What we are looking for:

We are looking for associates and senior associate to join our team at Aleksandra Attorneys.

Who we are:

We are an independent Helsinki-based boutique business law firm focused on real estate, mergers and acquisitions and private equity transactions. We represent leading Finnish, Nordic and international investment funds, institutional investors, as well as private and listed companies. We are highly ranked by international research companies such as Chambers & Partners and The Legal500.

We are dedicated to delivering high-quality service and pragmatic solutions for our clients. We strive to be recognised for our commitment to carry out every assignment in a manner that our clients can be fully satisfied with all aspects of our work. Therefore, each person involved in an assignment has a vital role in the success of the firm.

What we offer:

We offer you an opportunity to work as part of our experienced team with some of the most significant assignments on the Finnish market. As our focus is not on the number of lawyers and our firm has a lower associate-to-partner ratio than most other firms in the fields of law we practice, younger members of our team can undertake important work right away.

Our way of working underlines seamless and non-hierarchical teamwork with a solution-driven attitude. We want to foster this culture and enable you to become a high-end professional with us.

What we expect:

You have graduated from a Finnish law school and want to work with assignments related to real estate, mergers and acquisitions and private equity. Due to the nature of our assignments, you should have excellent proficiency in Finnish and English. Other language skills, such as Swedish, are considered as assets. We also appreciate a high eagerness to learn new things and a willingness to take up new challenges.

For the associate positions either you are newly graduated with experience from a business law firm in fields of real estate, mergers and acquisitions or private equity as a trainee or you have already gained some working experience in said fields of law after your graduation. For the senior associate position you have at least 3 years of experience in real estate, mergers and acquisitions or private equity related assignments from a business law firm.

When and where:

Please submit your curriculum vitae and application to rami.laatsalo@aleksandralaw.fi by 14 February 2021. However, we encourage you to apply as soon as possible as the positions will be filled as we find suitable candidates.

For additional information, please contact our partner Rami Laatsalo by calling (tel. 050 300 7172) or by e-mail (rami.laatsalo@aleksandralaw.fi).

Aleksandra advised a major Nordic retail investor Cibus Nordic Real Estate AB (publ) on the acquisition of a grocery portfolio of 5 grocery and retail assets from a Finnish property development company. Cibus’ shares are listed on Nasdaq First North in Stockholm.

Aleksandra advised a fund managed by CapMan on its divestment of an office property to a private investor.

Aleksandra advised OP-Rental Yield, a special investment fund managed by OP Real Estate Asset Management Ltd, on its acquisition of a residential property from the Finnish construction company YIT. The acquired property is located in Oulu, Finland. The acquired residential property is a part of the residential complex developed by YIT.

The target property is currently under construction and is planned to be completed in 2021.

Aleksandra advised a major Nordic retail investor Cibus Nordic Real Estate AB (publ) on the acquisition of a major grocery portfolio consisting of 18 retail and grocery assets. The sellers are entities managed by Trevian Asset Management.

Cibus’ shares are listed on Nasdaq First North in Stockholm.

Aleksandra advised Capman Hotels on its divestment of a hotel property located at Hämeenlinna, Finland to an affiliate of Osuuskauppa Hämeenmaa.

According to the Legal 500 EMEA, our team receives compliments from the clients due to our experience and quality of work: “Flexible and innovative team with a long and wide experience in real estate” and “Aleksandra has a small, specialised team, who have a very deep understanding of the business side of things, not only legal. The whole team is very hands-on and you can always rely on their great quality of work”. Further, clients compliment Aleksandra due to the level of our commitment as well as due to our solution-oriented approach: “An extremely committed attitude to every assignment. A very flexible and professional way to work in stressful situations. Ability to find a compromise solution even in difficult situations”, “Very good and flexible team, deep understanding of market practice” and “Service minded. Extremely solutions oriented”.

Our partners receive outstanding recognition as Samuli Palin is described by a client as “one of the most experienced lawyers in the business / market. He has an exceptional understanding of the commercial side of the business and he can reflect that smoothly into the legal side of the matter” while Rami Laatsalo is complimented due to his way of work by a client: “a very experienced and professional way to work and find solutions to even the toughest issues. Analytical and pragmatic ability to justify arguments”. In addition, Legal 500 EMEA appoints Samuli Palin as a leading individual in the field of the Real Estate and Construction.

The Legal 500 is one of the most prestigious merit-based legal ranking publications in the world, which annually assesses law firms in over 150 jurisdictions. The rankings are based on profound analysis of feedback received from clients and peers.

