CapMan Real Estate I fund said on Thursday it is to develop the new headquarters of Finland's leading provider of healthcare and laboratory products OneMed. The firm has leased from the City of Helsinki an undeveloped site located in the Haaga district of Helsinki and applied for building permission on the site. Construction is scheduled to start during the coming autumn. The investment amount for the development was not diclosed.
CapMan Real Estate I fund said on Thursday it is to develop the new headquarters of Finland's leading provider of healthcare and laboratory products OneMed. The firm has leased from the City of Helsinki an undeveloped site located in the Haaga district of Helsinki and applied for building permission on the site. Construction is scheduled to start during the coming autumn. The investment amount for the development was not diclosed.
The office building is due to be completed by the end of 2009 and will contain a leasable area of some 3,000 m2, most of which has been leased to OneMed under a long-term leasing contract.
Finnish asset manager CapMan manages three funds, CapMan Real Estate I which invests in commercial properties in the greater Helsinki area, CapMan RE II fund which focuses on property development in Finland, and the CapMan Hotels RE fund which invests in hotel properties, especially in Finland and Sweden.
