CapMan’s Nordic Real Estate fund has bought the 5,760 m2 the MREC Plaza Presto near Helsinki airport.
CapMan’s Nordic Real Estate fund has bought the 5,760 m2 the MREC Plaza Presto near Helsinki airport.
The financial details were not disclosed.
There are around 30 firms currently renting space in the building, which was bought from the Finnish Paper Workers' Union and is the funds seventh purchase.
‘We are delighted about Plaza Presto, which is our Nordic Real Estate fund's first investment in Finland,’ said Juhani Erke, a partner at CapMan.
‘Plaza Presto is an excellent fit to our strategy with a well-diversified tenant base and value-add opportunities through leasing work and cost optimising’.