News

Sale and leaseback of logistics center by Scania

Waselius & Wist advised Scania (as the seller and tenant) in the sale and leaseback of a newly constructed services and repair center for Scania trucks and buses. The buyer and lessor is an entity owned and controlled by Nordisk Renting.

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Advised NREP in office acquisition and residential development

Waselius & Wist advised Nordic Real Estate Partners (NREP) in a real estate development project including an acquisition of an office property in HMA and subsequent conversion of the same to residential use. Read more

Financing of AXA’s real estate portfolios

Waselius & Wist represented two funds managed by AXA Investment Managers – Real Assets as borrowers in the senior bank financing of AXA’s Finnish (i) residential property portfolio and (ii) care property portfolio, comprising in aggregate of 26 assets. Read more

Waselius & Wist represented Jeld Wen in relation to a land lease with the City of Kuopio

Waselius & Wist represented Jeld Wen, a world leading doors manufacturer, in the re-negotiation of its land lease agreement concerning its production plant in the city of Kuopio. Read more

Construction of a residential building in Turku

Waselius & Wist advised Timo Houses Oü, an Estonian producer of timber modular houses, relating to the construction of a 4,000 m2 wooden residential building with 75 rental apartments in the city of Turku. Read more

Refinancing of Technopolis

Waselius & Wist advised the mezzanine lender on the Finnish aspects of the refinancing of Technopolis Plc and certain of its group companies in Finland, Norway, Sweden and Lithuania by euro, Norwegian krone and Swedish krona denominated senior secured facilities and mezzanine secured facilities for approximately EUR 930 million in total. Read more

Acquisition of Patrizia’s Itämerenkatu 5 office asset by eQ Finnish property fund

Waselius & Wist represented eQ Fund Management Company Ltd acting in the name and on behalf of eQ Finnish Real Estate (in Finnish: Erikoissijoitusrahasto eQ Liikekiinteistöt) as the buyer in the sale by PATRIZIA Immobilien Kapitalverwaltungsgesellschaft mbH acting for the account of the special AIF PATRIZIA Büro-Invest Europa I of commercial office property located in close vicinity of Helsinki city centre at Ruoholahti, Itämerenkatu 5. Read more

Acquisition of Skaala by IFN Group

Waselius & Wist advised IFN Group, a leading European company for complete solutions around windows, doors, facades and sun protection systems, in its acquisition of 80 percent of the shares in Skaala Group Oy. Read more

Sale of KJ-Kiinteistöjohto Oy

Waselius & Wist advised Hartela, one of Finland’s largest construction companies, in the sale of KJ-Kiinteistöjohto Oy, a real estate management company providing expert services in asset, property and facility management, to Realia Group, the largest real estate brokerage and management group in the Nordics. Read more

Divestment by BASF of its Finnish slurry production sites

Waselius & Wist advised BASF, the chemical company, on Finnish law aspects in connection with the divestment of its slurry production sites in Rauma and Kotka to Chemec. Read more