CapMan Real Estate acquires two additional mixed residential & retail properties in central Copenhagen

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 5,006 m² of space, of which 30% is residential and 70% retail. This is the sixth investment of the CapMan Nordic Real Estate fund.
"The current portfolio has performed well during the first six months and the new investment further strengthens our opportunities to develop and add value to the portfolio. The residential market in Copenhagen has become stronger and we are looking forward to making additional acquisitions in Denmark in the near future," states Torsten Bjerregaard, Senior Partner of CapMan Real Estate and responsible for the investment. Keystone Investment Management is the local operating partner on the transaction and SEB is providing the bank financing.
Following the investment, the Amagerbrogade portfolio will consist of nine mixed residential and retail properties comprising 16,512 m² of space. This is the sixth investment of the CapMan Nordic Real Estate fund and the fourth investment in Denmark. The focus of the fund is on office, retail and residential properties located in established submarkets of major Nordic cities. Fundraising for the fund continues.
Source: CapMan