Press Release 2 October 2007 at 3.00 p.m.
The CapMan RE II fund managed by CapMan has acquired an office property located at Ylistönmäentie 33 in Jyväskylä.
The property is located in Jyväskylä and was built in 1991. The property has a lettable area of ca. 5,790 m², and it is fully leased to TietoEnator Corporation at the time of investment.
CapMan manages two real estate funds, of which CapMan Real Estate I invests in commercial properties in the Helsinki metropolitan area and CapMan RE II in commercial properties and property development targets in Finland.
For further information, please contact:
Jorma Lehtonen, Fund Director, CapMan Real Estate, tel. +358 500 708 222
Leena Havas, Director, Business Support Unit, TietoEnator Corporation, tel. +358 50 56 111 83
CapMan www.capman.com
CapMan is one of the leading alternative asset managers in the Nordic countries and manages Nordic funds with approximately EUR 3 billion in total capital. CapMan has four investment areas (CapMan Buyout, CapMan Technology, CapMan Life Science and CapMan Real Estate), and each of them has a dedicated team. Altogether CapMan employs around 100 people in Helsinki, Stockholm, Copenhagen and Oslo. CapMan was established in 1989 and its B shares are listed on the Helsinki Stock Exchange since 2001.
CapMan Real Estate
The investment focus of CapMan’s real estate funds is on real estate targets in Finland. The funds’ portfolio consists for example of commercial properties, logistics centres and warehouse premises as well as property development targets such as Skanssi shopping centre in Turku (currently under construction). The CapMan Real Estate team comprising of 30 professionals is responsible for the funds’ investment activities and also practises real estate consulting under the Realprojekti brand. The real estate funds have invested in 37 real estate assets and exited from 22.
TietoEnator Corporation www.tietoenator.com
TietoEnator is among the leading architects in building a more efficient information society and one of the largest IT services providers in Europe. TietoEnator specialises in consulting, developing and hosting its customers’ business operations in the digital economy. The Group’s services are based on a combination of deep industry-specific expertise and the latest information technology. TietoEnator has about 16,000 experts in close to 30 countries.
