CapMan Nordic Real Estate II Fund announces its sixteenth acquisition

CapMan Nordic Real Estate II Fund announces its sixteenth acquisition

(PRESS RELEASE) HELSINKI, 25-Nov-2019 — /EuropaWire/ — CapMan Nordic Real Estate II Fund acquired a retail and office property located at Købmagergade 42 in Copenhagen.

The property is located in one of the main pedestrian streets in Copenhagen, within a short walking distance from Nørreport Station (500 meters) and Kgs Nytorv (600 meters). The property has a total leasable area of ca. 4,300 sqm.

Peter Gill, Investment Director at CapMan Real Estate, said: “We are very pleased with the acquisition of this unique property. As per our value-add strategy, our plan is to upgrade the property into modern high-street retail and office space.”

This is the sixteenth acquisition of the €425 million Nordic Real Estate II fund raised in 2017. The fund’s main objective is to invest mainly in office, retail and residential properties located in established submarkets of major Nordic cities.

CapMan Real Estate has a team of 38 dedicated professionals in the field of investment, asset management and property management. CapMan’s current real estate volume under management is over EUR 2.5 billion.

CapMan is a leading Nordic private asset expert and one of the Nordic private equity pioneers. The company has developed hundreds of companies and real estate assets and created substantial value in these businesses and assets over the past 30 years. CapMan’s objective is to provide attractive returns and innovative solutions to investors. It has broad presence in the unlisted market through our local and specialised teams. Our investment strategies cover Private Equity, Real Estate and Infra. Capman also has a growing service business that includes procurement services, fundraising advisory, and analysis, reporting and wealth management services. CapMan employs 140 people in Helsinki, Stockholm, Copenhagen, London, Moscow and Luxembourg.

Contact information:

Peter Gill
Investment Director
CapMan Real Estate
tel. +45 20 43 55 63

SOURCE: CapMan

MORE ON CAPMAN, ASSET MANAGEMENT, ETC.:

Follow EuropaWire on Google News
EDITOR'S PICK:

Comments are closed.