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2015-04-01

CapMan Oyj: CapMan Nordic Real Estate fund exceeds its initial target size at final closing

CapMan Press Release 1 April 2015 at 10.00 a.m. EEST

CapMan Nordic Real Estate fund exceeds its initial target size at final
closing

CapMan's latest value-add fund held its final closing at EUR 273 million,
exceeding its initial target size, with a support from a number of
institutional investors across Europe and the US. The fund invests
predominantly in office, retail and residential properties in established and
fast-growing submarkets of major Nordic cities.

The CapMan Nordic Real Estate fund has already made six investments deploying
approx. one third of its total capital. The investments include office
buildings Silverdal I, Apelsinen 4 and Bergshamra Bro in fast-growing and
well-connected office areas in Northern Stockholm and the Plaza Presto office
building in Finland close to the Helsinki-Vantaa airport. Furthermore, the
fund has acquired nine properties on Amagerbrogade and two prime residential
properties in central Copenhagen where the residential market is experiencing
high demand.

"There are a lot of attractive investment opportunities in our key markets and
we are expecting to make a number of new investments this year. Thanks to our
local presence and strengthened team, we have excellent resources for value
creation. We manage and develop our properties in close cooperation with our
tenants," says Mika Matikainen, Senior Partner and Head of CapMan Real
Estate.

Last week the CapMan Nordic Real Estate fund made its latest investment
commitment to the development of City Center BROEN, a 29,900 m² shopping
centre in Esbjerg, Denmark. The construction of the shopping centre with
approx. 70 stores will start in the spring 2015. The development project is
carried out in partnership with TK Development A/S.

"The shopping centre has a unique location over the railroad tracks next to
the downtown train station with excellent accessibility by car and public
transportation. The shopping centre will strengthen the Esbjerg city centre
and offer a premier shopping experience for a catchment area of approx.
250,000 people," comments Torsten Bjerregaard, Senior Partner at CapMan Real
Estate.

For further information, please contact:

Mika Matikainen, Senior Partner, Head of CapMan Real Estate, tel. +358 (0)20
720 7616

Torsten Bjerregaard, Senior Partner, CapMan Real Estate, tel. +44 7715 772 554

CapMan www.capman.com

CapMan is one of the European leaders 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. We 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 - 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 €3.0 billion.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: CapMan Oyj via Globenewswire

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