Waselius advised Toivo Group Oyj, a Nasdaq listed real estate company, in a forward funding transaction in which Toivo Group agreed to develop and sell two community properties to a fund managed by NREP. The properties are located in Kangasala and Helsinki. The value of the transaction is approximately 20 MEUR. The properties will be constructed during 2025-2026.
Our advice related to the forward funding sale and purchase agreements and the construction agreements concerning the assets.