A forward-thinking approach and an understanding of the underlying business logic is present in our Real Estate team’s work. We deliver efficient and pragmatic execution of assignments on matters ranging from day-to-day letting to demanding transactions and green-field developments with complex legal and financial structures.
Our Real Estate team has in-depth knowledge and experience of the entire real estate sector, the service offering covering transactions, property development, structuring, fund formation, joint ventures, and strategic advice. To provide our clients with seamless service, our real estate team works in close cooperation with our specialists in Finance, and Dispute Resolution.
References
Acted as counsel to Gelba Fastigheter 4 AB in its acquisition of 51 percent of the shares in Host Property AB (publ) from Host AB, a subsidiary of Flying Elephant AS.
Parties:
Responda Group, a portfolio company of IK Partners, H1 Communication
Transaction:
Counsel to Responda Group, a portfolio company of IK Partners, in the acquisition of H1 Communication
Value:
Value not public
Role:
Counsel to Responda Group
Parties:
MediaMarkt Sweden, Media-Saturn-Holding GmbH, Power International AS
Transaction:
Northern European electronics retailer Power acquired 100 per cent of the shares in MediaMarkt Sweden.
Deal value:
Value not public
Role:
Counsel to Power Sweden International AS
Parties
Aneo, Marguerite Infrastructure
Transaction
Aneo has acquired of two wind farms in Sweden
Deal value
Value not public
Role
Counsel to Aneo
Parties:
Brewi ASA ("Bewi"), KMC Properties ASA ("KMC").
Transaction:
Counsel to Bewi ASA (“Bewi”) in its indirect sale of ten properties and one land plot located in Norway and Sweden.
Deal Value:
The agreed property value is approximately NOK 900 million.
Role:
Counsel to Brewi ASA ("Bewi")
Parties:
Byggma ASA (Seller), Vika Oppstart 100 AS (Buyer)
Transaction:
Counsel to Byggma ASA in its indirect sale of two industrial properties located in Norway and Sweden, respectively.
Deal Value:
Approximately EUR 22,000,000
Role:
Counsel to Byggma ASA
Parties
Sylvamo Corporation (Buyer), Stora Enso (Seller), Nymölla paper AB (Target)
Transaction
Acted as counsel to Sylvamo Corporation, a global paper company with mills in Europe, Latin America, and North America, in the acquisition of Stora Enso Nymölla Paper AB, which is operating an uncoated freesheet paper mill in Nymölla, Sweden.
Deal value
Approximately EUR 150 million
Role
Counsel to Sylvamo Corporation
Parties
Schaeffler (bidder), H2 Green Steel (target)
Transaction
Schaeffler, a leading global supplier to the automotive and industrial sectors and one of the world’s largest family companies, investment in the Swedish green impact company H2 Green Steel.
Deal Value
H2 Green Steel raises EUR 190m in series B round
Role
Counsel to Schaeffler
Parties
Sandbäckens (buyer), LH Ventteknik AB (target)
Transaction
Sandbäckens in its acquisition of LH Ventteknik AB
Deal Value
Value not public
Role
Counsel to Sandbäckens
Parties:
PCP, Kry International AB
Transaction:
Counsel to PCP in their ESG-linked Debt Financing to Kry International AB
Deal Value:
Value not public
Role:
Counsel to PCP
Parties:
Xindao, Vinga Sweden
Transaction:
Counsel to Xindao in Its Acquisition of Vinga Sweden
Deal Value:
Not public
Role:
Counsel to Xindao
Parties
Gores Guggenheim, Inc., The Gores Group and Guggenheim Capital, LLC, and Polestar.
Transaction
Gores Guggenheim, Inc. in its closing of business combination with Polestar
Deal value
The transaction implies an equity value of approximately USD 20 billion for Polestar.
Role
Legal advisor to Gores Guggenheim, Inc. together with Weil, Gotshal & Manges LLP.
Parties:
KLAR Partners, Oleter Group, Swoosh
Transaction:
Counsel to KLAR Partners backed Oleter Group in the merger between its underground infrastructure maintenance business (UIM) and Swoosh
Deal Value:
Value not public
Role:
Counsel to KLAR Partners
Parties
Slättö Core Plus and PEAB
Transaction
Hannes Snellman acted as counsel to Slättö in the formation of a joint venture with PEAB regarding investments into residential housing in Finland.
Deal Value
Value not public
Role
Counsel to Slättö Core Plus
Parties
Kingdom of Sweden (Seller), Metria AB (Target), Sikri Holding AS (Buyer)
Transaction
Counsel to the Kingdom of Sweden in the sale of Metria AB to Sikri Holding AS
Deal Value
Value not public
Role
Counsel to the Kingdom of Sweden
Parties
Oriola Corporation, Euroapotheca, Kronans Apotek and Apoteksgruppen
Transaction
Counsel to Oriola Corporation in the Formation of a Joint Venture with Euroapotheca combining the Swedish retail pharmacy chains Kronans Apotek and Apoteksgruppen.
