Nrep Oy

Sagax Finland Asset Management Oy


Samla Capital Oy

eQ Community Properties Fund

eQ’s Residential Property Fund

Vierumäen Hotellikiinteistö Ky

Biovian Oy

Fortum Corporation

NSF IV Finland Advisory Oy

Work highlights

  • Advised OP-Public Services Real Estate non-UCITS fund on a transaction whereby it sold a portfolio of 15 care properties to Kinland Property VI Oy, a company originating from Norway.
  • Advised Nrep on its acquisition of a residential portfolio comprising three residential properties and 226 apartments from S-Bank Housing non-UCITS Fund.
  • Advised Sagax on a sale and leaseback transaction whereby Sagax acquired MEKO AB’s central warehouse properties in Finland.

Hannes Snellman (Finland)

Hannes Snellman (Finland) advises on large real estate transactions, development projects and industry and energy production construction matters. The real estate team, led by Tapio Teräkivi, is highly experienced in transactions and other key issues relating to construction projects, environmental regulation, contracts, financings and asset management work; Teräkivi is also recommended for his energy sector expertise, especially in the wind power and hydropower spaces. Maria Landtman heads up the firm’s projects and construction practice and specialises in complex projects, particularly within the energy, infrastructure and commodities sectors. Klaus Metsä-Simola is experienced in wind power developments, and Katja Perätalo specialises in industrial construction and investment projects.

Practice head(s):

Tapio Teräkivi

Other key lawyers:

Maria Landtman; Klaus Metsä-Simola; Katja Perätalo; Matti Lajunen


‘The best real estate team in Finland, having resources to tackle every case and every problem. You can also count on that Hannes Snellman delivers.’

‘Tapio Teräkivi is definitely “the” real estate lawyer in Finland. He has vast experience and has seen it all. Tapio is a very tough negotiator, but also understands the commercial interests of the client, not only legal, and is able to find solutions when needed.’

‘Katja Perätalo is superb with her wide understanding of the construction business, same as Maria Landtman. They provide excellent expertise through their argumentation and understand the business logic very well. So with them it is fluent to manage even the toughest and longest of negotiations.’

‘They are very experienced in construction contracts and have a good understanding of the practice and consequences.’

‘Matti Lajunen is a real professional with an aim to achieve profitable results for clients.’

‘Competence in renewable energy and the willingness to address the clients’ individual needs and concerns is unique. The low-key efficiency of the team makes us very happy. No nonsense, pure pragmatic advice.’

‘Maria Landtman is the best partner you can work with. Understands the client’s needs as expressed in layman’s terms, analyses it, and provides a solution that is feasible from both legal and commercial perspectives.’

‘The team has in-depth knowledge and experience of complex real estate transactions as well as an ability to formulate pragmatic solutions in each case. The team works in close cooperation with other specialists in other teams to gain the best results to clients. The knowledge of each individual in various fields of law is also astonishing. They are very flexible and committed to giving on time responses. The quality of their work is consistently high and they are very pleasant to work with.’

Key clients


CapMan Real Estate



Microsoft Corporation

Orange Capital Partners


OP Financial Group





Keliber Oy


Work highlights

  • Advising Keliber in respect of the construction and supply contracts pertaining to the company’s lithium project in Central Ostrobothnia, Finland.
  • Assisting eQ Community Properties Fund with the disposal of 28 properties to Kinland AS.
  • Advising Exilion on the construction and financing of Isokangas and Palokangas wind farms.

HPP Attorneys

Advising on real estate developments and large real estate transactions, HPP Attorneys has broad expertise, covering all aspects of real estate and construction work. The team benefits from close cooperation with the firm's environmental practice on matters relating to land use, permitting and planning. The group also frequently assists domestic and international real estate investment companies, development companies and real estate advisory businesses. Team co-head Kari Marttinen excels in environmental law, while fellow co-head Jari Tuomala has vast experience in developments, construction projects, and the sale and purchase of real estate property. Leif Laitinen specialises cross-border real estate transactions.

