2019-08-13 19:00Press release

Niam closes €1.1 billion in equity for Niam Nordic VII

Niam, a leading Nordic real estate private equity firm, completed the final close for its seventh opportunistic real estate fund, Niam Nordic VII. With a total of €1.1 billion in equity commitments, it is the largest private real estate fund in the Nordics.

The investors are a mixture of public and corporate pension funds, sovereign wealth funds, endowments, foundations, family offices, insurance companies, fund of funds and financial institutions from around the world.

“We are extremely thankful to our investors who continue to support us and also to the new investors who have chosen us as their Nordic partner. We exceeded our target by over 35% and are confident with the opportunities in the Nordic market,” says Fredrik Jonsson, CEO of Niam.

Niam Nordic VII can invest in all property types in the Nordic countries.

Niam worked closely with International Law Firm, Osborne Clarke, to raise Niam VII.

For more information, contact:
Fredrik Jonsson, CEO, Niam AB
+46 8 5175 85 23, fredrik.jonsson@niam.se

Jennifer Andersson, COO, 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 with real estate assets under management of approximately €3.0 billion. Niam offers global institutions the opportunity to invest in the Nordic property markets. Niam was established in 1998 and has invested over €10 billion through its own funds since 2000. Niam has a fully integrated investment team of more than 60 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.