| Real Estate

Hannes Snellman Advised CapMan in the Sale of the Seminaari School Property

Hannes Snellman advised CapMan Nordic Real Estate III fund in the sale of the Seminaari School property located in central Hämeenlinna, Finland. The buyer is real estate investment company Hemsö.

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. During CapMan’s ownership, significant value-enhancing projects were completed. Combined energy efficiency and geothermal heating investments are calculated to lead to more than 65% reduction in primary energy demand of the property.

Hannes Snellman’s core advisory team comprised Matti Lajunen, Panu Vikberg and Eemi Piirainen.