Practice head(s):

Kari Marttinen; Jari Tuomala

Other key lawyers:

Leif Laitinen; Ilona Syrjälä


‘Jari Tuomala is a legend, he has an incredible ability to fix complicated situations with non-professional counterparts, that is why we like him so much. There are several people in the business who have the same knowledge or even better, but none of them are like Jari.’

‘They are flexible in scoping assignments to cater to the needs of the client. Can work with small project teams which makes communication easier. Easy and straight forward to communicate with and are very responsive.’

‘Leif Laitinen is highly experienced. He is an efficient and likable negotiator who likes to stick to the things that matter for the client.’

‘We have had a long-term co-operation with Jari Tuomala and Leif Laitinen. They have advised us in a very satisfactory manner in various property transactions and development matters. We have been able to close numerous transactions with an efficient and cost-effective process.’

‘Ilona Syrjälä is a great example of the next generation of lawyers, professional, kind, funny and down to earth.’

‘Real estate partner Leif Laitinen organises his team efficiently and makes everybody comfortable with the tasks at hand. Communication is very clear and efficient.’

‘Jari Tuomala has has great negations skills. Holistic understanding of the process and client needs.’

Key clients

Tristan Capital Partners LLP

Catella Asset Management Oy

Altaal AB

WasaGroup Oy

Cobbleyard Real Estate Oy

Erikoissijoitusrahasto Evli Logistiikkakiinteistöt

Yleisradio Pension Fund

DEAS Asset Management

Senate Properties

Real Estate Venture Capital Management LLP (Revcap)

EAB Value Added Fund III Ky

Nyfosa AB

Nordika Fastigheter AB

Cibus Nordic Real Estate AB

Taaleri Plc

Pontos Group

Aktiivihallit Ky (Limited Partnership)

Veritas Pension Insurance Company

Avant Capital Partners

Serena Properties AB

Projekti GH Oy

Samhällsbyggnadsbolaget i Norden AB

Elite Finland Added Value Fund II Ky

Elite Alfred Berg Vuokratuotto Erikoisijoitusrahasto

Auratum Real Estate

LUHTA-Kiinteistöt Oy

Grand Residence Development Oy

Work highlights

  • Advised Altaal AB and Avant Capital Partners Oy on the acquisition of an office property which is located in Aviapolis, Vantaa near Helsinki-Vantaa Airport and Aviapolis train station.
  • Advised Senate Properties as the seller on a property development project in the historical site Uudenmaan kasarmi located in Kruunuhaka, Helsinki.
  • Advised Tristan Capital Partners LLP and Catella Asset Management Oy on the sale and lease back arrangements on two industrial and logistics properties.


Krogerus' full-service practice offers a comprehensive construction practice and is experienced in assisting with the day-to-day management and development of real estate portfolios, including drafting, amending and negotiating lease agreements. The team excels across all asset types and is well regarded for its work involving the logistics sector alongside expertise in environmental issues and real estate litigation. Department head Joakim Jansson is well versed in real estate and corporate transactions; Marcus Möller represents clients in domestic and cross-border transactions spanning acquisitions, disposals and joint ventures, while Teppo Vuorela is a key name for real estate, construction, zoning, planning and environment matters.

Practice head(s):

Joakim Jansson

Other key lawyers:

Marcus Möller; Teppo Vuorela; Kalle Hakkarainen; Pyry Somervuori; Ilari Mustonen


‘Marcus Möller has extensive knowledge of the field and has excellent negotiation skills. I personally appreciate the no nonsense approach to deal making. Joakim Jansson is also very knowledgeable and has good understanding of commercial issues and is able to provide solid advice when needed. Kalle Hakkarainen is hands down one the most talented individuals of his age group.’

‘Krogerus has competences to assist customers with complex cases. Collaboration has worked smoothly and they are understanding customer needs well.’

