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Elin Edelström
Head of Marketing and Communications, Newsec Group
Mobile: +46790604080
Elin.Edelstrom@newsec.com
Stureplan 3 Stockholm, Sweden
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Newsec has entered into a new agreement with CapMan Real Estate covering the financial management of CapMan’s Nordic hotel portfolio. The mandate comprises a total of 28 hotel properties across Sweden, Norway and Denmark, making it one of the largest consolidated hotel portfolios in the Nordic region.
Newsec will be responsible for the portfolio’s financial management, with a strong focus on stable delivery, high quality and efficient processes. CapMan selected Newsec as its partner based on the company’s extensive expertise in financial management, where digitalization and automation are core components of the offering.
The agreement marks the beginning of a strategic partnership between the two parties, with the ambition to gradually expand the collaboration to additional service areas and continue growing together across the Nordic market.
“We are excited to start this long-term partnership with CapMan. This mandate aligns perfectly with our Nordic platform and our commitment to supporting clients across the region, combining local knowledge with consistent, high-quality management,” says Petra Scharin, co-CEO of Newsec.
CapMan views the collaboration with Newsec as an important step in the continued management of the hotel portfolio and looks forward to a partnership with a clear Nordic focus.
“Newsecs financial management offering provides us with increased transparency, improved decision-making support and efficient management of our hotel portfolio. This creates the conditions for a more data-driven and future-proof approach to asset management at a Nordic level,” says Simon Hultén, Investment Director at CapMan Real Estate.