UFF – Change from Association into Foundation

UFF – Change from Association into Foundation

We help to ensure a level playing field on the market in situations where private and public service production compete or public funds are used.

Whenever the public sector plans to support businesses, state aid rules must be taken into account. We have particular experience in a wide range of state aid cases, including public funding and cooperation arrangements. Our skilled experts can provide support in diverse issues, such as industrial policy projects, real estate and construction projects and sale and purchase of public property.

  • Analysis and Counselling
  • Disputes on national and EU level
  • Notifications and complaints to the European Commission
  • Competition and Consumer Authority Proceedings on competitive neutrality 
  • Training 

Latest references

We assisted eQ Community Properties Fund in the sale of two healthcare properties to a fund managed by Northern Horizon. The properties have a total floor area of approximately 3,500 square meters. The two properties are located in Espoo and Lahti. The Espoo asset was completed in 2018 and the Lahti asset was completed in 2023. Both assets are operated by Attendo, the leading care provider in the Nordic region.
Case published 9.5.2025
We advised A. Ahlström Real Estate Ltd in its acquisition of an office complex in Pasila, Helsinki, from Avain Yhtiöt Oy. The office complex is part of a new block area that will also include three tower blocks. Construction of the block has started in early 2025 and the office building is expected to be completed by the end of 2026. The office building is located in Central Pasila, in the immediate vicinity of the Tripla shopping centre, with excellent transport connections. The office will provide modern and adaptable office space for up to 450 employees. The anchor tenant in the new premises is Avain Yhtiöt. A. Ahlström Real Estate manages the real estate and forest assets of A. Ahlström Oy. Avain Yhtiöt is a Finnish housing provider specialising in developing, constructing, and managing residential properties and housing services. Under the Avain Asunnot brand, Avain Yhtiöt and Avain Asumisoikeus own over 12,000 rental, right-of-occupancy, and service housing units across Finland.
Case published 18.3.2025
We advised OP Corporate Bank plc in a real estate financing arrangement relating to DHL Express logistics centre under construction near Helsinki Airport. In the arrangement Nrep (acting on behalf of NSF III Fund) and Pontos Group acquired Finavia’s stake of DHL Express logistics centre under construction. LEED Platinum certification will be applied for the project, and as a result of the certification, the facility is contemplated to qualify as a green loan after the construction completion date.
Case published 12.3.2025
We advised the real estate investor and developer Nrep in a EUR 100 million construction project in Helsinki, which combines build-to-rent housing and care homes within the one scheme. A fund managed by Nrep (NSF V) purchased the plot of land in Herttoniemi, Helsinki and subsequently secured planning consent to deliver a hybrid living scheme. The modern complex will offer high-quality housing and care facilities for the elderly alongside rental accommodation. We advised Nrep in both the purchase of the plot and the contracting of the care and housing complex. A total of 425 apartments and 108 care homes will be delivered across four buildings on the site. Construction is scheduled to begin in autumn 2025, with delivery targeted in 2028. The project will be implemented in accordance with Nrep’s principles of sustainable construction. The buildings will be equipped with solar panels, geothermal heat will be used throughout, and low-emission green concrete and steel will be used as materials. 
Case published 6.3.2025