‘Marcus Möller & Kalle Hakkarainen form a market leading real estate transaction team. Top-notch level of expertise in the segment, attention to detail, vast experience from past projects and knowledge of customer-specific matters form an unrivalled combination for clients. A team that you would not like to face on the other side of the table.’

‘Two people stand out from the crowd: Partner Pyry Somervuori and Counsel Ilari Mustonen. It has been a privilege and a source of satisfaction to collaborate with both individuals on various projects. Their level of expertise, client comprehension, and commitment are truly exceptional.’

‘Pyry Somervuori’s extremely detail-oriented but at the same time pragmatic commercial approach stands out amongst peers, providing clients with valuable actionable advice and guidance beyond pure legal.’

‘The real estate and construction team of Krogerus is highly knowledgeable and solution oriented. The senior members of the team have excellent knowledge of the market and what issues are relevant and vice versa. The client is safe to rely on Krogerus to get the deal done no matter the situation.’

‘Markus Möller is a strategic negotiator, and his experience shows. Kalle Hakkarainen is extremely hands-on in his approach, and he also possesses excellent market knowledge and the ability to work with different people.’

Key clients



Nyfosa / Brunswick

Taaleri Plc


Alma Property Partners

Northern Horizon Capital



eQ Community Properties



Hemsö Fastighets AB

Swiss Life

Work highlights

  • Advised KKR on its acquisition of a high-quality portfolio of 30 residential properties which comprises over 1,200 residential units from Kruunuasunnot.
  • Advised SRV on its disposal of Finland’s first office skyscraper to Niam.
  • Advised Swiss Life Asset Managers on its acquisition of a hospital property which comprises 18,016 sqm of leasable area from the City of Lahti.


With a focus on real estate transactions, Roschier advises on a wide variety of matters including project development agreements, lease and land lease agreements, forward funding and forward purchase work, joint ventures and asset and property management arrangements; the group is also noted for its sustainability expertise. Antti-Jussi Partanen specialises in transactional work including infrastructure and energy-related acquisitions and divestments, and leads the department, while Toni Siimes heads up the energy and infrastructure practice and has expertise in the retail and forestry industries. In 2024, Matias Wallgren joined the team, bolstering the firm’s green transition and industrial investment work, and Mika Alanko rejoined the practice following a stint in-house.

Practice head(s):

Antti-Jussi Partanen

Other key lawyers:

Toni Siimes; Matias Wallgren; Martti Ylinen; Mika Alanko


‘Roschier has fast response times, a team that’s both super professional and refreshingly youthful, a wide range of services in any practice, and they consistently deliver top-notch results. It’s like having a best-in-class squad for our business legal needs.’

‘Antti-Jussi Partanen has excellent real estate market knowledge, which is really helpful in deal making. I think Antti-Jussi knows the transaction market even better than some of the commercial transaction advisers. Furthermore, it is very convenient to work with Antti-Jussi and the quality of work of his and his team is top notch.’

‘Roschier individuals know how to serve us well. They have a good understanding of our business and are quick to respond to requests. They make sure everything is crystal clear and see things through to the end. The whole Roschier team is solution-focused.’

‘The individuals are caring and attentive to the details, with unmatched response times. They work hard on keeping a relationship with the client, and ensuring all their problems are solved.’

‘Martti Ylinen deserves mention here. He has very sharp mind, capability to raise the right questions on the table and strong grip of all the items under discussion. And if some topic was left on the table, for 100% certainty Martti came back to the topic with answer or suggestion.’

‘Antti-Jussi Partanen is a result-oriented person with a broad understanding of the real estate sector and transactions. He can explain complex legal matters clearly, adequately and comprehensively, ensuring that clients are well-informed throughout the legal process.’

