CapMan Real Estate advises Bayerische Versorgungskammer on the acquisition of an €80 million prime residential portfolio in Finland

CapMan Plc                        Stock Exchange Release                12 April 2016 9.45 am EEST

CapMan Real Estate advises Bayerische Versorgungskammer on the acquisition of an €80 million prime residential portfolio in Finland

CapMan Real Estate has advised Bayerische Versorgungskammer (BVK), Germany's largest pension scheme group with approximately €62 billion assets under management, on the acquisition of a prime residential portfolio in the Helsinki Metropolitan Area.

The portfolio comprises seven residential assets in growing communities in the Helsinki metropolitan area with 356 apartments totalling 18,781 square metres. The portfolio was acquired from the Finnish real estate fund Tapiola KR IV Ky. In addition to sourcing and advising on the transaction, CapMan Real Estate will manage the assets.

"We are delighted to work with BVK on this transaction. This commitment demonstrates the strength and high regard of our team in the Nordic real estate market. As advisors, we are able to leverage our expertise and networks while utilising value added strategies that we have successfully implemented in our own funds over the years," comments Mika Matikainen, Head of CapMan Real Estate.

"This deal is a continuation of our growth strategy and our ambition to serve LPs beyond the traditional fund model," says Heikki Westerlund, CEO of CapMan Plc.

For additional information, please contact:
Mika Matikainen, Head of CapMan Real Estate, tel. +358 40 519 0707
Heikki Westerlund, CEO, CapMan Plc, tel. +358 50 559 6580

About CapMan www.capman.com  
CapMan is a leading Nordic investment and asset management company active in the private equity industry. For more than 25 years, we have been developing companies and real estate and supporting their sustainable growth. We are committed to understanding the needs of our customers in an ever-changing market environment. Our objective is to provide attractive returns and innovative solutions for our investors and value adding services for professional investment partnerships, growth-oriented companies and tenants. Our independent investment partnerships - Buyout, Real Estate, Russia and Credit - as well as our associated company Norvestia are responsible for investment activities and value creation. CapMan's service business offering includes fundraising advisory services, purchasing activities and fund management services to both internal and external customers. CapMan has 100 private equity professionals and assets under management of €2.8 billion.

Bayerische Versorgungskammer (BVK) www.versorgungskammer.de
Bayerische Versorgungskammer is the competence and service centre for occupational and communal pension schemes and Germany's largest pension scheme group under public law. It is the joint executive body of twelve liberal professions' and communal pension schemes. BVK covers about 2 million insured persons in total, with contributions of €4 billion and €2.9 billion pension payments annually. It currently has €62 billion assets under management and 1,200 employees.