What is it about?
Hybrid real estate developments—projects that combine multiple property uses such as residential, retail, and office spaces in connected buildings and constructions—pose complex legal challenges related to ownership, financing, and risk allocation. This article examines the legal and contractual structures governing these projects in Finland, focusing on land ownership, security arrangements, limited partnership law, co-operation agreements, and debt covenants.
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Why is it important?
The article provides a novel way of analysing how to make hybrid real estate projects more efficient and how to structure them in an optimal way.
Perspectives
The article sets the basis for systematic analyses of larger real estate projects and gives an understanding of how several actors operate together in the project.
Mika Lehtimäki
Read the Original
This page is a summary of: Legal structures and contractual frameworks in hybrid real estate development: a Finnish perspective, Journal of Property Planning and Environmental Law, September 2025, Emerald,
DOI: 10.1108/jppel-03-2025-0029.
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