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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.
Technopolis is a shared workspace expert. Technopolis’ 17 campuses host 1,600 companies with 50,000 employees in seven countries within the Nordic and Baltic Sea region.
Value: EUR 930 million
Lawyers involved:
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. The target populates approx. 20 tenants and the transaction is W&I insured.
Value: MEUR 41.
Lawyers involved:
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.
In addition to the acquisition, the transaction included corporate restructuring as well as the sale and leaseback of manufacturing sites in north-western Finland.
Skaala is the largest window and door brand in Finland. The company currently employs around 400 people and had a turnover of EUR 96 million in 2016.
Lawyers involved
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.
Value undisclosed
Lawyers involved
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.
Value undisclosed.
Lawyers involved
Financing of the acquisition by Kämp Group of three upscale hotels
Waselius & Wist advised Kämp Group, the leading Finnish luxury and lifestyle hotel group majority owned by funds managed by CapMan, in the financing of its acquisition of Hotel Haven, Hotel Fabian and Hotel Lilla Roberts. The arrangement will further strengthen Kämp Group’s position as the leading operator of luxury and lifestyle hotels in Helsinki.
Value undisclosed.
Lawyer involved
Sale of kh-kiinteistöpalvelut -group
Waselius & Wist represented the Sellers in the sale of kh-kiinteistöpalvelut -group, a leading property maintenance provider in the Greater Helsinki Area, to Vaaka Partners.
Value undisclosed
Lawyer involved
Acquisition by Kämp Group of Klaus K
Waselius & Wist advises Kämp Group, the leading Finnish luxury and lifestyle hotel group majority owned by funds managed by CapMan, in its acquisition of Klaus K, Finland’s first real design hotel, and the related financing arrangements.
Value undisclosed.
Lawyer involved
Acquisition by Sagax of real estates in Finland
Waselius & Wist represented Sagax (listed on NASDAQ OMX Stockholm) in three separate acquisitions of three real estates located in Helsinki, Finland.
Value: approximately EUR 17,000,000.
Lawyer involved
Sale of hotel property Scandic Luosto by Pandox
Waselius & Wist represented Pandox, one of Europe’s leading hotel property companies, in the sale of hotel property Scandic Luosto to North Europe Tours Oy.
Lawyer involved
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