PATRIZIA AG’s €145 Million Acquisition of Residential Portfolio in Helsinki From Taaleri

Krogerus advised PATRIZIA AG on the deal. Hannes Snellman acted as counsel to Taaleri Private Equity Funds Ltd.

PATRIZIA AG, a leading partner for global real assets, announced its acquisition of a portfolio of multifamily residential properties in Helsinki, Finland, from Taaleri, the Nordic investment and asset manager, for c. EUR 145 million, on behalf of its institutional clients.

Eight properties within the 25,000sqm portfolio were constructed between 2014 and 2017, while the other asset was built in 1969 and was fully renovated in 2015.

The Krogerus team was led by Partner Marcus Möller (Picture) and also included Senior Associate Kalle Hakkarainen, Counsel Piia Sinisalo and Associates Julius Viherkenttä and Olga Lehtonen. Partner Päivi Toivari led the advice on financing matters and she was assisted by Counsel Christian Wiegand.

The Hannes Snellman team included Tapio Teräkivi, Tuuli Pikkarainen, and Panu Vikberg.

Involved fees earner: Tuuli Pikkarainen – Hannes Snellman; Tapio Teräkivi – Hannes Snellman; Panu Vikberg – Hannes Snellman; Kalle Hakkarainen – Krogerus Attorneys Ltd; Olga Lehtonen – Krogerus Attorneys Ltd; Marcus Möller – Krogerus Attorneys Ltd; Piia Sinisalo – Krogerus Attorneys Ltd; Päivi Toivari – Krogerus Attorneys Ltd; Julius Viherkenttä – Krogerus Attorneys Ltd; Christian Wiegand – Krogerus Attorneys Ltd;

Law Firms: Hannes Snellman; Krogerus Attorneys Ltd;

Clients: Patrizia Immobilien; Taaleri Oyj;

Federica Tiefenthaler

Author: Federica Tiefenthaler