“The performance has been stellar for the fund’s first year of operations – in 2018, CMNPI total return was circa 13 percent. We have a strong local presence in the Nordics and are continuously seeking new investment opportunities in line with the fund’s open-ended income-focused strategy. We are looking to add new investors to the fund for example from the Nordic region,” says Sampsa Apajalahti, Investment Director at Capman Real Estate.
In March 2019 CMNPI closed it's latest acquisition, Kryddpepparn 1. The 8,000 sqm office and light industrial building is located in Mölndal, 10 km south of central Gothenburg. The property was acquired from Billes through a sale and lease back transaction.
“We are very exited about the purchase of this property in one of the strongest submarkets of Gothenburg. Mölndal is a very well-established commercial area and is going through strong growth. This property is an excellent addition to our well-diversified portfolio in the Nordics”, comments Anna Reuterskiöld, Deputy Head of Capman Real Estate Sweden.