Ragde Eiendom Sold Three Former Plantagen Properties in Finland

M&A | Real Estate
M&A
Sell side

Norwegian real estate investor Ragde Eiendom AS has sold a portfolio of three retail properties in Finland formerly operated by the garden retail chain Plantagen.

The properties are located in Espoo, Porvoo, and Vaasa, with a combined lettable area of approximately 13,500 square meters. The retail sites were originally opened in 2008. The buyer and transaction price have not been disclosed.

The transaction follows the bankruptcy of Plantagen Finland in autumn 2024 and marks the repositioning of the properties for future use.

We advised Ragde Eiendom AS on the transaction.

The assignment was led by Partner Markus Rämö, with support from Partner Saara Kyhälä and Associate Lauri Lähdeaho.

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.


The materials on the Eversheds Sutherland website are for general information purposes only and do not constitute legal advice. While reasonable care is taken to ensure accuracy, the materials may not reflect the most current legal developments. Eversheds Sutherland disclaims liability for actions taken based on the materials. Always consult a qualified lawyer for specific legal matters. To view the full disclaimer, see our Terms and Conditions or Disclaimer section in the footer.


SMBC BANK EU AG Provided a €150 million Sustainability-Linked Bilateral Credit Facility to SATO Oyj

M&A | Real Estate
M&A

We acted as legal counsel to SMBC BANK EU AG in connection with a €150 million sustainability-linked bilateral committed credit facility agreement granted to SATO Oyj.

SMBC Bank EU AG is part of Sumitomo Mitsui Banking Corporation (SMBC), one of Japan’s largest financial institutions and a key entity within the Sumitomo Mitsui Financial Group (SMFG).

SATO is one of Finland’s largest private residential rental housing providers, with a significant role in the Finnish housing market.

Our project team included Specialist Counsel Leena Pyymäki and Partner Henrik Sandholm.

Read more on SATO’s press release.

Key contacts

Leena Pyymäki

Leena Pyymäki

Leena Pyymäki acts as legal counsel in issues related to company law, transactions, financing, commercial agreements and issues related to international trade.


The materials on the Eversheds Sutherland website are for general information purposes only and do not constitute legal advice. While reasonable care is taken to ensure accuracy, the materials may not reflect the most current legal developments. Eversheds Sutherland disclaims liability for actions taken based on the materials. Always consult a qualified lawyer for specific legal matters. To view the full disclaimer, see our Terms and Conditions or Disclaimer section in the footer.