Aleksandra advised GNRE Fund II, a Luxembourgian fund managed by Genesta, on its divestment of the fully leased major logistics property that is comprised of 66,900 square metres and awarded with BREEAM In-Use Good certificate. The property is located in the Juvanmalmi industrial area in Espoo, Finland.

Aleksandra advised GNRE Fund II on the acquisition of the target property in 2018.

Chambers describes Aleksandra’s team as strong department that advises both domestic and international clientele.

According to Chambers the clients appreciate that the group “can adapt to all kinds of different negotiations and situations” and the clients praise Aleksandra by approving the team’s “extensive knowledge in lease agreements”. Further, as regards our partners, Chamber quotes clients to describe Rami Laatsalo as “good with details and hard-working” while Samuli Palin is described as follows “He is very experienced lawyer in the real estate sector. He is a hard negotiator, but is also business-oriented”. In addition, Samuli Palin is ranked in Chambers’ highest category (Band 1) for individual real estate lawyers.

Chambers and Partners is one of the most prestigious legal ranking publications in the world. The rankings are largely based on feedback from clients and peers and highlight the practice area teams and practitioners who are providing the most cutting edge and innovative advice to corporate counsel

Aleksandra advised major Nordic retail investor Cibus Nordic Real Estate AB (publ) on the acquisition of shares of two retail premises that are located in Espoo and Helsinki. Cibus’ shares are listed on Nasdaq First North in Stockholm.

Aleksandra advised UB Finland Property, a special investment fund managed by UB Fund Management Company Ltd, on the acquisition of an industrial property.

Aleksandra advised major Nordic retail investor Cibus Nordic Real Estate AB (publ) on the acquisition of a newly-developed retail asset from a Finnish construction company. Cibus’ shares are listed on Nasdaq First North in Stockholm.

Aleksandra advised a major Nordic retail investor Cibus Nordic Real Estate AB (publ) in the acquisition of a grocery portfolio of 5 grocery and retail assets from a Finnish property development company. Cibus’ shares are listed on Nasdaq First North in Stockholm.

Aleksandra advised Kielo, a real estate company managed by Brunswick Real Estate, on its acquisition of a modern office property. The property is located in Leppävaara, Espoo and the seller was a fund managed by Savills IM.

Aleksandra advised a major Nordic retail investor Cibus Nordic Real Estate AB (publ) on the acquisition of a grocery portfolio consisting of three grocery and retail assets. Cibus’ shares are listed on Nasdaq First North in Stockholm

Aleksandra advised Renor, a major Finnish real estate development company, in an arrangement wherein the majority share in a office property was sold to Trevian Finland Properties I. The 31,000 square metres property is located in Lahti, Finland.

Aleksandra advised OP-Rental Yield, a special investment fund managed by OP Real Estate Asset Management, on its acquisition of an industrial property in Helsinki.

Aleksandra advised a major German real estate investor Union Investment, acting on behalf of the open-ended special real estate fund DIFA-Fonds Nr. 3, on the acquisition of an office property located in the Helsinki city centre (so called Martha House). The fully let multi-tenant building was originally constructed in 1900.

Aleksandra advised Varma Mutual Pension Insurance Company on negotiations regarding the development and leasing of the central Helsinki’s largest conference hotel with an overall lettable area of approximately 22,000 square metres and 350 hotel rooms. The construction will start in 2020 and is expected to be completed in 2022. The hotel under development was leased to Scandic Hotels Oy, an affiliate of Scandic Hotels Group Ab (Publ).

Aleksandra advised Kielo, a real estate company managed by Brunswick Real Estate, on its acquisition of two modern office properties. The properties are located in Leppävaara and Matinkylä, in Espoo and the seller was OP Life Assurance Company.

Aleksandra advised Antilooppi on its divestment of a historical warehouse property in downtown Helsinki. Antilooppi is a major Finnish property investor founded by two major pension insurance companies in the Nordic countries, Finnish Ilmarinen and Swedish AMF.

Aleksandra advised sellers in their divestment of H&H Tuonti Oy to an affiliate of Bergman & Beving AB, a Swedish company listed on Nasdaq Stockholm. H&H Tuonti Oy is a Finnish company focusing on import and wholesale of tools, machines and accessory for fastening as well as on construction, design and sales of negative pressure machines.

Aleksandra advised major Nordic retail investor Cibus Nordic Real Estate AB (publ) on the acquisitions of four retail properties. The sellers comprised of a construction company as well as private investors.

