Sustainable success stories

Sustainable success stories

We are a trusted legal advisor in mergers and acquisitions, disputes and other specialised fields of business law. Our mission is to help our clients build sustainable success stories.

03.01.2025 – Environment, Energy & Green Transition
Finland’s new Building Act entered into force at the beginning of 2025
23.12.2024
Growth ahead
10.12.2024
Castrén & Snellman continues to support humanitarian work in Ukraine with holiday donation

Latest references

eQ Community Properties Fund – Acquisition of a property portfolio
We advised eQ Community Properties Fund in its acquisition of a property portfolio comprising a health centre in Espoo, a daycare property in Vantaa, an elementary school in Helsinki, and a parking facility property in Helsinki from Ilmarinen Mutual Pension Insurance Company. The lettable area of the first three properties is approximately 13,900 sq.m., while the parking facility offers 120 parking spaces. The portfolio’s tenants include the City of Helsinki, the City of Vantaa, the Western Uusimaa Wellbeing Services County, and Aimo Park Oy. In connection with the transaction, Ilmarinen invested in eQ Community Properties fund as per 31 December 2024.
Case published 9.1.2025
Finnish manufacturing company – Arbitration proceedings under the SCC rules
We successfully represented a Finnish manufacturing company in arbitration proceedings under the SCC rules against a global construction company. The dispute was governed by Finnish law and the seat of arbitration was Stockholm, Sweden. The dispute mainly concerned the termination of an erection contract and the right to compensation for delays of the project and for cost increases due to Russia’s invasion of Ukraine. The main questions in dispute were the lawfulness of the termination of the erection contract as well as the consequences of the termination such as the right to costs to complete the project after termination, the right to liquidated damages for delay of the project and adjustment of contract price due to cost increases. The total value of the dispute exceeded EUR 15 million.
Case published 8.1.2025
Korkia Oy – Renewable energy loan agreement
We advised Korkia Oy in its loan agreement with Nordic Environment Finance Corporation. The financing will support the development and international scale-up of Korkia’s pipeline of solar energy, battery energy storage system (BESS) and onshore wind projects. Korkia is a dedicated investor in renewable energy operating in nine countries. It has a robust development pipeline of over 20 GW in renewable energy and energy storage projects.
Case published 7.1.2025
Commerzbank – Vessel construction financing for Meyer Turku
We acted as the Finnish law legal advisor to Commerzbank AG, which served as the coordinator, bookrunner, documentation agent, facility agent and security agent of an international banking syndicate. This syndicate provided an ECA-covered construction financing facility of more than EUR 1 billion for the Finnish shipyard company Meyer Turku Oy. The loan facility will be used on the construction of one new passenger cruise ship. The newbuilding is the third of the ICON class. According to Meyer Turku Oy the ICON-class ships are the world’s most advanced and the most environmentally friendly cruise ships of their owner, Royal Caribbean Cruise Lines.
Case published 30.12.2024
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Client feedback

For several years, our clients have named us one of the top law firms in Finland. We stand out for our straight-forward way of working, our true collaboration across teams and our long tradition of exceeding expectations.

The dispute resolution team at Castrén & Snellman are highly qualified and skilled, and able to handle complex matters while also taking into account the strategic and business aspects

Chambers Global, Dispute Resolution

Castrén & Snellman provides pragmatic legal advice without taking any shortcuts. The lawyers are extremely knowledgeable within their legal fields, about the different practice areas and about the Finnish and Nordic market.

Chambers Global, M&A

C&S has handled many of the biggest real estate transactions in Finland during the past few years. The quality of the work is impeccable.

The Legal 500, Real Estate

I highly appreciate their solution oriented approach and readiness to discuss not only about legal matters per se but also deal tactics and negotiation points from our viewpoint, and also how things might look at the opposite side of the table.

The Legal 500, M&A

Castrén & Snellman’s team provides a timely service with a flexible, can-do attitude. They are capable of handling complex assignments, and facilitate and drive processes in a comprehensive way.

Chambers Europe, TMT

Latest insights

Article published 3.1.2025 – Real Estate Investments & Transactions Finland’s new Building Act entered into force at the beginning of 2025 Article published 23.12.2024 Growth ahead Article published 30.10.2024 – Environment, Energy & Green Transition New siting permit for clean energy transition projects proposed for inclusion in the Building Act Article published 22.10.2024 – Corporate Crime & Investigations New Directive on sanctions offences to harmonise penalties for violating EU sanctions
Insights

About us

Decades of supporting our clients’ success have enabled us to grow into a leading law firm of 300 people. We are the forerunners of demanding legal services in mergers and acquisitions, dispute resolution and the full scope of business law. We are based in Helsinki, Finland.

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Sustainability

Sustainability is a goal that we share with our clients. We help our clients succeed in the rapidly changing regulatory framework of ESG and integrate our sustainability knowhow across our full-service offering.

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