Niam acquires an office property in Helsinki, Finland

Niam has acquired an office property in Helsinki from Commerz Real Investmentgesellschaft MBH.

The property, called Life Science Center Keilaniemi, is in an excellent location close to the Keilaniemi metro station in Espoo. Life Science Center Keilaniemi comprises five high-quality interconnected office buildings constructed between 2004 and 2008, with a combined lettable area of approximately 32,000 sqm.

Johan Bergman, Niam’s CEO, says, “We believe that the Helsinki office market is a very attractive investment market that will continue to improve. This property is an excellent addition to Niam’s existing office portfolio in the Helsinki Metropolitan Area, which consists of 22 properties and 200,000 sqm in total. Niam’s active asset management approach will add further value to the asset.”

The financing has been provided by German bank Aareal Bank AG who is acting as Arranger in this transaction.

For more information please contact:

Johan Bergman, CEO, Niam AB
+46 8 5175 85 95, johan.bergman@niam.se

Stefan Albinsson, Fund Manager, Niam AB
+ 46 8 5175 85 15, stefan.albinsson@niam.se

For further information about Niam:
Jennifer Andersson, Head of Investor Relations & Business Development, Niam AB
+ 46 8 5175 85 59, jennifer.andersson@niam.se

Niam AB

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.