Nordic private equity firm CapMan said on Tuesday that its CapMan Real Estate I fund has sold a retail property located at Pysäkkikuja 1 in Tuusula, Finland. The buyer is AKR Tuotto Ky fund, which is managed by Auratum Real Estate Oy. The financial details were not disclosed.

Nordic private equity firm CapMan said on Tuesday that its CapMan Real Estate I fund has sold a retail property located at Pysäkkikuja 1 in Tuusula, Finland. The buyer is AKR Tuotto Ky fund, which is managed by Auratum Real Estate Oy. The financial details were not disclosed.

The property at Pysäkkikuja 1 was built in 1997 and provides around 8,300 m2 of lettable space anchored by HOK Elanto with a long-term rental contract.

CapMan manages four real estate funds; the CapMan Real Estate I fund, which invests in commercial properties in Greater Helsinki; the CapMan RE II fund, which invest in commercial and development projects around Finland; the CapMan Hotels RE fund, which invest in hotel properties, as well as CapMan's first project-specific hotel property fund, CapMan Yrjönkatu 17 Ky, which owns a hotel in central Helsinki.

Auratum Real Estate Oy is part of Auratum Group and is active in the development of high-quality residential and commercial properties, with a portfolio of some EUR 300 mln in Finland.