Hannes Snellman Advised Veritas in a Landmark Residential Deal

Hannes Snellman advised Veritas Pension Insurance Company in the sale of residential building rights of a former hospital block in Töölö to Avain Yhtiöt.

The transaction includes approximately 22,780 sqm for residential development and 1,710 sqm for commercial use. Construction of nearly 300 new homes will begin in late 2025, with first completions expected in summer 2027. The residential market continues to deliver positive momentum.

Our core team comprised Matti Lajunen and Lisa Tihlman.