Key clients


AXA Real Estate Investment Managers



Deka Immobilien GmbH

eQ Finnish Real Estate

HIH Invest Real Estate GmbH

KanAm Grund


M7 Real Estate





Pareto Securities AB

Royal Areena Oy



Trevian Asset Management Oy


Work highlights

  • Advised the seller on the sale of a landmark office building in Keilaniemi, Espoo, currently known as Tietoevry’s headquarters.
  • Advised Blackstone on the acquisition of a prime urban logistics and warehouse asset in the Helsinki Airport logistics hub from Abrdn.
  • Advising Nokia Corporation on the ongoing project to build a new R&D campus on the Linnanmaa-Ritaharju plot in Oulu.

Aleksandra Attorneys Ltd

Boutique firm Aleksandra Attorneys Ltd is well known for advising international real estate funds as well as domestic property investors, with particular expertise in handling acquisitions of office and commercial properties. Practice head Samuli Palin, who is described by clients as ‘one of the strongest negotiators in the Finnish market’, has substantial experience in real estate transactions and has represented several major domestic and international real estate investors, funds and construction companies. Rami Laatsalo advises on real estate transactions, in particular portfolio transactions and sale and lease-back arrangements, as well as property developments and day-to-day commercial real estate law.

Practice head(s):

Samuli Palin

Other key lawyers:

Rami Laatsalo


‘Samuli Palin is definitely one of the few real estate lawyers in Finland who has long and vast experience and has seen it all. Samuli Palin also has a deep understanding of the business-side of real estate and that is why you can count on him to find commercially sound solutions when negotiating the legal side.’

‘The practice is comprised of very experienced individuals: Samuli Palin is one’s best choice when you need a strong negotiator with understanding on commercial side of the deal, and Rami Laatsalo is the right lawyer when things need to be done in a prudent and diligent manner.’

‘Samuli Palin is one of the strongest negotiators in the Finnish market, while Rami Laatsalo has an exceptionally broad understanding of different areas of law.’

Key clients

Commerz Real

Union Investment


Cibus Nordic Real Estate AB

CapMan Real Estate

CapMan Hotels


UB Nordic Property Fund

Exilion Capital


UB Finland Property Fund

Varma Mutual Pension Insurance Company

Nyfosa Finland AB

Work highlights

  • Advised a Luxembourgian fund managed by Genesta on its acquisition of a prime office property located in Helsinki CBD with the European Union as the anchor tenant.
  • Advised a major German real estate investor Union Investment Real Estate GmbH, acting on behalf of the open-ended real estate special fund UniInstitutional EuropeanM, on the acquisition of an office development project ‘Aura’ in Helsinki.
  • Advised Nyfosa Finland AB, a leading Swedish stock listed real estate corporation, on its acquisition of three commercial properties located in Turku and Raisio, Finland.

Bird & Bird

Bird & Bird‘s wide array of real estate advice encompasses major transactions, large-scale development projects, financing work and development projects, acting for a client roster which includes multinationals, investors and municipalities. Jaakko Hietala heads up the real estate team and has in-depth experience in complex real estate and infrastructure mandates, corporate work and contentious matters. With expertise in matters involving fossil-based fuels and infrastructure elements as well as knowledge of the renewable energy space, Laura Huomo leads the energy and utilities team.

Practice head(s):

Jaakko Hietala; Laura Huomo

Other key lawyers:

Tuukka Korhonen


‘The team is extremely collaborative.’

‘Laura Huomo is well networked and understands our business well.’

‘The team members are approachable and pleasant. The team works quickly and professionally. Special thanks to Tuukka Korhonen, who understands customer needs very well and is proactive.’

‘Tuukka Korhonen is a real professional and carries out the assignments with diligence and has a high understanding of the market.’

‘The team works very flexibly and professionally; they also take commercial conditions into account.’

