Skandinaviska Enskilda Banken – Financing arrangement

We acted as counsel for Skandinaviska Enskilda Banken AB (publ) in a financing arrangement with CapMan Real Estate in which CapMan completed the acquisition of a residential portfolio from 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’s 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.