Bird & Bird Advised Logicenters in Development Project Regarding Warehouse and Office Building in Vantaa
Contacts
Counsel
Finland
I am a Counsel in our Finnish Real Estate Group in Helsinki, where I assist our clients with my extensive specialist knowledge of real estate, corporate and M&A matters.
Partner
Finland
I am the head of our Real Estate and Infrastructure Group in Finland and wider Nordic level. My approach to client work is strategic, pragmatic and business oriented. I have a vast array of experience in complex real estate and infrastructure, corporate and dispute resolution matters.
International law firm Bird & Bird advised Logicenters (responsible for logistics investments for the Nordic real estate investment company Nrep), in the development project regarding development of approx. 8,000 sqm warehouse and office building in Vantaa nearby Helsinki-Vantaa Airport. As a part of the project Logicenters acquired a plot of approx. 19,000 sqm from Jatke Toimitilat Oy who will act as a main contractor in the project. In connection with the project Logicenters signed a long-term lease agreement with Puumerkki Oy. The project will be completed in summer 2025.
Our assignment included all legal advice and support for Logicenters. In the core of the arrangement was the agreement package consisting of the sale and purchase agreement regarding acquisition of the plot, the lease agreement and the construction contract regarding execution of the project.
From the Bird & Bird team the project was led by Counsel Tuukka Korhonen assisted by Associate Sakari Jarva. Partner Jaakko Hietala acted as a responsible partner.