CapMan Real Estate Press release 4 July 2017 at 2.00 p.m. EEST
CapMan Real Estate exits two office buildings in Helsinki
Real estate funds managed by CapMan have sold two office buildings located at Elimäenkatu 9 and 15 in Vallila, Helsinki, to Areim Fund III. The transaction was completed on June 30, 2017.
CapMan Real Estate I fund invested in Elimäenkatu 9 in 2007 and CapMan RE II fund acquired Elimäenkatu 15 in 2011. The two buildings are located in Vallila, approximately 5 kilometres north of the Helsinki CBD. The properties comprise 25,200 sqm of leasable space in total.
For further information, please contact:
Kalle Myllymäki, Partner, CapMan Real Estate, tel. +358 50 356 6940
Markus Laine, Head of Areim Finland, tel. +358 50 466 2838
CapMan
www.capman.fi
twitter.com/CapManPE
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.
