Veritas invests and finances major development project in Espoo

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.