CapMan Real Estate acquires an office building in a fast-growing business area in Northern Stockholm

Press Release - 28 September 2014 at 14.05 p.m. EET

CapMan Real Estate acquires an office building in a fast-growing business area in Northern Stockholm

CapMan Nordic Real Estate fund has signed an agreement to acquire an office building ("Apelsinen 4") from Trifam Fastighets AB, a Swedish property company. The 13,239 square-metre property is located in Solna Strand, an established office location in Northern Stockholm. This is the eighth investment of the CapMan Nordic Real Estate fund and the third one in Sweden.

Built in 1974, Apelsinen 4 is a seven-storey building of modern standard and includes two garage parking floors. The property is currently 70% leased to a well-diversified group of tenants.

"The Stockholm office market is experiencing stronger demand, and Solna is one of the more popular submarkets amongst occupiers. The excellent accessibility to the city centre and primary airports like Arlanda, makes it an attractive location for businesses. We see many value-add opportunities in this new investment through active management and leasing work," states Edward Williams, Senior Partner at CapMan Real Estate and responsible for the investment.

The focus of the Nordic Real Estate fund is to acquire office, retail and residential properties located in established submarkets of major Nordic cities. Fundraising for the fund continues.

For further information, please contact:

Edward Williams, Senior Partner, CapMan Real Estate, tel. +46 8 445 1051
Mika Matikainen, Senior Partner, Head of CapMan Real Estate, tel. +358 (0)20 720 7616

CapMan Real Estate www.capman.com
CapMan Real Estate manages four real estate funds: the CapMan Nordic Real Estate fund, which is in active investment phase and investing in office, retail and residential properties located in the Nordic countries; the CapMan Real Estate I fund, which is focused on commercial properties in Greater Helsinki; the CapMan RE II fund, which is focused on commercial and development projects around Finland and CapMan Hotels RE fund, which owns hotel properties, primarily in Finland. The team comprises of approx. 20 people based in Helsinki, Stockholm, Copenhagen and London.

CapMan Real Estate is part of CapMan Group, a leading private equity firm in the Nordic countries and Russia, with assets under management of €3.1 billion. CapMan has five key investment partnerships - CapMan Buyout, CapMan Real Estate, CapMan Russia, CapMan Credit and CapMan Public Market - each of which has its own dedicated investment team and funds. Altogether, CapMan employs approx. 100 people in Helsinki, Stockholm, Moscow, Luxembourg and London. CapMan was established in 1989 and its B shares are listed on the Helsinki Stock Exchange since 2001.

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