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Highlight — 21 December 2023
Krogerus advises Tapiolan Lämpö on sale of residential development asset for €22 million
Krogerus advises Tapiolan Lämpö, a company operating on many aspects of real estate maintenance and services, on the sale of its headquarters premises to a Nordic construction group and local investor. At present, these premises also include Tapiolan Lämpö's property maintenance depot. The sale of the asset was preceded by a zoning amendment whereby residential building rights were granted in respect of the property. The transaction values the property at approximately €22 million, and marks a significant residential development project in the Tapiola area.
The Krogerus team was led by Partner Pyry Somervuori and he was assisted by Counsel Ilari Mustonen.
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