We advised Ruby Group on a hotel development project in Helsinki

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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.

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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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© Eversheds Sutherland 2026. All rights reserved. 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.

Eversheds Sutherland is the name and brand under which the members of Eversheds Sutherland Limited (Eversheds Sutherland (International) LLP and Eversheds Sutherland (US) LLP) and their respective controlled, managed or affiliated firms and the members of Eversheds Sutherland (Europe) Limited and Eversheds Sutherland (Africa) Limited (each an "Eversheds Sutherland Entity" and together the "Eversheds Sutherland Entities") provide legal or other services to clients around the world. Eversheds Sutherland Entities are constituted and regulated in accordance with relevant local regulatory and legal requirements. The use of the name Eversheds Sutherland, is for description purposes only and does not imply that the Eversheds Sutherland Entities are in a partnership or are part of a global entity. The responsibility for the provision of services to the client is defined in the terms of engagement between the instructed firm and the client. For further information about these Eversheds Sutherland Entities and Eversheds Sutherlands’ structure please see the Legal Notices page of this website. For information on Konexo please also see the Legal Notices page of this website.