Office, retail, hotel and residential assets in the most liquid nordic submarkets

Real Estate

A truly Nordic real estate investor based in Helsinki, Stockholm and Copenhagen

We execute mainly value add equity strategies with a focus mainly on mid-cap, transitional office, retail and residential assets in the most liquid sub-markets in Sweden, Finland, Denmark and Norway. We utilise best in class operating leverage and deploy a fully integrated platform to maximise NOI.

We identify suitable assets, improve them and sell stabilized core or near–core assets to institutional buyers. Besides pure value–add plays, we offer our clients also other select investment strategies such as income focused hotel and residential investments where our local value–add expertise can be utilised to enhance long–term returns.

€1.7bn

assets under management

30+

real estate investment professionals

4

investment strategies

100+

real estate transactions

REAL ESTATE investment offering

Attractive returns with reasonable risk

Nordic Real Estate

Value add

Nordic Real Estate I & II funds

Strong cash flow over long-term

Nordic property income

Income

Nordic Property Income fund (non-UCITS)

Stable cash flow over long-term

Hotels

Income

Hotels fund 

Stable cash flow in prime locations

Investment mandates

Core

Mandate from BVK (the largest pension group in Germany)

The truly Nordic investor

Many of our clients see the Nordic region as a single market. For us, the Nordic market is nuanced and rich with opportunity. Our multi-local Nordic team is familiar with the characteristics of each liquid sub-market across the region. We have our feet on the ground in Helsinki, Stockholm and Copenhagen, where we have built solid networks over the past 15 years. We take care of the complexity of the Nordic market, so that our investors don’t have to.

Strategies ranging from core to value add

Our offering ranges from core and core+ to value add strategies. Besides pure value-add plays, we offer our clients also other select investment strategies such as income focused hotel and residential investments where our local value-add expertise can be utilised to enhance long-term returns.

Sustainability is in our DNA

Our primary focus is on environmental aspects where we see major potential in improving the environmental performance of our property investments. Consequently, environmental considerations are integrated in daily management of the assets in our real estate funds and in the refurbishment plans for all our properties. In addition, we conduct energy efficiency assessments (including electricity, heating, water and structure) followed by improvement plans with a concrete development agenda. Energy efficiency improvements in our assets result in decreased environmental burden and direct cost savings through lower energy usage. We continuously monitor the regulatory environment to ensure that our properties are up to date with international standards such as LEED and BREEAM. We apply for environmental certifications for our real estate investments, where appropriate.

Nordic Real Estate
Nordic Property Income
Hotels
Investment Mandates

Meet our Nordic real estate professionals

Real Estate team

We deliver added value to our customers by active sourcing & execution of property transactions and active asset management.

Value creation

“The exit from our property at Finsensvej 86 in Copenhagen is a good example of how we implement our value add strategy but are able to act flexibly if needed. Flintholm is an attractive business district in the county of Frederiksberg in Copenhagen and the demand for office space has been good. During our ownership period, we have successfully extended the lease agreements in the building and the timing for the exit is perfect.” – Torsten Bjerregaard, Managing Partner at CapMan Real Estate Denmark.

 

AIFM

Alternative investment fund manager

CapMan Real Estate Ltd is a fund manager company specialized in real estate investments. In March 2017 the Finnish Financial Supervisory Authority granted CapMan Real Estate Ltd a license to act as an alternative investment fund manager (“AIFM”). Currently CapMan Real Estate Ltd is acting as AIFM for two real estate funds. CapMan Nordic Real Estate II FCP-RAIF is a closed-end fund based in Luxembourg. The fund has a Value-add investment strategy which covers office, retail, hotel and residential properties in the Nordics. Finland-based CapMan Nordic Property Income Fund in turn is an open-ended special investment fund targeting steady cash flow from the office, retail, logistics and hotel properties located in the Nordic growth cities. It is open for subscriptions four times per year.

Fund CapMan Nordic Real Estate II FCP-RAIF CapMan Nordic Property Income Fund
Domicile Luxembourg Finland
Legal form FCP-RAIF Finnish special investment fund (FI: erikoissijoitusrahasto)
Year of incorporation 2017 2017
Closed-end/Open-end fund Closed-end Open-end
Income/Risk profile Value add Income
Term of the fund approx. 7 years Continuous
Fund size 425 MEUR –
Minimum subscription – 50 000 EUR
Subscription The fund is a closed-end vehicle which first and final closing was held in August 201 and, therefore, it is no longer available for new subscriptions. The fund is open for new subscriptions four times per year at the last banking day of March, June, September and December.
Redemption of fund units The fund is a closed-end vehicle and, therefore, it is not possible to redeem fund units during the fund’s term. It is possible to redeem fund units twice per year, at the last banking day of March and September.