Capman Nordic Real Estate fund is adding to its existing residential and retail portfolio in Copenhagen with the acquisition of two further properties.
Capman Nordic Real Estate fund is adding to its existing residential and retail portfolio in Copenhagen with the acquisition of two further properties.
The assets are located along Amagerbrogade, a high street leading to the centre of Copenhagen. The properties comprise 2,707 m2 of space, of which 72% is residential and 28% retail. This is the third investment by the Capman Nordic Real Estate fund.
The investment volume was not disclosed.
Capman Nordic Real Estate completed its first closing in March 2013, providing an investment capacity of €125 mln. The fund made its first investment in December 2012 by acquiring the Silverdal 1 building located in Sollentuna in the Greater Stockholm area. In September 2013, the fund agreed to acquire several properties on Amagerbrogade. Fundraising for the fund continues, with final closing expected in 2014.
Capman Real Estate is part of Capman Group, a leading private equity firm in the Nordic countries and Russia, with assets under management of €3.3 bn. The company manages five real estate funds.
