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Synopsis
CapMan, a private equity firm investing in real estate, agreed to acquire Midstar Fastigheter, a Nordic hotel real estate portfolio of 28 assets in the Nordics, from Midstar, a pan-Nordic asset management company focused exclusively on hotel real estate investments. Financial terms were not disclosed. "We are excited about this transaction and its positive impact on our hotel fund. The acquisition of this high-quality portfolio outside of Finland strengthens our position as a key player in the Nordic hotel investment market, and it aligns perfectly with our investment strategy. We see significant potential in this platform and are confident in its ability to deliver strong returns, driven by the continued growth of the Nordic hotel market," Mika Matikainen, CapMan Managing Partner.
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