Castrén & Snellman Strengthens Real Estate Practice – Antti Kaakkola and Matti Lajunen to Head New Real Estate Investments & Transactions Service
Castrén & Snellman is sharpening its service offering for the real estate market by establishing a new Real Estate Investments & Transactions service. Counsel Antti Kaakkola and Matti Lajunen, who have advised in some of Finland’s largest real estate projects, will head the new service.
‘Our firm is continually involved in Finland’s largest real estate transactions, and our services are in demand amongst investors, developers and industrial companies alike. We are now making these services more readily available to our clients. Antti and Matti have ambitious plans for developing this practice. They have put together a highly skilled team, which we will be reinforcing through recruiting this spring’, says Managing Partner Sakari Lukinmaa.
Finland’s real estate market hit record highs in both 2016 and 2017, with the relative proportion of international investors showing particular growth. Extensive development projects have brought with them new ways of implementing otherwise quite traditional real estate investment activities. The planned amendments to tax legislation are also adding new facets to real estate investments.
‘We are eager to develop our services for funds and other real estate investors and developers. Our new service covers the entire real estate investment life cycle, from fund formation through acquisition and ownership to exit. The versatile expertise of our firm and our experts means that we are in an excellent position to provide practical solutions for the needs of full range of clients in this industry’, say Kaakkola and Lajunen.
Antti Kaakkola and Matti Lajunen both have years of experience of a wide range of real estate industry assignments and negotiating the related agreements. The Real Estate Investments & Transactions team has been involved in real estate transactions worth several billion euros, including many of Finland’s largest real estate transactions and development projects of the past few years.