Key clients


City of Oulu

City of Jyväskylä

Slättö Förvaltning AB

Hoivatilat Oyj

Merimieseläkekassa (Seafarer’s Pension Fund)

Real estate funds managed by Elite Alfred Berg

Varte Oy

Pelican Self Storage


P2X Solutions Oy

Gasgrid Finland Oy

Work highlights

  • Advised the City of Oulu in a €165m sale of a significant public use property portfolio to eQ Community Properties Fund. The portfolio consists of six healthcare properties, including the city hospital, as well as two major parking facility properties.
  • Advised the City of Jyväskylä on a €84m sale of a significant social infrastructure portfolio to the Nordic infrastructure investor Infranode. The portfolio consists of 13 social and healthcare service facilities and their respective plots.
  • Advising Åland Island’s Regional Government regarding projects and questions related to enabling the establishment of offshore wind power and competitive tendering of use rights to sea areas in the North Sea on Åland.

DLA Piper Finland Attorneys Ltd

DLA Piper Finland Attorneys Ltd‘s real estate team is equipped to handle a variety of real estate matters ranging from transactions to land use and construction issues, and real estate disputes. The practice also assists with energy projects, spanning wind, solar and power-to-x mandates. The firm’s Nordic real estate practice is led by Mikko Larvala, whose expertise covers transactions, lease negotiations, and property development and conversion projects. In January 2023, the firm’s reach was extended with the arrival of Antti Laaksonen and Sakari Lähteenmäki from Project Law Oy, who advise developers and construction companies on land use and development work.

Practice head(s):

Mikko Larvala

Other key lawyers:

Antti Laaksonen; Sakari Lähteenmäki; Panu Penttilä; Timo Valkama


‘Very good practice in Real Estate and Construction.’

‘Business oriented mindset with good problem solving skills.’

‘Exceptional skills in complex issues regarding real estate transactions and agreements between private and public (municipalities) entities. DLA have gained a reputation where they are able to reach a consensus where both parties are satisfied and are a choice not only respected and wanted by their client, but also with the counterparty.’

‘Panu Penttilä is very reliable, has a wide network in the construction field (and in real estate in Finland), excellent knowledge, effective. Timo Valkama is a widely experienced lawyer in real estate and is very liked.’

Key clients

Morgan Stanley

Real I.S

LaSalle Investment Managers

Round Hill Capital

Varma Mutual Pension Insurance Company

Corum Asset Management

Trevian Finland Properties I

Senate Properties

Develo Oy


Premico Group

Collector Bank AB

Heimstaden AB

Stendörren AB

Sato Oyj

Equitix Investment Managers

Joo Group Oy

Pohjola Rakennus Oy

Redeve Oy

ICECAPITAL Real Estate Asset Management

Ylva / Helsingin yliopiston ylioppilaskunta


Nordic Ren-Gas Oy

HGR Property Partners

Prime Capital AG


SAJM Holding Oy

Work highlights

  • Assisted DHL with a major cross-border sale and leaseback transaction to Allianz Real Estate regarding the sale of a real estate portfolio of carbon neutral warehouses across six European markets.
  • Assisted ICECAPITAL Housing Fund VI Ky with it acquisition of five residential properties Helsinki, Espoo, and Vantaa.
  • Assisted YIT Suomi Oy and Pohjola Rakennus Oy Suomi Oy in a joint project between the two construction companies, which included the development and construction of a football stadium, housing, commercial as well as parking facilities in the City of Tampere Finland.

Eversheds Asianajotoimisto Oy / Eversheds Attorneys Ltd (a member of Eversheds Sutherland)

Eversheds Asianajotoimisto Oy / Eversheds Attorneys Ltd (a member of Eversheds Sutherland)‘s real estate, construction and environment team is jointly led by Pekka Kokko, Saara Raitala, Sirkka Terho and Juha Kallioinen, and is best known for its experience in transactional and construction matters; the department also recently assisted clients with renewable energy projects including solar power battery storage and wind farm mandates. Kokko advises clients on real estate transactions and sales, leases, contracts and litigation, while Raitala is responsible for the team’s transactional and leasing assignments. Terho advises on data centre and renewable energy projects, and Kallioinen has unique expertise in contractor disputes.

