CapMan Real Estate grows its Nordic residential mandate for BVK to €820 million as it completes a significant off-market portfolio transaction
CapMan Real Estate has completed the acquisition of a residential portfolio from the Finnish fund manager ICECAPITAL and its local investors for a fund on the account of Bayerische Versorgungskammer (BVK), Germany’s largest public pension fund group.The acquisition of ICECAPITAL Housing Fund III portfolio comprises 37 residential assets and 1,740 apartments with a combined area of some 100,000 sqm. The apartments are located mostly in the Helsinki Metropolitan Area. The off-market transaction was sourced by CapMan. Following the acquisition, the investment volume of CapMan’s mandate from