Hannes Snellman Counsel to CapMan Social Real Estate Fund in the Acquisition of Educational Properties
11 January 2024
Hannes Snellman acted as counsel to CapMan Social Real Estate Fund in the acquisition of a portfolio of three assets in the centrally located Helsinki Hietalahti area. Two of the buildings house the French Jules Verne kindergarten and school and one, once refurbished, will house daycare facilities operated by the City of Helsinki.
This is the first acquisition by the CapMan Social Real Estate Fund. After this first investment, the fund continues fundraising, targeting EUR 500 million in equity commitments and a total investment capacity of nearly EUR 1 billion over the coming years.