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Pan-Nordic open-ended real estate fund for income-focused investors

Nordic Property Income Fund

Invest in Nordic real estate in a diversified manner

CapMan Nordic Property Income Fund is a non-UCITS active open-ended fund that distributes a minimum of 75% of its annual realised profit to its unit holders.

The fund invests in offices, necessity-driven retail assets and light industrial properties in Sweden, Finland, Denmark, Norway.

As an investor, you benefit from the strength of 50 real estate investment professionals in deal sourcing and asset management.

  • CapMan Nordic Property Income Fund (“CMNPI” or the“Fund”) is an open-ended Special Investment Fund (Fin: “Erikoissijoitusrahasto”, Non-UCITS / AIF). The Fund accepts new subscriptions on a quarterly basis. The Fund focuses on stable income generating properties in the largest and most liquid Nordic cities with solid long-term growth fundamentals. CMNPI targets mainly well located warehouse and logistics properties, modern offices, niche living strategies, and necessity driven retail assets.

    The fund is managed by CapMan AIFM Ltd, which is an alternative investment manager (AIFM) licensed by Fin-FSA.

  • Markets

    Offices, necessity-driven retail assets and light industrial properties in Sweden, Finland, Denmark, Norway

    FUND

    Active open-ended fund that distributes a minimum of 75% of its annual realised profit to its unit holders

    TEAM

    Strength of 40 real estate investment professionals in deal sourcing and asset management

  • PRIME SUBURBAN OFFICES

    High visibility, good access
    Competitive rental level
    Modern buildings with flexible layouts
    Possibility to configure for multi-tenant occupation
    Supporting infrastructure

    NECESSITY-DRIVEN SHOPPING CENTRES

    Suburbs of capitals and larger cities
    Growing submarkets
    Necessity-anchored
    Public transportation
    Flexible space
    Undermanaged assets

    LOGISTICS PROPERTIES

    Stable and predictable income
    Supporting infrastructure

Documents

CMNPI Subscription Form Legal Entities

pdf | Nov 21, 2024

CMNPI Regulatory Disclosures

pdf | Aug 19, 2025

CapMan Nordic Property Income Fund PRIIPS KID A

pdf | Jun 01, 2026

CapMan Nordic Property Income Fund PRIIPS KID B

pdf | Jun 01, 2026

CapMan Nordic Property Income Fund PRIIPS KID C

pdf | Jun 01, 2026

CapMan Nordic Property Income Fund PRIIPS KID D

pdf | Jun 01, 2026

CapMan Nordic Property Income Fund PRIIPS KID E

pdf | Jun 01, 2026

CapMan Nordic Property Income Fund (non UCITS) Fund Rules

pdf | Jun 01, 2026

CapMan Nordic Property Income Financial Statements 2025

pdf | Jun 01, 2026

CapMan Nordic Property Income Financial Statements 2024

pdf | Mar 31, 2025

CapMan Nordic Property Income Financial Statements 2023

pdf | Mar 28, 2024

CapMan Nordic Property Income Financial Statements 2022

pdf | Mar 31, 2023

CapMan Nordic Property Income Financial Statements 2021

pdf | Apr 04, 2022

CapMan Nordic Property Income Financial Statements 2020

pdf | Apr 22, 2021

CapMan Nordic Property Income Fund SFDR Periodic Disclosures 2025

pdf | Jun 01, 2026

CapMan Nordic Property Income Fund SFDR Periodic Disclosures 2024

pdf | Mar 31, 2025

CapMan Nordic Property Income Fund SFDR Periodic Disclosures 2023

pdf | Mar 28, 2024

CapMan Nordic Property Income Fund SFDR Periodic Disclosures 2022

pdf | Mar 31, 2023

CMNPI Historical Return Scenarios

pdf | Jun 01, 2026

Releases

CapMan Nordic Property Income Notification Of Applying Redemption Gate

pdf | Jun 01, 2026

Contact

  • Why invest? Access Nordic real estate investment market

    CapMan Real Estate’s extensive network and local knowledge of the Nordic real estate markets provides CMNPI unit holders an access to attractive real estate investment opportunities.

  • Extensive diversification and stable returns

    The Fund offers to its unit holders both geographic diversification to Nordic growth cities and sector diversification to all main property types. Through diversification the fund aims to achieve better risk-adjusted returns for its unit holders.

  • The know-how of the leading real estate investment team in the Nordics

    As a unit holder the investor benefits from CapMan Real Estate’s established institutional real estate platform and its local knowledge in the Nordic real estate markets. The key factors in the team’s success has been the diligent bottom-up investment approach and active asset management approach.