Cibus’ shares are listed on Nasdaq First North in Stockholm.

Aleksandra advised a major Nordic retail investor Redito on its divestment of two retail properties to French investor Corum.

Aleksandra advised OP-Rental Yield, a special investment fund managed by OP Real Estate Asset Management Ltd, on its acquisition of a portfolio of ten residential properties with 547 apartments. The seller was a fund managed by LocalTapiola Real Estate Capital Funds Ltd.

The properties contained in the portfolio have been built between 2014 and 2016 and the properties  are located in the Helsinki Metropolitan Area as well as in other major Finnish university cities.

Aleksandra advised Kielo, a real estate company managed by Brunswick Real Estate, on its acquisition of an office building from Finnish Centre for Pensions. The 12-floor office building serves as the headquarters of Finnish Centre for Pensions and is centrally located in the Pasila business district of Helsinki.

Aleksandra advised OP-Rental Yield, a special investment fund managed by OP Real Estate Asset Management Ltd, on its acquisition of a light industrial property located at Kauklahti industrial area in Espoo, Finland. The acquired property serves as headquarters and manufacturing plant of Lumene Oy, a Finnish manufacturer of cosmetics.

Aleksandra advised CapMan Nordic Real Estate II FCP-RAIF, a luxembourgian fund managed by CapMan, on its acquisition of a historic office and retail property in Helsinki CBD.

The property is the fund’s third acquisition to its City Pearls portfolio investing in prime and unique office and retail properties in central Helsinki.

Aleksandra advised Antilooppi in its two separate acquisitions of three office properties located at Stella Business Park complex in Leppävaara Espoo. The office properties Stella Nova and Stella Solaris were sold by Elo Mutual Pension Insurance Company and the office propery Stella Luna was sold by Fennica Properties I non-UCITS fund. Aleksandra also advised Antilooppi in its acquisition of the office property Stella Terra from Cronwell Property Group and its capital investor partner in June 2018. The combined purchase price for Stella Business Park complex was EUR 63 million.

Antilooppi is a major Finnish property investor founded by two major pension insurance companies in the Nordic countries, Finnish Ilmarinen and Swedish AMF Pensionsforsäkring.

Aleksandra rises in the rankings of the 2019 edition of the Legal 500 EMEA. According to the Legal 500, the sources have highlighted the practice led by our partner Samuli Palin as “talented, business-oriented and effective” while our partner Rami Laatsalo has been praised for being a “talented negotiator”.

The Legal 500 is one of the most prestigious merit-based legal ranking publications in the world, which annually assesses law firms in over 150 jurisdictions. The rankings are based on profound analysis of feedback received from clients and peers.

Aleksandra advised major Nordic retail investor Cibus Nordic Real Estate AB (publ) in the acquisition of a portfolio consisting of five newly built retail and grocery assets. The seller is a domestic developer together with a group of investors.

Cibus’ shares are listed on Nasdaq First North in Stockholm.

Aleksandra continues to strengthen its rankings in the 2019 edition of Chambers Europe. According to Chambers and Partners, Aleksandra is known as “Strong department with growing recognition in the market. Advises domestic and international clients on property acquisitions and divestments in Finland, including forward-funding transactions. Deals frequently involve office real estate, as well as hotel properties. Acts for noteworthy funds, investors and developers” and the sources have highlighted Aleksandra as “client-focused service and impeccable advice” and additional sources praise the “service-minded, pragmatic” lawyers and their “quick response times.”

Chambers and Partners recognises our partner Samuli Palin as Band 1 lawyer and, according to the clients, Samuli Palin is “recognised as one of the top lawyers in the business” and “He has an in-depth understanding of all the different legal aspects of a property transaction.”

Chambers and Partners also ranks our partner Rami Laatsalo and the sources say that “His approach in real estate transactions is business-minded and solution-oriented. His knowledge on financing and general corporate law is definitely an asset.”

Chambers and Partners is one of the most prestigious legal ranking publications in the world. The rankings are largely based on feedback from clients and peers and highlight the practice area teams and practitioners who are providing the most cutting edge and innovative advice to corporate counsel.

Aleksandra advised major Nordic retail investor Cibus Nordic Real Estate AB (publ) in the acquisition of a single retail asset. The seller is a Finnish developer. Cibus’ shares are listed on Nasdaq First North in Stockholm.

