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Ashurst advised CapMan on third Nordic real estate fund
Global law firm Ashurst advised CapMan on the establishment of their third Nordic value-add real estate fund, the CapMan Nordic Real Estate III Fund.
The Fund, which includes Nordic, European, North American and Asian institutional investors, held its final closing in March 2021 with €564 million of equity commitments, exceeding its target size of €500 million and reaching its hard cap.
The Fund is the largest in CapMan’s operating history and demonstrates the high-levels of confidence investors have in CapMan’s value-add real estate investment strategy. With leverage, the gross investment capacity of the Fund exceeds €1.4 billion.