LocalTapiola’s Acquisition of Housing Company Tampereen Pikku-Aleksi

Castrén & Snellman advised LocalTapiola on the deal.

LocalTapiola announced its acquisition of a real estate company owning a nine-storey building from Develo Oy, a Finnish real estate development and investment company.

The purchaser, LähiTapiola Aluekiinteistöt Ky, is managed by LocalTapiola Real Estate Asset Management. The building is located in the centre of Tampere, Finland, and the project involved the complete renovation of the original seven storeys of the building and the construction of two additional storeys. The building has 70 lettable homes, from one-room apartments to more spacious apartments with two rooms.

The Castrén & Snellman team included Antti Kaakkola (Picture), Topi Leinonen, Elina Marttala and Lauri Ylönen.

Involved fees earner: Antti Kaakkola – Castrén & Snellman; Topi Leinonen – Castrén & Snellman; Elina Marttala – Castrén & Snellman; Lauri Ylönen – Castrén & Snellman;

Law Firms: Castrén & Snellman;

Clients: LocalTapiola Group ;

Federica Tiefenthaler

Author: Federica Tiefenthaler