2016-02-19 11:00Press release

Niam acquires six office properties in Helsinki, Finland

Niam has acquired six office properties in Helsinki from Elo Mutual Pension Insurance Company in two independent transactions. The portfolio comprises a total lettable area of approximately 77,000 sqm. The properties are modern, high quality office buildings built between 2002 and 2007. All six properties are located within the Helsinki Metropolitan Area with three properties in Espoo, two in Vantaa and one in Helsinki.

Johan Bergman, Niam CEO, says, “We are confident that the Helsinki office market is a very attractive investment market that will continue to improve. Niams active asset management approach will add further value to the portfolio assets.”

The financing will be provided by German bank Helaba who is acting as Arranger and sole Lender in this transaction.

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

Pekka Salakka, Head of Finland, Niam Oy
+358 500 500 802, pekka.salakka@niam.fi

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

Niam is the leading real estate private equity firm in Northern Europe with real estate assets under management of approximately €2.9 billion. Niam offers global institutions the opportunity to invest in the Nordic property markets. Niam was established in 1998 and has invested €6.1 billion through its own funds since 2000. Niam has a fully integrated investment team of 49 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

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.