14 Oct 2025

"Prisma Properties Acquires New Retail Property in Finland with Hannes Snellman as Counsel"

"Hannes Snellman advised Prisma Properties AB in acquiring a retail property from Tekova in Iisalmi, Finland, through a forward purchase transaction. The property, set to be completed in Q2 2026, will feature a modern retail center of approximately 5,000 square meters and is fully leased to several discount retailers. Prisma Properties specializes in developing and owning properties in the discount retail, grocery retail, and quick-service restaurant sectors."

Hannes Snellman acted as counsel to Prisma Properties AB in a forward purchase transaction involving the acquisition of a new retail property from Tekova. The transaction pertains to a property located in Iisalmi, Finland, which is expected to be completed in the second quarter of 2026. A modern retail center of approximately 5,000 square meters will be developed on the site, which is fully leased with long lease agreements signed with several discount retailers. The core advisory team from Hannes Snellman included Matti Lajunen, Panu Vikberg, Essi Peltoniemi, and Aleksi Maunumäki from the Real Assets practice, as well as Harri Vehviläinen and Piia Ahonen from the Tax practice.
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