Practice head(s):

Pekka Kokko; Saara Raitala; Sirkka Terho; Juha Kallioinen


‘Good knowledge of the real estate law and property transactions. Good quality of the legal services.’

‘The team is knowledgeable and can assist in various sectors of real estate issues.’

‘Solid team and always available.’

Key clients

Aquila European Renewables Income Fund

Avara Ltd

Glennmont Clean Energy Fund Europe III SCSp


Vantaan Valo Ky

Verne Global Finland Oy

Children’s Day Foundation

Elo Mutual Pension Insurance Company

Otava Oy

AVAIN Asumisoikeus Oy

Work highlights

  • Advised an institutional client on a renovation and new lease agreement arrangement regarding a Helsinki luxury hotel and another high-level hotel.
  • Advised Glennmont Partners on a substantial battery energy storage (BESS) project, the investment into and development of a 30MW/41MWh BESS adjacent to Glennmont’s Piiparinmäki wind farm.
  • Advised a global technology company on a complex conversion of its triple-net leases into gross leases (and amendment of the former sublease) in a well-known high-tech HQ real estate property.

Merilampi Attorneys Ltd

Recognised for its expertise in transactions involving office, retail, logistics, hotel, residential and various public sector properties, Merilampi Attorneys Ltd is also active in development projects including the construction and finance elements. The group frequently receives mandates from insurance companies, real estate funds, real estate investors, construction businesses and development companies. Tommi Elo focuses on real estate transactions, while William Sjöberg advises on property acquisitions and sales, developments, and sale and lease back arrangements, and construction team head Annika Luhtanen handles housing issues.

Practice head(s):

Tommi Elo; William Sjöberg; Annika Luhtanen


‘Merilampi is always able to provide an efficient and functioning team to any type of assignment. The quality of the work is excellent despite time limitations.’

‘Tommi Elo and William Sjöberg are pragmatic and very hands-on, and they are skilled in prioritising tasks in order to achieve the best overall result. Strong commitment throughout the process from preparations to post-closing actions.’

‘William Sjöberg provides excellent client management and result driven legal services. Tommi Elo is a result driven professional, aiming to just get the best results for clients.’

‘Merilampi provides good legal services for most real estate and construction related matters. Especially in real estate transactions they have good track record, and they are capable for handling the full package of legal services needed for real estate transactions.’

‘William Sjöberg is maybe the most detail oriented lawyer I’ve worked with.’

Key clients

YIT Construction Ltd




Elo Mutual Pension Insurance Company

Ilmarinen Mutual Pension Insurance Company

Union Investment Real Estate GMBH

Nyfosa Finland Oy

Schroder Nordic Real Estate Fund




Sweco Group



Pirkanmaa Hospital District

OP Real Estate Asset Management Ltd

City of Vantaa, VTK Kiinteistöt Ltd

Are Ltd

Senate Properties

Work highlights

  • Advised Hartela and Ilmarinen on the sale of the Ristikko shopping centre to Evli.
  • Advised eQ Community Properties Fund on its agreements in relation to a significant care property project.
  • Advised the City of Espoo on the sale and leaseback of three fire station properties.

Properta Attorneys Ltd

Properta Attorneys Ltd offers comprehensive advice across the real estate and construction space, handling construction and project agreements, real estate transactions and construction disputes in general courts and arbitration tribunals. The department is jointly led by Ilkka Koivisto, who focuses on construction agreements and the related disputes; and Ilmo Korpelainen, who has notable experience in real estate transactions, commercial lease agreements, and insurance matters. Other key members of the team are construction specialist Ville Laine, transactional expert Heidi Savia and litigator Katja Firtser.

Practice head(s):

Ilkka Koivisto; Ilmo Korpelainen

Other key lawyers:

Ville Laine; Heidi Savia; Katja Firtser


‘Many years of cooperation have shown that company staff are always up to date and I can count on an excellent service.’

‘Ville Laine, strong expertise, committed, always polite and kind.’

