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CapMan completed the acquisition of four office properties from Goldman Sachs Asset Management and Cromwell Property Group.

Synopsis

CapMan, a Nordic private asset company, completed the acquisition of four office properties from Goldman Sachs Asset Management, a private equity arm, and Cromwell Property Group, a real estate investor and fund manager. Financial terms were not disclosed. “the Pasila-Vallila-Kalastama commuter area is one of the largest office hubs in Helsinki. The prime location and availability of public rail transport offer plenty of opportunities to companies seeking office space. That said, many of the offices in the area are in need of upgrades. Our goal is to create attractive workplaces by modernising the spaces and improving their energy efficiency, with the ultimate aim of obtaining energy certificates for each of the assets. Overall, the assets are a great strategic fit for our fund,” Sampsa Apajalahti, CapMan Investment Director.

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