CapMan Real Estate has sold the Seminaari School property located in central Hämeenlinna, Finland held by the CapMan Nordic Real Estate III fund (CMNRE III). The faster than originally planned implementation of the business plan allowed the early exit of this public use property leading it to significantly exceed the return targets of the original underwriting. The buyer is real estate investment company Hemsö, listed on the Stockholm stock exchange.
The Seminaari School is the largest primary school in Hämeenlinna, accommodating approximately 700 pupils, and the entire property is leased to the City of Hämeenlinna on a long-term lease.
Source: press release received on 28 October 2025