‘In Real estate and construction, the expertise is absolutely top-notch.’

Key clients

NV Property Fund I Ky

VVT Property Fund I Ky

eQ Real Estate Funds

Julius Tallberg -Kiinteistöt Oyj

Destia Oy

Lujatalo Oy

Aktia Commercial Real Estate Fund

Uudenmaan Mestari-Rakentajat Oy

Apteekkien Eläkekassa

Lidl Suomi Ky

University of Vaasa

Work highlights

  • Advised the University of Vaasa on the acquisition of all shares in the real estate company KOy EnergyLab Vaasa from VP Facilities Oy Ab.
  • Acted for Julius Tallberg-Kiinteistöt Oyj on the sale of a property located in Espoo.
  • Advised VVT Property Fund I Ky on the sale of Retail Centre Grani to NREP.

Asianajotoimisto White & Case Oy

Experienced in real estate M&A, financing and property development work, Asianajotoimisto White & Case Oy‘s real estate practice draws from the firm’s global real estate team to handle a wide range of cross-border matters. The team's client roster features real estate investment funds, real estate companies and financial institutions. Group co-heads Tanja Törnkvist and Timo Airisto frequently advise on domestic and international transactions including public tender offers and mergers.

Practice head(s):

Tanja Törnkvist; Timo Airisto


‘They work well as a team, they seek to protect our interests in real estate transactions, they communicate well, and are prepared to deliver on time. Clear advice is always given.’

‘Each of them is professional, knowledgeable, and look to provide clear advice. They communicate well, and work as a team to deliver on time.’

‘Timo Airisto stands out.’

‘Great knowledge across the corporate and real estate sectors.’

‘Deep knowledge of complex transactions.’

Key clients

Antilooppi Ky

Bayerische Landesbank

BNP Paribas Real Estate Investment Management

Byggfakta Group Nordic HoldCo


Curzon Global Partners

Kildare Management Ltd.

Goldman Sachs Asset Management

Hemsö Fastighets AB

M&G Investment Management Ltd.

Nordea Bank Abp

OP Corporate Bank plc

Sato Oyj

Skandinaviska Enskilda Banken AB

Starwood Capital Group

The Blackstone Group

Work highlights

  • Advised a bank syndicate on Castellum Aktiebolag’s SEK10.18bn fully underwritten rights issuance.
  • Advised Nordea Bank Abp, Swedbank AB and Aktia Bank plc on the €141.5m refinancing of the grocery-anchored real estate portfolio of Cibus Retail Finland 2 Oy and its subsidiaries.
  • Advised Antilooppi Ky on its financing package, worth over half a billion euros.

Dittmar & Indrenius

Praised by clients for its ‘exceptional industry knowledge and market acumen in combination with great commercial approach’, Dittmar & Indrenius' team focuses on large-scale real estate transactions, lease arrangements and construction issues. The team is also noted for its capabilities in cross-border work involving various asset classes, including office, industrial, logistics, retail and public use properties; group head Antti Aaltonen is particularly well regarded for multijurisdictional work.

Practice head(s):

Antti Aaltonen

Other key lawyers:

Tuomas Tiensuu


‘Exceptional industry knowledge and market acumen in combination with great commercial approach.’

‘We had the pleasure of working with Antti Aaltonen and Tuomas Tiensuu in one of our recent transactions and are very happy with the industry knowledge, hands on approach and commercial acumen both individuals have, which really made a difference during transaction execution.’

‘Excellent engagement across practices and highly dedicated team on all levels.’

‘High competence and loyalty to clients. Understands the client’s needs and unique situation.’

‘Knowledgeable and focused on the right areas, which are relevant to the client.’

