Press release - 30 June 2006

CapMan’s real estate fund acquires three new assets

CapMan Real Estate I fund managed by CapMan has acquired the shares of properties Kiinteistöosakeyhtiö Malmin Nova and Kiinteistöosakeyhtiö Tikkurilantie 136 as well as the building located at Henry Fordinkatu 6 and the leasing rights to the site. The parties in the transactions have agreed that the transaction prices will not be published.

CapMan Real Estate I fund has acquired ownership of the entire shares of Kiinteistö Oy Malmin Nova from Edvard Pajunen Oy, Jipest Oy and Kesko Corporation. Malmin Nova Shopping Centre is located in the suburb of Malmi in northern Helsinki. The property was constructed in 1987 and an extension was added in 2000. The leasable area of the property is approx. 11,500 square metres.  

Kiinteistö Oy Tikkurilantie 136 is located in the immediate surrounding area of Helsinki-Vantaa Airport in the city of Vantaa. The property was constructed in 2004 and its leasable area is approx. 6,330 square metres, comprising warehouse and office space. The fund acquires the property from Monilaite-Thomeko Oy.  

The fund has also acquired ownership of the office space and warehouse building located at Henry Fordinkatu 6 in Helsinki as well as the leasing rights to the site from Aker Yards Oy. The leasable area of the building is approx. 10,230 square metres.  

”The new investments complement the earlier investment portfolio of the real estate fund very well in terms of both location and return potential,” says Markku Hietala, Head of CapMan Real Estate. ”The number of leases under the fund will grow by more than 50 with the new lease contracts, and the current occupancy rates of all three properties are high.”  

CapMan Real Estate I has investment focus on commercial properties in the Helsinki metropolitan area. The fund’s real estate portfolio contains 22 assets with the new investments.  

For further information, please contact:
Markku Hietala, Head of CapMan Real Estate, tel. +358 500 405 879

Kiinteistö Oy Malmin Nova	Kiinteistö Oy Tikkurilantie 136	Henry Fordinkatu 6

For high-resolution pictures, please contact Minna Lyijynen at minna.lyijynen@capman.com or tel. +358 9 6155 8384.

CapMan
CapMan is one of the leading private equity investors in the Nordic countries and specialises in middle market buyouts in various industry sectors, investments in expansion and later stage technology companies and investments in life science companies. In addition, CapMan manages private equity real estate funds. The CapMan team comprises around 100 people in Helsinki, Stockholm, Copenhagen and Oslo. CapMan manages Nordic funds with approx. EUR 2.3 billion in total capital. To date, the funds managed by CapMan have invested in 153 companies in the Nordic countries and exited from 86 companies. The latest investments are made in Finnish Tamro MedLab Oy, Danish ScanJour A/S, Swedish Neoventa AB and Norwegian InfoCare ASA. The portfolio of CapMan’s first private equity real estate fund consists of 22 commercial properties in the Helsinki metropolitan area. CapMan Plc is listed on the Main List of the Helsinki Stock Exchange. www.capman.com

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