CapMan Real Estate Secures Major Housing Project in Stockholm
Deal News | Aug 22, 2025 | Capman Growth
CapMan Real Estate has announced the acquisition of a 262-unit multifamily housing development project located in Handen, Haninge, a district in Greater Stockholm. This investment is made through CapMan Nordic Real Estate III, a value-add fund. The project, entrusted to the Swedish developer Reliwe, is slated for completion in the second quarter of 2028 and comprises 12,119 m2 of lettable area. It is strategically situated close to Haninge Shopping Centre and Handen Station, facilitating a 20-minute commute to Stockholm. This development aligns with robust sustainability standards, aiming for BREEAM In-Use and Miljbyggnad Silver certifications and a minimum EPC rating of B. The project will utilize renewable energy sources, such as solar panels, to comply with the EU Taxonomy. CapMan Real Estate underscores its partnership with Reliwe and Consto, emphasizing the deal's significance in expanding their residential strategy within Stockholm. The acquisition is expected to close in the third quarter of 2025, with CapMan Real Estate managing €5.5 billion in assets across several Nordic cities, and housing a professional team of over 80 individuals.
Sectors
- Real Estate
- Sustainability
- Private Equity
Geography
- Sweden – The real estate development project takes place in Handen, Haninge, which is part of Greater Stockholm in Sweden.
- Nordic Region – Reflecting CapMan's widespread operations and management across Helsinki, Stockholm, Copenhagen, Oslo, and London.
Industry
- Real Estate – The article discusses a major acquisition and development project by CapMan Real Estate in Stockholm, focusing on a multifamily housing project.
- Sustainability – The project's alignment with sustainability standards such as BREEAM and Miljbyggnad Silver certifications, and use of renewable energy like solar panels underlines the relevance of sustainability in real estate development.
- Private Equity – CapMan Real Estate, a part of CapMan, a Nordic private asset expert, is using its private equity fund to forward fund this real estate development project.
Financials
- €5.5 billion – Total real estate assets managed by CapMan Real Estate.
- 6.5 billion – Total assets under management by CapMan.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CapMan Real Estate | Acquirer | Company | A Nordic real estate investment company managing approximately €5.5 billion. |
| Reliwe | Developer | Company | A leading Swedish residential developer responsible for developing the project. |
| Consto | Construction Company | Company | This company is responsible for the construction of the housing development project. |
| Pontus Danielsson | Investment Manager | Person | Representative of CapMan Real Estate overseeing the investment management. |
| Magnus Berglund | Partner and Head of Sweden and Norway | Person | A leader at CapMan Real Estate responsible for Swedish and Norwegian operations. |