Plesner has advised Nykredit Realkredit in connection with a cross-border mortgage financing solution for CapMan Residential Fund FCP-RAIF's residential real estate portfolio.
CapMan Residential Fund FCP-RAIF is a Nordic residential real estate fund investing in high-quality residential properties in major urban areas. The fund was established in 2021 and has since grown to approximately EUR 1.2 billion in assets under management.
The financed portfolio comprises approximately 60 residential properties across Denmark, Sweden and Finland, including properties in Copenhagen, Aarhus, Hellerup, Järfälla, Espoo and Vantaa.
Plesner is pleased to have advised Nykredit Realkredit on the transaction, which involved a coordinated financing structure supported by legal advice across the relevant Nordic jurisdictions, including assistance from Hannes Snellman in Finland, Advokatfirman Lindahl in Sweden and Stibbe in Luxembourg.
The core Plesner team consisted of Henrik Kure, Christian Scott Uhlig and Nanna Steenberg.