CapMan Oyj: CapMan Real Estate and AP Pension joint venture acquires Hotel Scandic Webers

CapMan Real Estate press release 
8 September 2026 at 9:00 a.m. CEST 

CapMan Real Estate and AP Pension joint venture acquires Hotel Scandic Webers

CapMan Real Estate has completed the acquisition of Hotel Scandic Webers through CapMan Nordic Real Estate IV (CMNRE IV) in its 50/50 joint venture with Danish pension company AP Pension. The acquisition follows the recent purchase of Hotel Crowne Plaza Copenhagen and further strengthens the joint venture's presence in the Copenhagen hotel market.

Acquired from Jeudan, Hotel Scandic Webers is a 3-4-star hotel comprising approximately 7,400 sqm, including 152 rooms, located in central Copenhagen close to Copenhagen Central Station, Tivoli Gardens and the Meatpacking District. Together, Hotel Scandic Webers and the recently acquired Hotel Crowne Plaza Copenhagen complement each other through their distinct locations and customer segments. 

The joint venture plans to undertake a comprehensive refurbishment programme together with the operator Scandic to further strengthen the hotel's position in Copenhagen's city-centre hotel market while enhancing the guest experience and the property's long-term competitiveness. 

"With Hotel Scandic Webers, we are adding a high-quality city-centre hotel that complements our recent acquisition of Hotel Crowne Plaza Copenhagen. Together, the two properties provide exposure to different parts of Copenhagen's hotel market while creating attractive opportunities for active asset management and future value creation. We look forward to working with Scandic to realise the hotel's full potential," says Mads Diderichsen, Investment Director at CapMan Real Estate. 

"The acquisition of Hotel Scandic Webers is another important step in building a high-quality hotel portfolio in Copenhagen. The property's prime city-centre location complements our recent investment in Crowne Plaza Copenhagen and further strengthens our exposure to a market supported by strong tourism, business travel and limited new supply. Together with CapMan and Scandic, we see attractive opportunities to enhance the property and create long-term value for our customers." says Mikkel Lieberkind, Real Estate Investment Director at AP Pension. 

"The sale is a good example of how a strong process, and a long-term perspective can go hand in hand. We continuously evaluate Jeudan's properties against our strategic focus and commercial opportunities. In this case, a good solution has been found for both parties, providing a solid foundation for the property's continued development," says Per W. Hallgren, CEO of Jeudan. 

In the acquisition, the joint venture was advised by Poul Schmith, Sweco, PwC, Bruun & Hjejle, Accura, EKJ, and Colliers. 

The sale was brokered on behalf of Jeudan by Cushman & Wakefield | RED. 

The final closing of the transaction is still subject to EU Commission approval of the merger control process between AP Pension and CapMan. 

For more information:

Mads Diderichsen, Investment Director CapMan Real Estate
+45 21 20 56 52

About CapMan

CapMan is a leading Nordic private asset expert with an active approach to value creation and 7.7 billion euros in assets under management. As one of the private equity pioneers in the Nordics we have developed hundreds of companies and assets creating significant value for over three decades. Our objective is to provide attractive returns and innovative solutions to investors by enabling change across our portfolio companies. An example of this is greenhouse gas reduction targets that we have set under the Science Based Targets initiative in line with the 1.5°C scenario and our commitment to net-zero GHG emissions by 2040. We have a broad presence in the unlisted market through our local and specialised teams. Our investment strategies cover real estate and infrastructure assets, real asset debt, natural capital and minority and majority investments in portfolio companies. We also provide wealth management solutions. Altogether, CapMan employs around 200 professionals in Helsinki, Jyväskylä, Stockholm, Copenhagen, Oslo, London, Luxembourg, Düsseldorf and Paris. We are listed on Nasdaq Helsinki since 2001. www.capman.com.

About AP Pension

AP Pension is one of Denmark's leading pension companies and is 100% customer owned. Founded in 1919, AP Pension provides pension, insurance and health solutions to companies and individuals and manages more than DKK 185 billion in assets. As a customer-owned company, AP Pension's objective is to create long-term value for its customers through responsible investment and active ownership.

About Jeudan 

Jeudan is Denmark's largest listed real estate and services company. The company invests in and manages primarily classic and historic properties in Copenhagen and Frederiksberg with a long-term perspective. Jeudan owns more than 200 properties and employs approximately 700 people. 
Customer focus is a core part of the business, and Jeudan works to create well-functioning environments and long-term relationships through attentive service and solutions tailored to customers' needs.