Nyfosa’s € 75.9 Million Acquisition of Properties in Finnish Regional Cities

Hannes Snellman acted as counsel to Nyfosa Finland AB in the deal.

Nyfosa acquired properties in the Finnish regional cities of Jyväskylä, Lappeenranta, and Kuopio. The acquisitions amount to a total value of MEUR 75.9, corresponding to approximately MSEK 767.

The portfolio in Jyväskylä and Lappeenranta includes six properties with a total area of 46 thousand square meters and consists mainly of offices, whereas the property in Kuopio is mixed-use with significant development opportunities in the form of building rights.

Nyfosa is a transaction-based property company that creates value by accumulating sustainable cash flows and continuously evaluating new business opportunities.

The Hannes Snellman team comprised Matti Lajunen (Picture), Netta Pitkämäki, Mikael Wood, Paavo Romakkaniemi, and Nora Mansikka.

Involved fees earner: Matti Lajunen – Hannes Snellman; Netta Pitkämäki – Hannes Snellman; Paavo Romakkaniemi – Hannes Snellman; Mikael Wood – Hannes Snellman;

Law Firms: Hannes Snellman;

Clients: Nyfosa AB;

Federica Tiefenthaler

Author: Federica Tiefenthaler