Aleksandra advised OP-Rental Yield, a special investment fund managed by OP Real Estate Asset Management Ltd, on its acquisition of a residential property from the Finnish construction company YIT. The residential 18-floor property is a part of the Hertsi complex, which is comprised of retail, care and residential premises and located at the Herttoniemi district of Helsinki. The purchased residential property is currently under construction and is planned to be completed in Spring 2021.

The executed transaction is the largest single property transaction in the history of OP-Rental Yield.

We are happy to announce that our team has grown by two associate lawyers, Michelle Merlich and Katarina Rantala. Michelle and Katarina will assist our clients in particular in real estate transactions and other property related matters.

Aleksandra advised Genesta Nordic Real Estate Fund II on its divestment of the extensively refurbished office property located in the Helsinki CBD. The purchaser was Schroder Nordic Real Estate Fund.

Aleksandra advised major Nordic retail investor Cibus Nordic Real Estate AB (publ) on its divestment and acquisition of two retail properties located in Finland. Cibus’ shares are listed on Nasdaq First North in Stockholm.

Aleksandra advised major global real estate investor Commerz Real on its acquisition of a high-rise Tripla Workery office complex for its open-ended real estate fund Hausinvest from the Finnish construction company YIT. The office complex located in the Pasila district of Helsinki is currently under construction, and it will comprise three office towers with the overall lettable area of approximately 50,000 square metres. The office towers are a part of Tripla complex which is Finland’s largest ongoing urban development project and the executed transaction is the largest single office property transaction in the history of YIT. Telia Finland’s head office will, among others, be located in the office towers.

Aleksandra advised CapMan Nordic Real Estate II FCP-RAIF, a luxembourgian fund managed by CapMan, on its acquisition of an office property located in Helsinki CBD. The seller was Aberdeen Standard Investments.

Aleksandra advised a major Nordic retail investor Redito on its acquisition of a retail portfolio comprised of sixteen properties mainly let to Kesko, Tokmanni and S Group. The seller of the portfolio was Elite Kiinteistökehitysrahasto I fund and the purchase price of the portfolio was approximately EUR 44,500,000.

What we are looking for:

We are looking for associate lawyers to join our team at Aleksandra Attorneys.

Who we are:

We are an independent Helsinki-based business law firm focused on real estate, mergers and acquisitions and private equity transactions. We represent leading Finnish, Nordic and international investment funds, institutional investors, as well as private and listed companies.

We are dedicated to delivering high-quality service and pragmatic solutions for our clients. We strive to be recognised for our commitment to carry out every assignment in a manner that our clients can be fully satisfied with all aspects of our work. Therefore, each person involved in an assignment has a vital role in the success of the firm.

What we offer:

We offer you an opportunity to work as part of our experienced team with some of the most significant assignments on the Finnish Market. As our focus is not on the number of lawyers and our firm has a lower associate-to-partner ratio than most other firms in the fields of law we practice, younger members of our team can undertake important work right away.

Our way of working underlines seamless and non-hierarchical teamwork with a solution-driven attitude. We want to foster this culture and enable you to become a high-end professional with us.

What we expect:

You have graduated from a Finnish law school and want to work with assignments related to real estate, mergers and acquisitions and private equity. You preferably have 1-2 years prior working experience from a business law firm in said fields of law as a trainee or after your graduation. We also appreciate a high eagerness to learn new things and a willingness to take up new challenges.

Due to the nature of our assignments, you should have full proficiency in Finnish or Swedish and you should also have a strong written and spoken English.

When and where:

Please submit your curriculum vitae and application to rami.laatsalo@aleksandralaw.fi by 10 December 2018. However, we encourage you to apply as soon as possible as the positions will be filled as we find suitable candidates.

For additional information, please contact our partner Rami Laatsalo by calling (tel. 050 300 7172) or by e-mail (rami.laatsalo@aleksandralaw.fi).

Aleksandra advised major Nordic retail investor Cibus Nordic Real Estate AB (publ) on its acquisition of a portfolio of six properties let to Kesko and Tokmanni. The sellers were funds managed by WasaGroup Funds Oy, a Finnish real estate fund manager and developer. The purchase price for the portfolio was EUR 30 million. Cibus is a real estate company listed on Nasdaq First North in Stockholm.

Aleksandra advised OP Toimitilakiinteistöt on its acquisition of a fully-let multipurpose property under construction from SRV Construction. The property is located in Vantaa nearby the Helsinki-Vantaa Airport. The construction of the property will be completed in 2019.

