Waselius advised Public Property Invest ASA (PPI), a listed Norwegian real estate company, on its landmark acquisition of the SocialCo portfolio (gross asset value of NOK 37bn) from SBB.
With this transaction, PPI became Europe’s largest operator in social infrastructure, comprising a total of 841 properties across the Nordic region valued at NOK 37bn (approximately EUR 4.5bn). Of the acquired assets, 144 are located in Finland.
Our advice covered all legal matters pertaining to the Finnish aspects of the transaction.