Bird & Bird advised Slättö in the purchase of a hotel property in central Helsinki

Published

Aug 23 2023

Contacts

I am the head of our Real Estate and Infrastructure Group in Finland and wider Nordic level. My legal approach to client work is strategic, solution oriented and pragmatic.

Tuukka Korhonen

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.

Practices

Sectors

Hotels, Hospitality & Leisure

Countries

Finland

International law firm Bird & Bird advised Slättö (a Nordic real estate investor) in the purchase of a hotel property in central Helsinki at the address Kasarmikatu 40.

The property includes the iconic former Hotel Rivoli Jardin building which will be refurbished into a modern and high-quality hotel in collaboration with the new operator, tech-powered, short-term rental operator Bob W. The property is to be refurbished into a Bob W location certified under the environmental scheme LEED. The property will offer 55 rooms and suites and will use technology to give guests a high-quality living experience with the authenticity and functionality of an actual home.

The project was led by Counsel Tuukka Korhonen (Real Estate & Infrastructure) assisted by Senior Associate Joanna Puhto (Real Estate & Infrastructure), Associate Noora Kähkönen (Real Estate & Infrastructure), Partner Ville Alahuhta (Tax), Associate Matias Vikström (Tax) and Senior Counsel Kristiina Lehvilä (Banking &Financing). The Bird & Bird team was led by Partner Jaakko Hietala.
You can read more about the transaction here.