Frasers Group Plc: Acquisition of Three Retail Property Assets in Finland
Eversheds advised Frasers Group Plc, the parent company of XXL, on its acquisition of three retail property assets in Lahti, Espoo and Hämeenlinna.
The first transaction involved the acquisition of a single asset in Lahti from VVT Kiinteistösijoitus Oy, completed in July 2026. The second transaction closed in September 2026 and involved the acquisition of two asset portfolio located in Espoo and Hämeenlinna from S-Pankki Toimitila Erikoissijoitusrahasto.
We acted as the principal legal advisor to Frasers Group throughout both transactions. The properties are located in prominent retail areas in their respective cities.
The matter was handled by Saara Kyhälä, Markus Rämö and Henri Minkkinen.
Key contacts
Markus Rämö
Markus has extensive experience advising both domestic and international investors — including institutional and private clients — as well as tenants, in various real estate transactions. His work covers property sales and acquisitions (including large portfolios), sale and leaseback arrangements, and lease agreements.
Saara Kyhälä
Saara Kyhälä is a Partner specialising in real estate and corporate transactions. She leads Eversheds Sutherland’s Real Estate, Construction and Environment team and has extensive experience in real estate law, development projects, and corporate deals across various sectors.
