CapMan Real Estate Press Release
3 September 2021 at 09:00 a.m. EEST
CapMan Real Estate acquires industrial property in Köping
CapMan Nordic Real Estate Fund III has agreed to acquire a property in Köping by entering into a sale and leaseback agreement for four years.
The property consists of approximately 60,000 sqm of land and 35,000 sqm of industrial and storage space. The location in Köping is favourable from a logistics point of view. This is the second industrial asset which CapMan Nordic Real Estate acquires in the Mälardalen area as it bought the Assa lock factory in Eskilstuna in 2018.
CapMan Nordic Real Estate has successfully developed the Eskilstuna asset and has during 2021 signed two additional leases, one with Region Sörmland for 2,974 sqm of space and another one with Trafikverket for 3,445 sqm.
“This property is an excellent addition to our growing third value-add fund and it further strengthens our position in the Mälardalen area”, says Anna Reuterskiöld, Partner, Head of CapMan Real Estate Sweden.
CapMan Real Estate currently manages a total of EUR 3.6 billion in real estate assets. The Real Estate Team comprises over 50 real estate professionals in Helsinki, Stockholm, Copenhagen, Oslo and London. The team was awarded UK & European Opportunistic Property Manager of the Year at the 2020 Professional Pensions Investment Awards.
CapMan Nordic Real Estate III Fund, the team’s third Nordic value-add fund, was established in September 2020 and has completed the final close at EUR 564 million, exceeding its target size of EUR 500 million and reaching its hard cap. The acquisition will become the fund’s seventh transaction and the fourth in Sweden.
For further information, please contact:
Anna Reuterskiöld, Partner, Head of CapMan Real Estate Sweden, +46 731 54 22 31
About CapMan
CapMan is a leading Nordic private asset expert with an active approach to value creation. We offer a wide selection of investment products and services. As one of the Nordic private equity pioneers, we have developed hundreds of companies and real estate assets and created substantial value in these businesses and assets over the past 30 years. Our objective is to provide attractive returns and innovative solutions to investors. We have a broad presence in the unlisted market through our local and specialised teams. Our investment strategies cover Private Equity, Real Estate and Infra. We also have a growing service business that includes procurement services, wealth management, and analysis, reporting and back office services. Altogether, CapMan employs around 150 people in Helsinki, Stockholm, Copenhagen, Oslo, London and Luxembourg. We are a public company listed on Nasdaq Helsinki since 2001 and a signatory of the UN Principles for Responsible Investment (PRI) since 2012. Read more at www.capman.com.