CapMan Real Estate has acquired the Seminaari school in Hämeenlinna, Finland, for its strategic long-term lease and potential development opportunities.

Target Information

CapMan Real Estate has successfully acquired the Seminaari school, situated in the Kauriala neighborhood of Hämeenlinna, Finland, from the University Properties of Finland. The Seminaari school serves as the city's largest primary educational institution, catering to around 750 students. This property is currently under a long-term lease agreement with the City of Hämeenlinna, making it a strategic asset with a stable income stream.

The Seminaari school complex consists of eight structures, each constructed across different time periods between 1930 and 1984. The property has seen various renovations in recent years, with one building, originally established in 1953, undergoing significant renovations in collaboration with the City of Hämeenlinna. CapMan Real Estate is committed to completing these renovations, while also enhancing the overall energy efficiency and accessibility of the facilities. The firm plans to apply for BREEAM In-Use environmental certification, aiming for a rating of at least 'Very Good'. Additionally, an unbuilt plot allocated for residential development accompanies the property, with discussions on potential development opportunities with the city planned for the upcoming spring.

Industry Overview

Finland's education sector, particularly in real estate associated with educational institutions, presents unique challenges and opportunities. The city of Hämeenlinna, with its population of approximately 68,000, is strate