Practices

Real Estate

Languages

Finnish, English

Eemi Piirainen

Associate Real Estate

Practices

Real Estate

Languages

Finnish, English

Eemi advises clients in our Real Assets Practice, which is a multi-disciplinary group of experienced lawyers whose expertise cuts across energy, infrastructure, real estate, construction, environment, and projects.

Eemi specialises in real estate transactions, development projects, and data centre projects. In addition, he provides advice on general corporate, contract, and property law.

Selected References

Parties:

Oriola Corporation

Transaction:

Hannes Snellman is advising Oriola Corporation in the development of a highly automated, state-of-the-art distribution centre located in Järvenpää, Finland, in total valued at EUR 110-120 million. Construction of this facility is scheduled to commence in the first quarter of 2026, with the relocation of operations from Espoo to Järvenpää anticipated to start by the end of 2027.

Value:

EUR 110-120 million

Role:

Counsel to Oriola Corporation

Contacts

Hannes Snellman advised OX2 in respect of the construction contracts, PPA, development, due diligence as well as Finnish law aspects of the project financing.

Contacts

Parties:

CapMan, Hemsö

Transaction:

Hannes Snellman advised CapMan Nordic Real Estate III fund in the sale of the Seminaari School property located in central Hämeenlinna, Finland. The buyer is real estate investment company Hemsö.

The Seminaari School is the largest primary school in Hämeenlinna, accommodating approximately 700 pupils, and the entire property is leased to the City of Hämeenlinna on a long-term lease. During CapMan’s ownership, significant value-enhancing projects were completed. Combined energy efficiency and geothermal heating investments are calculated to lead to more than 65% reduction in primary energy demand of the property.

Value:

Not public

Role:

Counsel to CapMan

Contacts

  • Matti Lajunen

    Partner +358 40 720 7036 matti.lajunen@hannessnellman.com

  • Panu Vikberg

    Managing Associate +358 50 411 4452 panu.vikberg@hannessnellman.com

  • Eemi Piirainen

    Associate +358 40 484 9299 eemi.piirainen@hannessnellman.com

Parties:

DayOne

Transaction:

Hannes Snellman advised DayOne, a Singapore-based global data center developer and operator, on the development of a state-of-the-art hyperscale data center campus in Lahti, Finland. The aggregate investment is projected to amount to EUR 1.2 billion.

With a total potential capacity of 128 MW IT load, the project comprises a first building of 50 MW IT load. DayOne is also entering into a Growth Partnership Agreement with Lahti underscoring its long-term commitment to Finland’s digital and economic development.

Value:

EUR 1.2 billion

Role:

Counsel to DayOne

Contacts

Parties:

VVT

Transaction:

Hannes Snellman advised VVT in the acquisition of a 18,250 sqm public healthcare center with the City of Helsinki as the anchor tenant under a long-term lease. The property is a cornerstone of the City of Helsinki’s centralized health and wellbeing network. Kalasatama Health and Wellbeing Center offers state-of-the-art facilities and holds a strong ESG profile. Its strategic location in one of Helsinki’s fastest-growing districts ensures unmatched accessibility and long-term relevance.

Value:

Not public

Role:

Counsel to VVT

Contacts

Parties:

UrbanLight (joint venture between Alma Property Partners and Alea Partners)

Transaction:

Hannes Snellman acted as counsel to UrbanLight in the acquisition of a logistics property located in the Piispankylä area of Vantaa, near Helsinki Airport. The property comprises approximately 7,000 sqm of high-quality logistics space.

Deal Value:

Value not public

Role:

Counsel to UrbanLight

Contacts

Parties:

APL

Transaction:

Hannes Snellman is advising APL, a privately held firm that invests in real estate, renewable energy, digital infrastructure, and private equity transactions based in the United States, on the development of a 100 MW data center located in Varkaus, Finland.

Located on a 28-hectare site, the data center is designed to support up to 100 MW of capacity, with the first phase delivering 60 MW and with a planned 40 MW expansion to follow. The facility will span up to 75,000 square meters and benefit from Finland’s highly reliable energy infrastructure and low-risk grid environment.

Deal Value:

Not public

Role:

Counsel to APL

Contacts

Parties:

UrbanLight, a joint venture between Alma Property Partners and Alea Partners

Transaction:

Hannes Snellman acted as counsel to UrbanLight, a joint venture between Alma Property Partners and Alea Partners, in the acquisition of a light industrial property located in Ristikivi, Tuusula.

The property includes approximately 4,000 square meters of workshop and warehouse space. Completed in 2020, it sits on a large plot of about 36,000 square meters. The property is leased to Lehto Rent Oy, a rental company for equipment and machinery, and Tracwest Oy, a company specializing in the import and rental of heavy machinery.

