Real estate and construction − legal services, transactions

We support and advise you through different stages of real estate and construction projects, including real estate transactions. Our real estate and construction experts are delighted to assist with small to large-scale real estate and construction projects as well as specific individual issues. In addition to legal services, we also offer real estate related tax and financial services.


How can we help you?

Send us an inquiry or a proposal request and we will contact you shortly

Contact us

Joni Painilainen

Partner, Legal, PwC Finland

+358 (0)20 787 8803

Email

Minna Poutiainen

Director, Legal, PwC Finland

+358 (0)20 787 7288

Email

Real Estate Development Projects

  • Hybrid real estate development projects, wind farm projects
  • 3D property formation
  • Land use and development agreements
  • Preliminary and project agreements
  • Structuring, negotiations
  • Changes to land use plans and cadastral surveys
  • Joint ownership, joint arrangements, and easement agreements
  • Communication with authorities and necessary registration and notification procedures

The success of real estate development projects is based on seamless collaboration between the parties. However, these projects involve several legal issues at different stages of the process, where parties may have different interests. Skilful and professional handling of the legal aspects of real estate development projects streamlines progress, promotes cooperation among parties, and reduces the risk of conflicts. We provide legal counsel to investors, developers, and users involved in real estate development projects. We offer comprehensive assistance in both new construction and property development projects to achieve goals while safeguarding the client's interests.

We assist in negotiations and draft the necessary contractual documents for real estate development projects, including construction and development agreements, preliminary and project agreements, as well as joint ownership, joint arrangements, and easement agreements. Additionally, we offer support with changes to land use plans and cadastral surveys (such as registrations of title, parcelling, and amalgamations), handle communication with authorities, and manage necessary registration and notification procedures.

We offer legal advice also on specific issues related to hybrid projects and 3D property formation to achieve a legally competitive solution model. We support the project at all stages of implementation.

Housing Companies and Real Estate Companies

  • Establishment of housing companies and real estate companies, as well as corporate law advice related to their management
  • Drafting of articles of association
  • Real estate ownership and structural arrangements
  • Situations involving taking possession of apartments and questions related to maintenance responsibilities
  • Entering into the Residential and Commercial Property Information System and other matters concerning register of housing company shares
  • Corporate law and tax advice for parking companies

The lifecycle of a housing company and a real estate company encompasses numerous situations where legal expertise is essential for achieving the desired legal effects, evaluating alternative solutions, and preventing disputes.

We advise on all matters within the scope of the Housing Companies Act. We also offer support for the establishment of mutual real estate companies under the Limited Liability Companies Act, as well as corporate law advice related to their management.

We assist in drafting articles of association and facilitate real estate ownership and structural arrangements with you. We also provide support in transitioning to the Residential and Commercial Property Information System and in other matters concerning the register of housing company shares.

Real Estate Transactions

  • Sale of real estate and leaseholds
  • Sale of housing and real estate companies (also portfolios)
  • Due diligence reviews
  • Negotiations with authorities
  • Transaction documentation and negotiations

A successful real estate transaction requires timely risk management using legal expertise and appropriate tools. We advise and assist in the sale of real estate and related leaseholds, housing and real estate companies, and real estate portfolios (including due diligence reviews). Additionally, we support transaction negotiations and handle the drafting of transaction documentation.

Lease Agreements

  • Lease agreements and advisory services for lease relationships
  • Land lease agreements

When drafting and interpreting lease agreements, it is important to identify the applicable law and understand the relationship of regulations to the contract text. A successful lease agreement is the result of well-managed negotiations that adequately consider the goals and needs of both parties to the lease relationship.

We provide legal advice on matters related to real estate lease agreements and lease relationships. We assist in negotiations and draft lease agreements for commercial premises, residential units, and land leases. We ensure that the lease relationship is established on a legally sound basis to minimise conflicts. We also assist in lease-related disputes in general courts and arbitration. In lease-related assignments, we work closely with our financial advisors.

Construction and Project Management

  • Founder contracting and advice for the founding partner 
  • Construction project and contract agreements
  • Supervision agreements
  • Project management agreements
  • Legal advice and support throughout different stages of the project

Construction and project management require the integration of expertise from various fields. Legal expertise is needed to account for the regulations governing construction and to draft the contracts that define the operations.

We provide legal advice and support at every stage of the project. We advise on legal issues related to founder contracting and draft construction project agreements, including project and contract agreements, supervision agreements, and project management agreements. We are familiar with the general contract terms in the industry, such as YSE 1998 and KSE 2013, and provide assistance in extensive and complex construction project litigation and arbitration.

Real Estate Litigation

  • Disputes in general courts or arbitration proceedings
  • Mediation
  • Assistance in handling claims and complaints
  • Assistance in procedures according to YSE terms and conditions, such as additional and alteration work procedures and warranty period procedures

We assist in drafting claims, complaints, and other correspondence if the other party has not fulfilled or has breached the obligations of a contractual relationship related to a construction project or real estate transaction.

We act as representatives in mediations and disputes in general courts or arbitration, for example, in disputes related to contract agreements or real estate transactions. We also advise on procedures under the general contract terms of the industry, such as those specified in the YSE 1998 terms, including additional and alteration work procedures and warranty period procedures.


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