Deal Value
EUR 700 million
Role
Counsel to Oriola Corporation
Parties
Fazer Group and Trensums Food
Transaction
Counsel to Fazer Group in its acquisition of Trensums Food
Deal Value
Not public
Role
Counsel to Fazer Group
Parties
Nivika Fastigheter AB (publ)
Transaction
Counsel to Nivika Fastigheter AB (publ) on Its IPO and Listing on Nasdaq Stockholm Main List
Deal Value
SEK 1 000 million
Role
Counsel to Nivika Fastigheter AB (publ)
Counsel to ALFA Development in Its First Acquisition in the Stockholm Region
Parties
Altaal (Buyer), NIAM (Seller), CGI HQ (Target)
Transaction
NIAM's disposal of CGI HQ located in the Helsinki metropolitan area.
Deal Value
Value not public
Role
Counsel to NIAM
Parties
Wikström Family, Granitor, Mohammed Al Amoudi, Midroc Europe
Transaction
Counsel to the Wikström Family when Midroc Becomes Granitor
Deal Value
Value not public
Role
Counsel to the Wikström Family
Parties
Gores Guggenheim, Inc., Polestar
Transaction
Counsel to Gores Guggenheim, Inc., a special purpose acquisition company (SPAC) formed by the affiliates of The Gores Group and Guggenheim Capital, LLC, in its proposed business combination with the global electric performance car company Polestar.
Deal Value
The transaction implies an equity value of approximately USD 20 billion for Polestar.
Role
Counsel to Gores Guggenheim, Inc.
Parties
Svensk Plaståtervinning i Motala AB
Transaction
Counsel to Svensk Plaståtervinning i Motala AB in its acquisition and development of an industrial property
Deal Value
Total investment approximately SEK 1 billion
Role
Counsel to Svensk Plaståtervinning i Motala AB
Parties
Nyfosa Finland AB
Transaction
Counsel to Nyfosa in acquisition of six properties in the Finnish cities of Hyvinkää, Oulu and Tampere.
Deal Value
Value not public
Role
Counsel to Nyfosa Finland AB
Parties
Holmström Fastigheter AB, Areim AB, Magnolia Bostad AB
Transaction
Counsel to consortium of F. Holmström Fastigheter AB and Areim AB on its public offer for Magnolia Bostad AB
Deal Value
The offer values Magnolia Bostad at approximately SEK 2,9 billion
Role
Counsel to consortium of F. Holmström Fastigheter AB and Areim AB
Parties
Castellum, Kielo, Blackstone Tactical Opportunities, Brunswick Real Estate.
Transaction
Hannes Snellman acted as counsel to Castellum in its acquisition of property company Kielo from Blackstone Tactical Opportunities and Brunswick Real Estate.
Deal Value
EUR 640 million
Role
Counsel to Castellum
Hannes Snellman acted as counsel to the seller in the divestment of two properties in the Stockholm region to Stenhus Fastigheter i Norden AB (publ). The properties are strategically located along the E4, have a lettable area of approximately 10,000 m², and are fully let to the car retailer Bilia AB on long term leases.
Hannes Snellman’s team consisted of Mikael Stabo and Andreas Wingren.
Parties
SEB Private Equity
Transaction
SEB Private Equity in its investment in and partnership with Eatery
Deal Value
Value not public
Role
Counsel to SEB Private Equity
Parties
NP3 Fastigheter AB, AB Sagax
Transaction
NP3 Fastigheter AB on its joint venture with AB Sagax
Value
Value not public
Role
Counsel NP3 Fastigheter AB
Parties
TrønderEnergi AS, Scandinavian Biogas
Transaction
The Norwegian energy company TrønderEnergi has become the largest shareholder in Scandinavian Biogas, a leading producer of biogas in the Nordics.
Deal value
Value not public
Role
Swedsih counsel to TrønderEnergi AS
Parties
Riflex, Genova Property Group
Transaction
Counsel to Riflex in its divestment of the properties Gredelby 7:89 and Särsta 3: 398 located in Knivsta to Genova Property Group
"Hannes Snellman is one of the few firms able to handle highly-complex matters."
"Good knowledge, good service."
"Professional and on time delivery."
"Team has also industry experience which often helps in understanding the business requirements and the client’s need for practical solutions."
"True professional with practical approach to clients’ needs."
"Broad knowledge of all relevant areas."
"Hannes Snellman have provided first class legal advice in a clear, concise and commercial basis on a consistent basis for the entire period of the project I have been working with them. The service Hannes Snellman has provided has been tailored to our complex needs and have been able to report within the short timescales required but able to keep the quality of reports and advice very high."
"The Hannes Snellman team always provides good, well-established, thoughtful feedback and answers."
"They are highly skilled and motivated lawyers."
"Hannes Snellman has a strong understanding of issues and the differences between local standards and international ones."
‘Hannes Snellman has provided us with excellent service with result oriented approach and efficient on-time service. The team keeps their focus on the meaningful matters and delivers results in matters benefiting us the most.’
‘Hannes Snellman’s staff always have time to delve into my problems. I can get help with general legal issues, even though no actual case is going on. The competence is at a very high level. Response times are reasonably short. Billing is at a reasonable level.’
'"We use Hannes Snellman in cross-border actions," reports a client, adding: "Their strength is the high knowledge of international and EU-level legislation."'
'One source comments: "Hannes Snellman has high-calibre expertise in-house and their network is of very good quality," as another adds: "I have been pleased with the firm's ability in multiple countries."'