The regional real estate market is increasingly just one part of a global pattern. Roschier’s lawyers combine local know-how with an international approach.
As the Nordic region has become a fully integrated part of the international real estate market, trends affecting the market as a whole also impact on Stockholm and Helsinki. The region’s players have had to adapt to the international market and the threats and opportunities that come with it.
“Roschier’s experienced practice is hard to beat – ‘best for large complicated transactions,’ say clients.”
– Legal 500 (Real Estate and Construction)And what applies to real estate companies applies equally to their advisors. In real estate transactions it’s vitally important to meet the needs and expectations of international investors. Even though a property may be in Finland or Sweden, investors can operate in any market they like, and they judge Helsinki and Stockholm on the same scales as Berlin, London or New York.
Roschier’s international background makes the firm especially well placed to serve this marketplace. Traditionally the firm has represented major international investors along with local companies going out into the international market. This is one reason why the firm’s lawyers are skilled at translating clients’ business interests and needs into the Nordic context, speaking their language and applying their concepts.
Along with the ongoing globalization of the market, the team is coming to grips with a number of other key trends. Green building is one. Increasingly significant, in terms of both new-builds and the refurbishment of existing properties, it’s typically driven by tenants who want their properties to achieve “green building” status in order to comply with environmental policies.
At the same time, however, as the marketplace has become more global, it has in some respects also become less transparent, with more off-market deals. In this environment clients expect their lawyers to provide more insight into local commercial conditions.
There also aren’t many law firms that can provide cross-border service in real estate, finance, green energy and environmental law, spanning Sweden and Finland, and all with one local point of contact. Offering this combination has been a key to Roschier’s success.