Essi Peltoniemi

Parties

AMF Tjänstepension AB, Mercada Oy

Transaction

Hannes Snellman advised AMF Tjänstepension AB in the disposal of its 33.3% stake in Mercada Oy, a joint venture formed by AMF, Ilmarinen Mutual Mutual Pension insurance Company and Kesko in 2015. Mercada owns 35 properties with 290,000 square meters of leasable area, consisting mainly of grocery stores with Kesko as a tenant, as well as two large shopping centers.

Deal Value

Not public

Role

Counsel to AMF Tjänstepension AB in the disposal of its 33.3% stake in Mercada Oy

Parties

CompassForge, Ecogrid Energy Park

Transaction

Hannes Snellman acted as counsel to CompassForge in the development of the Ecogrid Energy Park located in Pori, Finland.

Ecogrid Energy Park, a billion-euro international energy project combining a state-of-the-art data center and a balancing power plant. Designed to support Finland’s energy transition, the environmentally neutral facility will create jobs, promote green innovations, and contribute to the national grid’s capacity.

Deal Value

Not public

Role

Counsel to CompassForge in the development of the Ecogrid Energy Park located in Pori, Finland.

Parties

Häggblom & Partners Ltd. and the sellers, UB Nordic Forest Fund II LP, United Bankers

Transaction

Counsel to Häggblom & Partners Ltd. and the sellers in the sale of UB Nordic Forest Fund II LP. The sale of approximately 33,000 hectares of forest properties and partnership interests in UB Nordic Forest Fund II LP, managed by United Bankers, was agreed upon with MEAG, an asset management company of the Munich Re Group acting on behalf of its group client. Upon completion, the buyer will pay a total purchase price of approximately EUR 166 million.

Deal Value

Approximately EUR 166 million

Role

Counsel to Häggblom & Partners Ltd. and the sellers

Parties:

Titanium (seller)

Transaction:

Titanium's disposal of eleven preschool properties. The properties located in different parts of Finland are to be acquired by Kinland with closing to occur in Q1/2024.

Deal value:

Value not public

Role:

Counsel to Erikoissijoitusrahasto Titanium Hoivakiinteistö

Parties

Ålandsbanken Residential Property, Capman Real Estate

Transaction

Ålandsbanken Residential Property’s sale of two newly built residential assets in the Helsinki region, Finland.

Deal Value

Value not public

Role

Counsel to Ålandsbanken Residential Property

Parties:

OP Life Assurance Company

Transaction:

OP Life Assurance Company's sale of a warehouse property in Vantaa with a lettable area of approximately 14,300 sqm

Deal value:

Value not public

Role:

Counsel to OP Life Assurance Company

Parties:

United Bankers’ UB Timberland Fund (AIF), Taaleri Forest Fund III LP

Transaction:

United Bankers’ UB Timberland Fund (AIF) agreed to acquire Taaleri Forest Fund III LP. The forests managed by Taaleri Forest Fund III comprise 19 forest properties covering in total a surface area of approximately 7,650 hectares of which more than 6,400 hectares is productive forest land.

Deal value: 

Value not public

Role:

Counsel to United Bankers’ UB Timberland Fund (AIF)

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:

OP-Public Services Real Estate Fund (buyer), a public services property (target)

Transaction:

Counsel to OP-Public Services Real Estate Fund in the acquisition of a public services property located in Järvenpää

Deal Value:

Value not public

Role:

Counsel to OP-Public Services Real Estate Fund