2020-09-21 08:00Press release

Niam acquires 70 residential units in Hillerød

Vision image HillerødVision image Hillerød

Niam has entered into a binding agreement for the acquisition of 70 terraced houses in Hillerød Municipality in Greater Copenhagen area of Denmark. The residential units are acquired from Sophienberg Gruppen and Lemvigh-Müller. The sellers will deliver the units turnkey on June 1st, 2022.

Michael Berthelsen, Country Manager Denmark, says, "We are excited to be able to acquire these high-quality terraced houses in the heart of Hillerød, which are affordable for most families. We believe that Hillerød is an attractive city to join our residential property portfolio”.

For further information, please contact:
Michael Berthelsen, Country Manager Denmark
+45 21 32 33 55, michael.berthelsen@niam.com

For further information about Niam, please contact:
Jennifer Andersson, Acting Managing Partner
+46 8 5175 85 59, jennifer.andersson@niam.com

Niam is a leading real estate private equity firm in Northern Europe with real estate assets under management of approximately €3.6 billion. We offer global institutions the opportunity to invest in the Nordic property markets. Niam was established in 1998 and has invested over €10.8 billion since inception. We have a fully integrated investment team of more than 70 dedicated real estate professionals with experience across all major asset classes. For more information, please visit www.niam.com.


About Niam AB

Niam is its employees. We pride ourselves on being the best partner to our tenants, investors and the local community. Since inception in 1998, Niam has consistently outperformed through all real estate cycles. Today we are one of the largest private property owners in the Nordics, headquartered in Stockholm with local offices in Copenhagen, Helsinki, Oslo and Luxembourg.

Contacts

Michael Berthelsen
Country Manager Denmark
Michael Berthelsen