Key clients



Mirabel Partners

IKEA and Ingka Centres Finland

Food Folk Suomi

Specsavers Finland

Silvestica Green Forest Finland


Sulzer Pumps Finland

Glennmont Partners

Work highlights

  • Advised Infranode on the acquisition of 100% interest in 13 social and healthcare service facilities and their respective plots from the City of Jyväskylä.
  • Advised Mirabel Partners on all legal matters related to the management of a large real estate portfolio.
  • Advised Silvestica Green Forest Finland on several land lease arrangements relating to future wind energy projects.

Lexia Attorneys Ltd

Lexia Attorneys Ltd advises clients on all areas of contentious and non-contentious construction and real estate law and is regularly involved in high-value real estate transactions and development projects as well as construction disputes. The practice is co-headed by Arto Kaikkonen and Janne Röytiö; Kaikkonen has extensive experience in construction, real estate and housing law, while Röytiö focuses on dispute resolution within the construction space, housing law and the sale and purchase of real estate assets.

Practice head(s):

Arto Kaikkonen; Janne Röytiö


‘A lot of different expertise and quick help even with small questions and problem situations.’

‘They understand our business, are quick to respond and they have the ability to think about cases from many angles.’

Key clients

Vesivek Ltd

Helsingin kaupungin asunnot Ltd (Helsinki City Housing Company)

Tapiolan Lämpö Ltd

Municipality of Kittilä

Municipality of Hailuoto

Sikla Ltd / Siklatilat Ltd

Genesta Property Nordic Finland Ltd

Rakennusteho Group Ltd

Work highlights

  • Assisting Vesivek Ltd with all legal matters related to the safety of roofing work.
  • Managing all possible disputes arising from a large apartment portfolio for Helsingin kaupungin asunnot Ltd.
  • Assisting Vestera Ltd with all legal matters related to the corporation.

KPMG Law in Finland

Adept in the full range of real estate and construction matters, KPMG Law in Finland‘s real estate and construction department is jointly led by Kai Soini and Jaska Ikäheimonen. Both excel in corporate, real estate and construction mandates including developments, mergers and acquisitions, while Ikäheimonen has additional expertise in dispute resolution.

Practice head(s):

Kai Soini; Jaska Ikäheimonen

Key clients

Finsilva Oyj

Dasos Capital

Tornator Oyj

Hiedanrannan Kehitys Oy

Novart Oy

Hartela Länsi-Suomi Oy

Bluet Oy Ltd

Peab Oy

Pohjola Rakennus Group PRG Oy

EKE-Finance Oy

EKE-Rakennus Oy

Lujatalo Oy

Kojamo Oyj

Hengitysliitto ry

Hangon Läntinen Laituri Oy

Lakea Oy

Wihanto Group Oy


Aura Rakennus Oy

City of Turku

Turun Satama Oy

TVT Asunnot Oy

Blue Industry Park Oy

City of Imatra

Turun Osuuskauppa

Work highlights

  • Advised Finsilva Oyj on entering into cooperation with Eolus Finland regarding the development of a portfolio of five onshore wind power projects located in Central Finland, with a potential for more than 600MW in total.
  • Acted for Hiedanrannan Kehitys Oy on a large variety of issues from financial, commercial, legal and tax perspectives.


Advising on real estate, construction and infrastructure matters, Magnusson's comprehensive real estate and construction practice is jointly led by Lauri Toivio, who assists clients in a broad range of construction, real estate, housing, and industry related matters; and co-head Ville Salonen, who handles cross-border commercial and transactional matters.

Practice head(s):

Lauri Toivio; Ville Salonen


‘Lauri Toivio in particular stands out with his concrete understanding of how the grassroot level in real estate and construction business work and what implications it has to contract-level discussions and arguments’.

‘I can trust all team members and they always work superbly as a team with us.’

‘Dedication and pragmatism to quick problem-solving.’

Key clients

SSA Rakennus Oy

Forus Group

St1 Group

Work highlights

  • Assisted SSA with the contract negotiations and assessing construction law related issues, project specification and Settlement of Accounts.
  • Advising Forus Group on all of its legal matters, including turn-key delivery and installation agreements, partnerships and financing of solar power stations.