• CapMan Accommodations II (CMH II) has agreed to accumulate a portfolio of 28 resorts from Midstar Fastigheter AB, considerably increasing and diversifying its Nordic resort portfolio.
• The acquisition aligns with CapMan’s give attention to high-quality property in key markets and is a part of the corporate’s broader technique to develop its property beneath administration inside actual property.

CapMan Accommodations II (CMH II), a fund managed by CapMan Actual Property, has signed an settlement to accumulate a portfolio of 28 resorts from Midstar Fastigheter AB. This important transaction, one of many largest of its form within the area, bolsters CapMan Accommodations II’s place as a key participant within the Nordic resort funding market.

Midstar Fastigheter AB is a pan-Nordic property firm specializing in resort actual property investments. Its property are positioned in Sweden, Denmark, and Norway. Following the acquisition, CapMan Actual Property will handle the property.

The portfolio includes 28 resort properties, providing a complete of 4,709 rooms. By way of focused value-enhancing initiatives, the capability can be elevated to 4,887 rooms by 2027. The properties in main metropolitan areas and prime regional places complement CapMan Accommodations II’s current portfolio and align with CapMan’s give attention to high-quality property in key markets.

Mika Matikainen, Managing Associate of CapMan Actual Property, expressed pleasure concerning the transaction and its potential to strengthen CapMan’s place within the Nordic resort funding market. The acquisition aligns completely with CapMan’s funding technique, and so they see important potential on this platform.

Thomas Laakso, Associate at CapMan Actual Property, emphasised their dedication to enhancing the sustainability efficiency of the Midstar Fastigheter portfolio, according to CapMan Accommodations II’s five-star ranking within the GRESB sustainability benchmarking.

The acquisition will improve CapMan’s property beneath administration by EUR 0.4 billion, considerably contributing to its goal of rising property beneath administration to EUR 10 billion. This additionally exemplifies CapMan’s functionality to generate progress by scaling current merchandise, certainly one of its three major progress methods.

The settlement was signed on February nineteenth, 2025, and the transaction is topic to regulatory approval from the Swedish Competitors Authority. The transaction will shut shortly after such approval has been granted. Skandinaviska Enskilda Banken AB (publ) acted as the only monetary advisor, Mannheimer Swartling Advokatbyrå AB because the lead authorized advisor, and CBRE because the business advisor to CapMan Accommodations II on this transaction.