Capman RE II, a fund managed by Finnish asset manager Capman, has acquired 6.8 hectares of land in the Kivisto area of Vantaa, in the Helsinki metropolitan area. Under the existing plans, the land and the surrounding properties will be zoned mainly as a commercial services district. Capman said completion of the transaction is subject to the condition that the City of Vantaa does not exercise its statutory pre-emption right to the land area.
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