CapMan Press Release 30 April 2009 12.00 p.m.
CapMan Real Estate I fund has acquired a retail property located at Pysäkkikuja 1 in Tuusula in Finland from Niam Fund III and the Whitehall Street Real Estate Funds.
The property at Pysäkkikuja 1 was built in 1997 and extended to its current size of ca. 8,300 m2 in 2004. The property is anchored by HOK Elanto representing over 90% of total rental income. In addition to HOK Elanto, the property has seven smaller tenants including Rautakirja Oy and Tapiola Group among others.
CapMan manages three real estate funds, of which CapMan Real Estate I invests in commercial properties in the Helsinki metropolitan area, CapMan RE II in commercial properties and property development targets in Finland and CapMan Hotels RE in hotel properties in the Nordic countries.
For further information, please contact:
Jorma Lehtonen, Fund Director and Senior Partner, CapMan Real Estate, tel. +358 500 708 222
Jorma Lehtonen, Fund Director and Senior Partner, CapMan Real Estate, tel. +358 500 708 222
CapMan www.capman.com
CapMan is one of the leading alternative asset managers in the Nordic countries and Russia and manages private equity funds with approximately EUR 3.4 billion in total capital. CapMan has six investment areas (CapMan Buyout, CapMan Technology, CapMan Life Science, CapMan Russia, CapMan Public Market and CapMan Real Estate), and each of them has a dedicated team and funds. Altogether CapMan employs over 140 people in Helsinki, Stockholm, Copenhagen, Oslo and Moscow. CapMan was established in 1989 and its B shares are listed on the Helsinki Stock Exchange since 2001.
CapMan is one of the leading alternative asset managers in the Nordic countries and Russia and manages private equity funds with approximately EUR 3.4 billion in total capital. CapMan has six investment areas (CapMan Buyout, CapMan Technology, CapMan Life Science, CapMan Russia, CapMan Public Market and CapMan Real Estate), and each of them has a dedicated team and funds. Altogether CapMan employs over 140 people in Helsinki, Stockholm, Copenhagen, Oslo and Moscow. CapMan was established in 1989 and its B shares are listed on the Helsinki Stock Exchange since 2001.
