We advised Ruby Group on a hotel development project in Helsinki

modern office interior glass ceiling architectural lines corporate buildingmodern office interior glass ceiling architectural lines corporate building

We advised Ruby Group on a hotel development project in Helsinki

September 10, 2026

Finland
Finland
Finland
Eversheds Sutherland advised Ruby Group, an international hospitality operator, in contractual negotiations concerning a new hotel in the heart of Helsinki. 

The current office building at the site will be converted into a hotel by the landlord, Union Investment, with Ruby Group operating the hotel once the conversion was complete.

Both parties are leading professionals in their respective fields and have successfully delivered similar projects together elsewhere in Europe. This shared track record inevitably shaped the negotiations and agreements, requiring a combination of sector-specific real estate expertise, commercial insight, and the ability to align the high standards and expectations on both sides. The engagement highlighted our capability to act at the intersection of international real estate investment and high-end hospitality operations, delivering agreements that support long-term commercial success.

The engagement began in January 2025.

Our work covered the full legal advisory scope of the negotiations. The matter was led by Partner Markus Rämö and Partner Saara Kyhälä, together with Associate Henri Minkkinen, all from our Real Estate and Construction practice in Helsinki.

 
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. Eversheds Sutherland is a provider of legal and other services operating through various separate and distinct legal entities. For further information about these entities and Eversheds Sutherlands' structure please see the Legal Notice page of this website.

Services

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Key contacts

markus.ramo@eversheds.fi

Markus Rämö

Partner

Helsinki, Finland

saara.raitala@eversheds.fi

Saara Kyhälä

Partner

Helsinki, Finland

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