CapMan closes third Nordics real estate fund

The Helsinki-based manager reached the hard-cap for its real estate strategy.

Fund name: CapMan Nordic Real Estate III
Amount raised: €564 million
Target size: €500 million
Hard-cap: €564 million
Stage of fundraising: Final close
Final close date: March 2021
Time on the road: Six months
Predecessor fund: CapMan Nordic Real Estate II (€425 million)

CapMan closed its latest Nordic real estate fund after six months on the road, reaching its €564 million hard-cap and surpassing its target size of €500 million. The fund will continue its predecessor’s strategy of investing into value-add opportunities in the Nordics.