18 Dec 2025

Hannes Snellman Advises Morgan Stanley Real Estate Investing on Launch of Residential Joint Venture in Helsinki Metropolitan Area

"Hannes Snellman advised funds advised by Morgan Stanley Real Estate Investing on the formation of a residential joint venture in the Helsinki Metropolitan Area. The JV launched with an initial acquisition of around 360 units across seven properties in Helsinki, Espoo and Vantaa, including four assets formerly owned by Mandatum, and plans further acquisitions."

Hannes Snellman represented funds advised by Morgan Stanley Real Estate Investing in the formation of a joint venture to invest in residential properties in the Helsinki Metropolitan Area. The transaction involved the launch of a new joint venture with an initial acquisition of approximately 360 residential units across seven high-quality properties located in fast-growing areas of Helsinki, Espoo and Vantaa. Four of the acquired properties were previously owned by Mandatum. The joint venture is positioned to expand through further acquisitions going forward. Hannes Snellman represented funds advised by Morgan Stanley Real Estate Investing with a team composed by: Tapio Teräkivi, Essi Svartling, Panu Vikberg, Lisa Tihlman, Sofia Tyykiluoto, Essi Peltoniemi, Aleksi Maunumäki, Krister Koskela and Lauri Parvela (Real Assets); Antti Nyberg, Jouko Markkanen and Kristian Suominen (Finance); Maria Aholainen and Martta Salmi-Pekkala (Technology & Data); and Mikko Huimala and Annika Grönholm (Competition & Regulatory).
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