Liquidation Proceedings - Castrén & Snellman

Liquidation Proceedings

When winding up a company’s operations, one option to consider is voluntary liquidation.

We will handle the management of the company as a whole once liquidation starts. You will also benefit from the extensive experience of our tax experts in liquidations proceedings.

Latest references

Prisma Properties – Acquisition of a retail property

We advised Prisma Properties in a real estate transaction in which the company acquired a retail property in Helsinki from Hartela. The acquired property was built specifically for the discount retailer Jula. Completed in October 2025, the property is modern and very energy-efficient, and it is fully leased to Jula under a 10-year lease agreement. The property located in the Konala district, adjacent to the busy Ristikko shopping centre, spans 2,600 square metres. Prisma Properties is a fast-growing developer and long-term owner of modern properties for discount retail, grocery retail, and quick-service restaurants. The company operates across the Nordics and manages a property portfolio valued at approximately EUR 650 million, primarily consisting of newly developed properties with long lease agreements.

SRV – Sale of SRV Infra

We advised SRV Group Plc in its sale of SRV Infra Ltd to Kreate Ltd. The completion of the transaction is subject to regulatory approvals. The parties expect the transaction to be closed by the end of 2025. SRV, established in 1987, is a Finnish developer and innovator in the construction industry. The company is listed on the Helsinki Stock Exchange. In 2024, SRV’s revenue totalled EUR 745.8 million.

Suomen Aurinkovoima – Financing arrangement to build solar parks

Castrén & Snellman acted as legal advisor to Suomen Aurinkovoima Oy and its owners in a financing tender process and a financing arrangement implemented with Danske Bank to secure financing for the company’s future solar park projects. Suomen Aurinkovoima, established by Oulun Seudun Sähkö, Oulun Energia, Vantaan Energia and Savon Voima, is a company focused on increasing domestic solar power. The company manages solar park projects from planning to implementation and maintenance, and its goal is to build dozens of new solar parks across Finland by 2030.

DNB Bank ASA – Lease and development of premises

We advised DNB Bank ASA in its agreement with Fennia Mutual Insurance Company on the development and lease of the premises at Fabianinkatu 8, Helsinki. With the lease agreement, DNB Bank ASA will focus all its Finnish operations at the Fabian 8 office. The other tenants at the renewed premises will be DNB Carnegie Investment Bank AB’s Finnish operations and DNB Auto Finance Oy. In connection with the long-term lease agreement, the parties also agreed on a major renovation project to completely refurbish the premises. The object of lease will be completed in the second half of 2027.

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