Deal Value:

Not public

Role:

Counsel to UrbanLight

Contacts

Parties

UrbanLight, Alma Property Partners, Alea Partners

Transaction

Hannes Snellman acted as counsel to UrbanLight, a joint venture between Alma Property Partners and Alea Partners, in a sale and leaseback of two logistics properties located in Tuusula with Kreate.

Deal Value

Value not public

Contacts

Parties

UrbanLight, Alma Property Partners, Alea Partners

Transaction

Hannes Snellman acted as counsel to UrbanLight, a joint venture between Alma Property Partners and Alea Partners, in the acquisition of two properties with 27.000 sqm of logistics and warehouse space located near to Helsinki-Vantaa Airport.

Deal Value

Value not public

Role

Counsel to UrbanLight

Contacts

Parties

OP-Rental Yield, Light industrial asset

Transaction

Counsel to OP-Rental Yield special investment fund in the divestment of a light industrial asset located in Kivikonlaita, Helsinki.

Deal Value

Value not public

Role

Counsel to OP-Rental Yield

Contacts

Parties

OP-Rental Yield, Niitty Shopping Centre

Transaction

Counsel to OP-Rental Yield special investment fund in the divestment of the Niitty Shopping Centre.

Deal Value

Value not public

Role

Counsel to OP-Rental Yield

Contacts

Parties

Trelleborg AB, BP-Tech Group Oy

Transaction

Trelleborg AB acquires BP-Tech Group Oy

Deal value

Value not public

Role

Counsel to Trelleborg AB

Contacts

Parties

UrbanLight, Alma Property Partners and Alea Partners 

Transaction

Counsel to UrbanLight, a joint venture between Alma Property Partners and Alea Partners, in the acquisition of a last-mile logistics property located at Niittyvillankuja 3, Koivuhaka, a strong logistics area near Helsinki Airport.

Deal value

Value not public

Role

Counsel to Urbanlight, a joint venture between Alma Property Partners and Alea Partners

Contacts

Parties

eQ Commercial Properties Fund (Seller), Retail Park Vantaanportti (Target)

Transaction

Counsel to eQ Commercial Properties Fund (AIF) in the disposal of Retail Park Vantaanportti. The BREEAM In Use certified retail property located in Vantaa was completed in the year 2002 and has a leasable area of 24,600 sqm. 

Deal Value

Value not public

Role

Counsel to eQ Commercial Properties Fund

Contacts

Parties

UrbanLight (Buyer), a light industrial property (Target)

Transaction

Acquisition of their first light industrial property in the Helsinki metropolitan area

Deal Value

Value not public

Role

Counsel to UrbanLight

Contacts

Parties

Häggblom & Partners Ltd. and the sellers, UB Nordic Forest Fund II LP, United Bankers

Transaction

Counsel to Häggblom & Partners Ltd. and the sellers in the sale of UB Nordic Forest Fund II LP. The sale of approximately 33,000 hectares of forest properties and partnership interests in UB Nordic Forest Fund II LP, managed by United Bankers, was agreed upon with MEAG, an asset management company of the Munich Re Group acting on behalf of its group client. Upon completion, the buyer will pay a total purchase price of approximately EUR 166 million.

Deal Value

Approximately EUR 166 million

Role

Counsel to Häggblom & Partners Ltd. and the sellers

Contacts

  • Matti Lajunen

    Partner +358 40 720 7036 matti.lajunen@hannessnellman.com

  • Panu Vikberg

    Managing Associate +358 50 411 4452 panu.vikberg@hannessnellman.com

  • Essi Peltoniemi

    Associate +358 45 155 1111 essi.peltoniemi@hannessnellman.com

  • Eemi Piirainen

    Associate +358 40 484 9299 eemi.piirainen@hannessnellman.com

  • Nora Mansikka

    Legal Assistant +358 40 559 2206 nora.mansikka@hannessnellman.com

  • Piia Ahonen

    Specialist Partner + 358 44 520 8801 piia.ahonen@hannessnellman.com

  • Marika Sorsa

    Counsel +358 40 707 1441 marika.sorsa@hannessnellman.com

  • Harri Vehviläinen

    Specialist Partner +358 40 183 1636 harri.vehvilainen@hannessnellman.com

Parties:

Nrep (Buyer), eQ Community Properties Fund (Seller)

Transaction:

Counsel to Nrep in the acquisition of seventeen care properties from eQ Community Properties Fund.

Deal value: 

Approx. EUR 100 million

Role:

Counsel to Nrep

Contacts

Professional Background

  • Associate, Hannes Snellman, 2023–

Education

  • Master of Laws, University of Eastern Finland, 2023