CapMan Press Release - 17 September 2014 at 9.00 a.m. EEST

CapMan Real Estate acquires two additional mixed residential & retail properties in central Copenhagen

CapMan Nordic Real Estate fund is adding to its existing residential & retail portfolio in Copenhagen with the acquisition of two more properties located along Amagerbrogade, a well-known high street leading to the centre of Copenhagen. The new properties comprise 5,006m² of space, of which 30% is residential and 70% retail. This is the sixth investment of the CapMan Nordic Real Estate fund.

"The current portfolio has performed well during the first six months and the new investment further strengthens our opportunities to develop and add value to the portfolio. The residential market in Copenhagen has become stronger and we are looking forward to making additional acquisitions in Denmark in the near future," states Torsten Bjerregaard, Senior Partner of CapMan Real Estate and responsible for the investment.

Keystone Investment Management is the local operating partner on the transaction and SEB is providing the bank financing.

Following the investment, the Amagerbrogade portfolio will consist of nine mixed residential and retail properties comprising 16,512 m² of space. This is the sixth investment of the CapMan Nordic Real Estate fund and the fourth investment in Denmark. The focus of the fund is on office, retail and residential properties located in established submarkets of major Nordic cities. Fundraising for the fund continues.

For further information, please contact:

Torsten Bjerregaard, Senior Partner, CapMan Real Estate, tel. +46 (0)8 445 1052

Mika Matikainen, Senior Partner, Head of CapMan Real Estate, tel. +358 (0)20 720 7616

CapMan Real Estate www.capman.com

CapMan Real Estate manages four real estate funds: the CapMan Nordic Real Estate fund, which is in active investment phase and investing in office, retail and residential properties located in the Nordic countries, the CapMan Real Estate I fund, which is focused on commercial properties in Greater Helsinki, the CapMan RE II fund, which is focused on commercial and development projects around Finland and CapMan Hotels RE fund, which owns hotel properties, primarily in Finland. The team comprises of approx. 20 people based in Helsinki, Stockholm, Copenhagen and London.

CapMan Real Estate is part of CapMan Group, a leading private equity firm in the Nordic countries and Russia, with assets under management of €3.1 billion. CapMan has five key investment partnerships - CapMan Buyout, CapMan Real Estate, CapMan Russia, CapMan Credit and CapMan Public Market - each of which has its own dedicated investment team and funds. Altogether, CapMan employs approx. 100 people in Helsinki, Stockholm, Moscow, Luxembourg and London. CapMan was established in 1989 and its B shares are listed on the Helsinki Stock Exchange since 2001.