CapMan sold an office property in Helsinki

CapMan sold an office property in Helsinki

ID: 99172

(Thomson Reuters ONE) -


CapMan press release 21 December 2011 1:30 p.m. EET

CapMan sold an office property in Helsinki

The CapMan Real Estate I fund has sold an office property at Lönnrotinkatu 20 in
Helsinki to a fund managed by Catella Real Estate AG Kapitalanlagegesellschaft.
The sale will not impact CapMan Plc's result, as the fund is not generating
carried interest.

The commercial property Lönnrotinkatu 20 located in the Kamppi district of
Helsinki was built in 1972. The property has a leasable area of ca. 4,650 m² and
is currently fully let.

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

Further information:
Kalle Myllymäki, Partner, CapMan Real Estate, tel. +358 (0)50 356 6940


CapMan www.capman.com
CapMan is one of the leading private equity firms in the Nordic countries and
Russia, with assets under management of ?3.3 billion. CapMan has four key
investment partnerships - CapMan Buyout, CapMan Russia, CapMan Public Market,
and CapMan Real Estate - each of which has its own dedicated investment team and
funds. Altogether, CapMan employs 130 people in Helsinki, Stockholm, Oslo,
Moscow, Copenhagen and Luxembourg. CapMan was established in 1989 and has been
listed on the Helsinki Stock Exchange since 2001.







This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and




other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: CapMan Oyj via Thomson Reuters ONE

[HUG#1573124]


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Bereitgestellt von Benutzer: hugin
Datum: 21.12.2011 - 12:30 Uhr
Sprache: Deutsch
News-ID 99172
Anzahl Zeichen: 2366

contact information:
Town:

Helsinki



Kategorie:

Business News



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CapMan Public Market Fund invests in Proffice AB ...

CapMan press release 15 December 2009 at 9.00 a.m EET The fund holds 20.1 per cent([1]) of the votes and 4.3 per cent of the outstanding shares CapMan Public Market Fund has acquired 4.3 per cent of shares in the Nordic staffing company Proffice AB ...

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