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Press release - 15 May 2007

CapMan acquires a commercial property in Malmi, Helsinki

CapMan Real Estate I fund managed by CapMan has acquired the commercial property located at Malminkaari 9 in Helsinki from Fennia Life Insurance Company Ltd.

The commercial property is located in the suburb of Malmi in Helsinki and it was built in 1987. The lettable area of the property totals approx. 5,000 m², and it is fully leased at the time of investment.

 

CapMan manages two private equity real estate funds, of which CapMan Real Estate I fund has investment focus on commercial properties in the Helsinki metropolitan area and CapMan RE II fund on property development targets in Finland.

 

For further information, please contact:

Pekka Salakka, Director, Real Estate Investments, CapMan Real Estate, tel. +358 500 500 802

Timo Rantala, Head of Real Estate Investments, FENNIA and Fennia Life Insurance, tel. +358 40 528 7141



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 Novintel Oy, Danish ScanJour A/S, Swedish QuickCool AB and Norwegian InfoCare ASA. In addition, CapMan has invested in 28 real estate assets and exited from 22. The B shares of CapMan Plc are listed on the Main List of the Helsinki Stock Exchange since 2001. www.capman.com