2013-05-30 16:00Press release

Niam acquires residential portfolio in Copenhagen

With this acquisition, Niam owns a combined Danish residential portfolio of approximately 1,100 high-quality units consisting of over 100,000 sqm of total lettable area. The units were constructed from 2006-2010 and are located in attractive areas in and around Copenhagen.

Johan Bergman, CEO at Niam says, “We are very satisfied with this transaction since in terms of quality and location, this is a perfect match to our existing residential portfolio. Niam is confident that the residential market in Copenhagen is an attractive investment area which will continue to benefit from economic and population growth in the years ahead.”

For more information please contact:

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

Kristian Krogh, Senior Director, Niam Denmark A/S
+45 21310055, kristian.krogh@niam.dk

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 is the leading real estate private equity firm in Northern Europe and offers financial institutions the opportunity to invest in the Nordic and Baltic property markets. Since inception in 1998, Niam has invested over €6 billion through its own funds or on behalf of its financial partners and has generated a realized gross leveraged IRR of 31%. Niam is headquartered in Stockholm with offices in Oslo, Helsinki and Copenhagen, a fully integrated investment team of 40 dedicated real estate professionals and an experienced senior management with over 20 years of direct real estate investment and development experience. For more information, please visit www.niam.se.

About Niam AB

Niam, founded in 1998, is a leading private equity real estate firm in Northern Europe. Our head office is located in Stockholm, Sweden, and we have local offices in the Nordic capital cities of Oslo, Helsinki and Copenhagen. Niam has one of the largest real estate teams specifically focused on the Nordic Region. We recognize that our core strength is our people and our success is dependent upon attracting and developing the top real estate professionals in the region. Simply stated…Niam is people. Niam strives to be the Partner of Choice for Nordic real estate. Our network encompasses strong relationships that extend over decades with leading global institutional investors, European banks, tenants, municipalities and the local community. Our top managers average over 26 years of direct real estate experience. It is this collection of knowledge that makes Niam the Partner of Choice.