Krogerus advises Stora Enso Oyj on the divestment of the real estate of its Sunila site

Krogerus advised Stora Enso Oyj on the divestment of the real estate of its Sunila site in Kotka, Finland. The purchaser is AALTO Development, a Finnish, privately-owned property development company focusing on high-quality architecture and urban planning.

Stora Enso will remain in Sunila as a tenant to AALTO Development. Legal closing of the transaction is expected during the end of 2024.

The Krogerus team was led by Partner Joakim Jansson who was primarily assisted by Counsel Ilari Mustonen and Associate Pyry Lehikoinen. Partner Samu Lassila advised on tax and structuring matters.