Castrén & Snellman advised Erikoissijoitusrahasto LähiTapiola Sijoituskiinteistöt non-UCITS fund. Hannes Snellman acted as counsel to OP-Henkivakuutus.
LähiTapiola Sijoituskiinteistöt non-UCITS fund announced the acquisition of industrial property from OP Life Assurance Company Ltd.
The property located in Tampere is fully leased to Sanoma Manu Oy, a subsidiary of Sanoma Corporation. The property is a modern LEED-certified printing house completed in 2012, with approximately 14,700 m2 of leasable area.
This industrial property will be the fund’s second largest property. The property is a good fit for the fund’s investment strategy and further diversifies both the fund’s real estate asset class distribution and its geographical distribution.
The Castrén & Snellman team included Antti Kaakkola (Picture), Tanja Tuominen, Elina Marttala and Minna Korhonen.
The Hannes Snellman team comprised Matti Lajunen, Tuuli Pikkarainen, Paavo Romakkaniemi, and Nora Mansikka.
Involved fees earner: Antti Kaakkola – Castrén & Snellman; Minna Korhonen – Castrén & Snellman; Elina Marttala – Castrén & Snellman; Tanja Tuominen – Castrén & Snellman; Matti Lajunen – Hannes Snellman; Tuuli Pikkarainen – Hannes Snellman; Paavo Romakkaniemi – Hannes Snellman;
Law Firms: Castrén & Snellman; Hannes Snellman;
Clients: LähiTapiola; OP Financial Group – OP Life Assurance Company Ltd ;