Avance advises Ylva in the sale of the second phase of the Lyyra block in Hakaniemi, Helsinki, to Niam.
The property is part of the Lyyra block, which also includes an office building completed in 2023. The property being sold is the second phase of the development project, completed in 2024. It consists of a hotel and residential building, along with retail premises located on the lower floors. Niam currently owns the office building in the Lyyra block.