CapMan Nordic Real Estate fund is adding to its existing residential & retail portfolio in Copenhagen with the acquisition of two more properties located along Amagerbrogade, a well-known high street leading to the center of Copenhagen. The new properties comprise 2,707 m² of space, of which 72% is residential and 28% retail. This is the third investment of the CapMan Nordic Real Estate fund.
CapMan Nordic Real Estate completed its first closing in March 2013, providing a current investment capacity of approximately €125 million. The fund made its first investment in December 2012 by acquiring the Silverdal 1 building located in Sollentuna in the Greater Stockholm area. In September 2013, the fund agreed to acquire several properties on Amagerbrogade. Fundraising for the fund continues, with final closing expected in 2014.
Source: CapMan Real Estate