CapMan Real Estate Press Release 16 March 2017 at 11.00 a.m. EET
CapMan Real Estate exits Original Sokos Hotel Seurahuone in Kotka
CapMan Hotels RE Ky fund has sold the Original Sokos Hotel Seurahuone property located on Keskuskatu 21 in Kotka to the property’s tenant Kymen Seudun Osuuskauppa Oy. The transaction was completed on 15 March 2017.
“We have thoroughly refurbished the asset during our ownership and are very pleased that the property’s tenant wants to continue developing it as the new owner,” comments Pirjo Ojanperä, a partner at CapMan Real Estate.
CapMan Hotels RE Ky fund was established in 2008 and it manages 38 hotel properties in Finland and Sweden. The fund includes, among others, the hotel properties of Crowne Plaza and GLO Hotel Art in central Helsinki.
For additional information, please contact:
Pirjo Ojanperä, Partner, CapMan Real Estate, tel. +358 50 388 3306
CapMan
www.capman.com
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CapMan is a leading Nordic investment and specialised asset management company. As one of the Nordic private equity pioneers we have actively developed hundreds of companies and real estate and thereby created substantial value in these businesses and assets over the last 25 years. CapMan has today 100 private equity professionals and manages 2.8 billion in assets. We mainly manage the assets of our customers, the investors, but also make direct investments from our own balance sheet in areas without an active fund. Our objective is to provide attractive returns and innovative solutions to investors and value adding services to professional investment partnerships, growth-oriented companies and tenants. Our current investment strategies cover Buyout, Growth Equity, Real Estate, Russia, Credit, Infrastructure and Tactical Opportunities. We also have a growing service business that currently includes fundraising advisory, procurement activities and fund management.
