Niam acquires 16,000 sqm office property in Copenhagen

Niam has acquired a fully let office property with a lettable area of approximately 16,000 sqm for €28.1 million (DKK 209 million). The property is located in Borgervænget, in the northern part of Copenhagen, with close proximity to the train station and easy access to the city center as well as the main highway.

Johan Bergman, Niam CEO, says; “We are happy to add this fully let property to our portfolio. The area has an excellent infrastructure and we expect it to undergo a further positive development over the coming years”.

The transaction has been completed as of October 1, 2016.

For more information please contact:
Johan Bergman, CEO, Niam AB
+46 8 5175 85 95, johan.bergman@niam.se

Kristian Krogh, Senior Director / Head of Denmark
+45 21 31 00 55, kristian.krogh@niam.dk

For further information or questions, please contact:
Jennifer Andersson, COO, Head of Investor Relations & Business Development
+46 8 5175 8559, jennifer.andersson@niam.se

Established in 1998, Niam is the leading real estate private equity firm in Northern Europe with real estate assets under management of approximately €3 billion. Global institutional investors are offered the opportunity to invest in the Nordic property markets through Niam’s own funds, which have invested over €6.5 billion to date. Niam has a fully integrated investment team of 50 dedicated real estate professionals with experience across all major asset classes. The company is headquartered in Stockholm and has offices in Oslo, Helsinki and Copenhagen. For more information, please visit www.niam.com.