Real Estate

Real Estate

Finland is increasingly integrated with the international real estate markets. As a politically stable Eurozone country, Finland is an attractive market for investors. The Helsinki Metropolitan Area and other Finnish growth centres are the site of many hotel, office and ambitious entertainment centre development projects—both renovations and greenfield investments. Finland’s social and healthcare reform and aging population are driving the construction and purchasing of healthcare properties.

The major long-term trends visible on the Finnish real estate markets are digitalisation and urbanisation. The integration of real estate technology helps reduce environmental load, increases property values and provides income to owners. The growth of urban centres is giving rise to new uses of space. More and more city dwellers work in co-working spaces, and sharing platforms are becoming more common in residential solutions, as well.

We are a forward-looking legal advisor who can help you guide your real estate project through a shifting landscape.

Latest references

We advised Swedbank AB (publ) on the refinancing of a large Finnish retail real estate portfolio owned by Trophi’s Finnish subsidiaries. Trophi is the leading Nordic real estate company focusing on grocery anchored retail properties, with 278 properties across Sweden and Finland. Finland is a market that continues to develop and is also strategically important for Trophi, accounting for approximately 30% of Trophi’s letting and property value.
Case published 17.7.2026
We advised a special investment fund managed by Mandatum on the sale of the PMK Building, a mixed-use commercial property located in Tammela, Tampere. The property hosts dozens of tenants and offers, inter alia, warehouse, production and office premises.
Case published 13.7.2026
We acted as joint legal advisor for Nordea Bank Abp and Avain Yhtiöt in an approximately EUR 48 million financing arrangement which included facilities for refinancing of an existing real estate portfolio and also for acquisition and property development purposes. The financing arrangement strengthens Avain Yhtiöt’s objective to build and maintain a functional, safe and environmentally friendly living environment, as well as to develop the overall quality of housing and construction. Avain Yhtiöt is a Finnish group specialising in housing and housing-related services, construction contracting and new construction. Its goal is to build 1,000 new apartments per year in key growth areas in Finland.
Case published 2.7.2026
United Bankers – Sale of three care properties
We advised United Bankers on the sale of three care properties to Kinland AS. The buildings were completed between 2021 and 2022 and meet high technical and environmental standards. All three properties are fully leased. The portfolio has a weighted average unexpired lease term of 13 years.
Case published 1.6.2026