Waselius represented the Junior Lender in the bankruptcy of 16 commercial real estate companies, so-called “Bronda” portfolio which were acquired by Bronda Properties B.V. in 2007 for a deal value exceeding EUR 300 million. The properties of the bankrupt real estate companies were sold to Niam, a Swedish real estate private equity firm, in July 2012. Most of the properties are located in prime central Helsinki area.
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