CapMan Real Estate acquires Hotel Crowne Plaza Copenhagen

CapMan Real Estate has completed the acquisition of Hotel Crowne Plaza Copenhagen through CapMan Nordic Real Estate IV (CMNRE IV), marking one of the first investments by the Fund following its successful first close in June. 

Copenhagen Towers

The transaction was executed via a newly formed 50/50 joint venture with Danish pension company AP Pension and was purchased from Niam Real Estate who acquired the property in 2019.

The four‑star hotel comprises approximately 29,000 sq m, including 366 rooms and extensive conference and meeting facilities. Located in Ørestad, one of Copenhagen’s fastest‑growing business and residential districts, the property benefits from strong connectivity to both the city centre and Copenhagen Airport, as well as proximity to Bella Center, Royal Arena and the Field’s shopping centre.

Copenhagen remains one of the Nordic region’s most resilient hotel markets, supported by robust business and leisure demand, international connectivity and limited new supply.

Mika Matikainen, Managing Partner at CapMan, said the hotel fits squarely within the Fund’s investment strategy. He highlighted the combination of strong market fundamentals, long‑term trends and opportunities for active asset management as key drivers of value creation. CapMan, through its hotel fund, is the largest private hotel investor in the Nordics, supported by a dedicated hotel team operating across the region.

Rikard Henriksson, Head of Real Estate at Niam Group commented “The hotel market has recovered strongly following the pandemic, supported by increasing travel and continued demand for high-quality hotel assets in attractive locations. This transaction reflects the renewed strength of the market and the continued appetite from institutional investors for well-positioned assets with strong long-term fundamentals”.