The real estate arm of private equity group Capman is teamning up with NEP Partners to create a pan-Nordic property fund management platform.
The real estate arm of private equity group Capman is teamning up with NEP Partners to create a pan-Nordic property fund management platform.
The joint team will follow an opportunity-driven investment strategy and a value-added approach to investing in property in the Nordic countries.
'The Nordic region is becoming a preferred location for real estate investments in the current economic environment. Teaming up with NEP Partners will enable us to create a leading real estate fund manager covering the entire region,' said Mika Matikainen, head of Capman Real Estate.
'The new joint team will put us in a great position to benefit from the increasing number of distressed opportunities and under-managed assets coming up for sale in the Nordic region,' continued Torsten Bjerregaard, co-founder of NEP Partners.
Capman Real Estate was established in 2005 and has launched four real estate funds in the region. The portfolio's value amounts to some EUR 1.4 bn.
NEP is a real estate investment and asset management company established in 2005 by Edward Williams and Torsten Bjerregaard. Originally formed as an operating partner for major institutions, it has operated in the Scandinavian market virtually exclusively since its founding.
