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.