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Home › Media › Releases 2007 › CapMan acquires Mastola logistics centre in Vantaa and Lönnrotinkatu 20 in Helsinki to its real estate portfolio

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Press release - 29 June 2007

CapMan acquires Mastola logistics centre in Vantaa and Lönnrotinkatu 20 in Helsinki to its real estate portfolio

CapMan Real Estate I fund managed by CapMan has signed agreements to acquire ownership of the central warehouse Kiinteistöosakeyhtiö Mastolan Keskusvarasto in Vantaa and the commercial property Lönnrotinkatu 20 in Helsinki.

CapMan Real Estate I fund has acquired the real estate and plot of land of Mastola’s central warehouse located in Hakkila, Vantaa from SOK Corporation. The INEX Group’s logistics centre operates at the property, which has a leasable area of ca. 41,600 m².

The fund has also acquired the commercial property Lönnrotinkatu 20 located in the Kamppi district of Helsinki from Polaris Pension Foundation. The property was built in 1972 and it has a leasable area of ca. 4,650 m². In addition to Lönnrotinkatu 20 the fund has acquired the garage from the neighbouring property As Oy Kalevankatu 36 for use by tenants of Lönnrotinkatu 20.

CapMan manages two private equity real estate funds, of which CapMan Real Estate I invests in commercial properties in the Helsinki Metropolitan Area and CapMan RE II fund in property development targets in Finland. The latest investments by the real estate funds are made in Entresse Shopping Centre in Espoo and Tokmanni Group’s logistics centre in Mäntsälä.

For further information, please contact:
Pekka Salakka, Director, Real Estate Investments, CapMan Real Estate, tel. +358 500 500 802

CapMan
CapMan is one of the leading private equity investors in the Nordic countries and manages Nordic buyout, mezzanine, technology, life science and real estate funds with approximately EUR 3.0 billion in total capital. Each investment area has a dedicated team and altogether CapMan employs around 100 people in Helsinki, Stockholm, Copenhagen and Oslo. Established in 1989, CapMan has strong experience as a fund manager and as a partner for investors and entrepreneurs. To date CapMan has made over 150 Nordic investments and over 90 exits. The current portfolio encompasses over 60 companies with an aggregate turnover of approx. EUR 2.7 billion and aggregate personnel of 17,000 people. The latest investments are made in Finnish Movial Applications Oy, Danish IT2, Swedish Nacka Närsjukhus Proxima AB and Norwegian InfoCare ASA. In addition, CapMan has invested in nearly 30 real estate assets and exited from 22. The B shares of CapMan Plc are listed on Helsinki Stock Exchange since 2001. www.capman.com

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