Capman Buys Commercial Property in Oslo
Capman Nordic Real Estate II fund has acquired Lille Grensen 5, a retail and office property located in Oslo city centre from a German fund.
"We are very excited about the purchase of this property, which is extremely well located from both a retail and office perspective. With some vacancy and leases coming up for expiry, we see an excellent opportunity to upgrade the premises for existing and potential tenants in order to create extra value," comments Ed Williams, Managing Partner at Capman Real Estate.
The acquisition of Lille Grensen 5 is Capman Nordic Real Estate II's second acquisition following closing of the EUR 425M fund raising in August this year. The focus of the fund is to acquire mainly office, retail and residential properties located in established submarkets of major Nordic cities.
Maria Olsson Äärlaht