Aleksandra advised Ilmarinen Mutual Pension Insurance Company on its disposal of a warehouse property located in Vantaa to an affiliate of the Swedish listed property investment company AB Sagax (publ). The property comprised of 62,300 square metres of lettable area. Out of the purchase price, SEK 165 million was paid through 4,900,000 newly issued series D shares, corresponding to 1.8 percent of the capital and 1.2 percent of the votes in AB Sagax (publ).

Aleksandra advised CapMan Nordic Real Estate II FCP-RAIF on its acquisition of an office property in downtown Helsinki.

Aleksandra advised special investment fund UB Nordic Property on the acquisition of the Vallila Interior headquarter property located at the business district of Vallila, Helsinki, through a sale and leaseback arrangement.

Aleksandra advised CapMan’s hotel fund on leasing arrangements with Scandic Hotels and Lapland Hotels wherein the parties signed several new lease agreements and extended existing lease agreements. Following the new lease agreements, the maturity of the entire portfolio was extended to 19.2 years. CapMan Hotels RE Ky fund was established in 2008 and it currently manages 30 hotel properties in Finland and Sweden.

Aleksandra advised OP Toimitilakiinteistöt on its divestment of a modern multi-use property located in Tampere, Finland next to Tampere University Hospital to eQ Hoivakiinteistöt, a Finnish property fund managed by eQ Asset Management. The property is let to multiple health industry-oriented tenants including Pirkanmaa Hospital District.

Aleksandra advised Kielo, a real estate company managed by Brunswick Real Estate, on its acquisition of two office properties located in Turku CBD, Finland from Turun Teknologiakiinteistöt. The buildings are fully let to the City of Turku.

Aleksandra advised GNRE Fund II, a Luxembourgian fund managed by Genesta, on its acquisition of the landmark office property Porkkalankatu 3 located in Ruoholahti Helsinki, Finland. The seller was a fund managed by Nordic real estate investor Niam. The building was previously the headquarters of Kemira.

Aleksandra advised Kielo, a real estate company managed by Brunswick Real Estate, on its acquisition of an office property located in Lahti CBD, Finland.

Aleksandra advised Renor, a major Finnish real estate development company, in its divestment of a residential property located in Lahti, Finland to Touko Capital.

Aleksandra advised a major Nordic retail investor Cibus Nordic Real Estate AB (publ) on its two separate acquisitions of a total of three assets to its portfolio in Finland. The main tenants at the properties are Tokmanni, Lidl and Halpa-Halli. Cibus’ shares are listed on Nasdaq First North in Stockholm.

Aleksandra advised CapMan’s hotel fund on its divestment of a hotel portfolio comprising of six hotel properties located in Finland to French investor Corum Asset Management, which was acting on behalf of its fund Corum Convictions SCPI. The hotels comprise 870 rooms and have long-term leases with Scandic Hotels and Holiday Club. The purchase price of the portfolio was EUR 72.4 million.

Aleksandra advised Skanska CDF on its divestment of a prime office building under construction to Senaatti-kiinteistöt with a total purchase price of approximately EUR 53 million. The property is located at the Sörnäinen area in Helsinki, Finland and the construction of the property will be completed during 2019.

Aleksandra advised Antilooppi in its acquisition of two multi-let office properties with a total lettable area of approximately 17,700 square metres from Cromwell Property Group and its capital investor partner. The properties are located at business disctricts of Vallila in Helsinki and Leppävaara in Espoo, Finland and the purchase price of the transaction was approximately EUR 43,1 million. Antilooppi is a major Finnish property investor founded by two of the largest pension insurance companies in the Nordic countries, Finnish Ilmarinen and Swedish AMF Pensionsforsäkring.

Aleksandra advised Antilooppi in its acquisition of an office property located in Helsinki, Finland from Aberdeen Standard Investments. The acquired property is situated in the Vallila business district where various large companies have their headquarters. Antilooppi is a major Finnish property investor founded by two of the largest pension insurance companies in the Nordic countries, Finnish Ilmarinen and Swedish AMF Pensionsforsäkring.

Aleksandra is ranked in the 2018 edition of the Legal 500 EMEA and partners Rami Laatsalo, Leif Laitinen and Samuli Palin are highlighted as recommended lawyers.

The Legal 500 is one of the most prestigious legal ranking publications in the world. The rankings are largely based on feedback from clients and peers and highlight the practice area teams and practitioners who are providing the most cutting edge and innovative advice to corporate counsel.

