Land Use & Planning

Land Use & Planning

Real estate is a highly regulated field, which requires solid legal expertise.

Whether you are dealing with a particular real estate law question or are planning a more extensive project, using us as a sounding board is well worth your while. You will get insights from the best experts in the field.

Our team has advised clients in many of Finland’s largest real estate development projects and industrial projects involving complex real estate regulatory and permitting aspects. However, your question does not always need to be highly complex or difficult, as our large team can also handle your day-to-day real estate law matters.

Our services include:

  • Planning and building permits
  • Judicial proceedings in the administrative courts
  • Negotiating land use agreements with local authorities
  • Land lease agreements
  • Property formation, including three-dimensional (3D) real estate formation
  • Cumpulsory land expropriation proceedings
  • Joint arrangement and easement agreements
  • Building conservation

Our clients include private and public sector real estate developers and operators as well as domestic and international companies with  land use, planning or permitting issues.

You will get Finland’s largest team, which combines the most versatile range of real estate and environmental specialisations on the market. Depending on your needs, we can provide you with a single specialised expert or a large team of the best experts in the field.

Chambers Europe and Legal 500 rank our real estate services among Finland’s best.

Latest references

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
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
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
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