CapMan’s Nordic Real Estate fund has deployed more than a third of the capital in its Nordic Real Estate fund after raising €273 mln at the final close.
CapMan’s Nordic Real Estate fund has deployed more than a third of the capital in its Nordic Real Estate fund after raising €273 mln at the final close.
The fund has made six investments, including three office buildings in northern Stockholm and the Plaza Presto building close to Helsinki-Vantaa airport in the Finnish capital.
The most recent purchase has been City Center Broen, a planned 29,900 m2 shopping centre in the Danish city of Esbjerg, where construction is due to begin in the next few weeks.
Strong demand in the Danish residential market has prompted the fund to acquire nine properties on Amagerbrogade and two prime residential properties in central Copenhagen.
Mika Matikainen, senior partner with CapMan Real Estate, said: ‘There are a lot of attractive investment opportunities in our key markets and we are expecting to make a number of new investments this year.’