Aleksandra advised Renor, a major Finnish real estate development company, in its disposal of a landmark property located in Tampere, Finland to special investment fund Trevian Finland Properties I. The sold PMK-building is located on the edge of Tampere CBD area, in a rapidly developing location, approximately 600 meters from the railway station. The building was originally built as a sales office and warehouse for cotton industry in 1937, from which the name PMK-building derives from.

Aleksandra is ranked in the 2018 edition of Chambers Europe.

Chambers says: “A promising new firm entering the rankings this year due to its growing recognition in the market. Advises on significant transactions and is a popular choice with international funds investing in Finnish real estate. Additionally acts for construction and development clients.”

According to Chambers, clients describe the team as “effective,” and praises Aleksandra’s “very good understanding of the underlying business.” Further, another Chambers’ source adds that “they are very prudent” and “their response time is very good.”

In addition to the above, Samuli Palin is ranked in Chambers’ highest category (Band 1) for individual real estate lawyers. Pursuant to Chambers, Samuli Palin receives clients’ praise for his “excellent negotiation skills” as well as his “superior commercial understanding.”

Aleksandra advised the real estate funds Sirius Fund I Grocery and Sirius Fund II on disposal of entire holdings of the funds to the newly-established Cibus Nordic Real Estate AB, which is being listed on Nasdaq First North in Stockholm, where the first trading day of the company’s share is 9 March 2018. The funds remain as shareholders of Cibus Nordic Real Estate AB.

The total value of the disposed portfolio is EUR 767 million and it is comprised of 123 daily-good assets with a total area of 437,860 square metres. Aleksandra also advised the funds in the majority of 26 acquisitions, which were made since 2015 to compile the disposed portfolio.

Aleksandra advised GNRE Fund II, a Luxembourgian fund managed by Genesta, on its acquisition of the 66,680 square metre logistics property Juvan Teollisuuskatu 25 located in Espoo, Finland. The seller was a fund managed by J.P. Morgan Asset Management.

Aleksandra advised OP-Rental Yield, a special investment fund managed by OP Real Estate Asset Management Ltd, on its acquisition of an office property in the Helsinki metropolitan area.

Aleksandra advised special investment fund UB Nordic Property on its investment in a research, development and office development project in Sweden by way of a forward-funding transaction. The research, development and office centre is constructed for a subsidiary of Cargotec Corporation. Simultaneously with the entering into of the project, a long-term triple net lease agreement was signed with the subsidiary of Cargotec Corporation. The project is expected to be completed during the autumn of 2018.

Aleksandra advised Veritas Pension Insurance Company on its investment and financing of a development project in Espoo, Finland, comprising of a high-end, 192-room hotel, and two apartment hotels to be built to the west of the Matinkylä metro centre and the Iso Omena shopping centre extension. The project also includes a new shared underground car parking facility with a capacity for 231 vehicles. The project is expected to be completed by the end of 2020 and has a total project value of approximately EUR 60 million. Aleksandra also advised Veritas in relation to the financing of the development project.

Aleksandra advised OP-Rental Yield, a special investment fund managed by OP Real Estate Asset Management Ltd, on its acquisition of a residential property in Helsinki.

Aleksandra advised Exilion on its disposal of a landmark headquarter property, known as the former headquarters of Nokia Corporation, comprising of two office buildings and a parking facility located in Keilaniemi, Espoo, to a fund managed by Deutsche Asset & Wealth Management. The office buildings have a lettable area of approximately 31,000 square metres and the parking house has approximately 1,250 parking spaces. The total underlying property value for the transaction was approximately EUR 164 million, corresponding to a net initial yield of approximately 4.65 per cent.

The property now sold is a part of the entity Exilion acquired from Nokia Corporation in 2012. One of the office buildings in the entity was sold by Exilion in 2014 to a fund managed by AXA Real Estate. In addition to the property now sold, partners at Aleksandra Attorneys also advised Exilion in both the initial acquisition from Nokia Corporation in 2012 and the office building sold to AXA in 2014.

Aleksandra advised Real Estate Fund Finland III Ky, a fund managed by OP Real Estate Asset Management Ltd, on its acquisition of properties in well-known Himos holiday resort.

Aleksandra’s lawyers have received endorsements in the eighth edition of Best Lawyers in Finland.

Rami Laatsalo (Real Estate Law)

Samuli Palin (Mergers and Acquisitions Law, Private Equity Law, Real Estate Law and Venture Capital Law)

The list of Best Lawyers is based entirely on peer review in which leading lawyers already highlighted in the publication evaluate their professional peers.