The property at Viinikankatu 49 in Nekala, Tampere comprises commercial premises and warehouse space and it was built in 1968. The lettable area of the property totals 10,000 m², and it is almost fully leased at the time of investment.
”Viinikankatu 49 is located in the Nekala district, which is one of Tampere’s most active concentrations of wholesale and retail trade. The development potential of the property is related in particular to the area’s magnetism for further development. CapMan RE II fund will also investigate other prospective investment targets in Tampere’s business district,” says Pekka Salakka, Director of Real Estate Investments at CapMan.
CapMan established its second private equity real estate fund CapMan RE II in September 2006. The fund has investment focus on property development targets in Finland, including property zoning development, construction of new projects and functional development of properties. The portfolio is diversified by asset size, location and sector. The aggregate investment capacity of CapMan RE II and CapMan Real Estate I fund, which invests in commercial properties in the Helsinki metropolitan area, totals approx. EUR 750 million.
For further information, please contact:
Pekka Salakka, Director, Real Estate Investments, CapMan Real Estate, tel. +358 500 500 80