Nordic private equity firm CapMan said on Tuesday that its CapMan Real Estate I fund has sold a retail property located at Pysäkkikuja 1 in Tuusula, Finland. The buyer is AKR Tuotto Ky fund, which is managed by Auratum Real Estate Oy. The financial details were not disclosed.

The property at Pysäkkikuja 1 was built in 1997 and provides around 8,300 m2 of lettable space anchored by HOK Elanto with a long-term rental contract.

CapMan manages four real estate funds; the CapMan Real Estate I fund, which invests in commercial properties in Greater Helsinki; the CapMan RE II fund, which invest in commercial and development projects around Finland; the CapMan Hotels RE fund, which invest in hotel properties, as well as CapMan's first project-specific hotel property fund, CapMan Yrjönkatu 17 Ky, which owns a hotel in central Helsinki.

Auratum Real Estate Oy is part of Auratum Group and is active in the development of high-quality residential and commercial properties, with a portfolio of some EUR 300 mln in Finland.