2021-11-17 19:00Press release

Niam divests CGI HQ in Helsinki metropolitan area

Today, Niam has divested one of their office properties in Helsinki metropolitan area to Altaal. It was built in 2004 as headquarters for CGI in Finland. The building has seven floors providing space for 1,200 employees on 18,500 sqm.

As the other office premises in Helsinki under Niam’s management, the property is strategically located next to major arterial roads and is easily accessed by public transportation.

“The area is an interesting part of Helsinki that we believe will become even stronger given the roll out of the Jokeri light rail with a station located only 100 metres from our building. Infrastructure investments always support asset values and this micro location will become even stronger upon the Jokeri line completion.” says Stefan Gattberg, founder Altaal.

Antti Muilu, Country Manager Niam Finland, says, “When we acquired the property, we predicted that the infrastructure in the area would improve over time. This being close to materialize, along with active asset management during our holding, we are happy to hand over this excellent asset to Altaal.”

Niam’s Finnish office portfolio now consists of five modern properties with high technical standards and together they total almost 100,000 sqm.

For more information, please contact:
Antti Muilu, Country Manager Finland
+358 407 498 283, antti.muilu@niam.com

For more information about Niam, please contact:
Rikard Henriksson, Managing Partner
+46 8 5175 85 63, rikard.henriksson@niam.com

About Niam AB

Niam is one of northern Europe's leading fund managers with a focus on investments in real estate and infrastructure. Since its inception in 1998, Niam has offered institutional investors the opportunity to invest in the Nordic real estate market through their funds. With extensive experience and expertise, the focus is on identifying and implementing improvements that create the best properties for our tenants and the communities where they are located with the goal of meeting both current and future needs. For the past 23 years, Niam has invested in properties of more than €11.5 billion and today they manage a property portfolio of approximately €2.4 billion. Niam Infrastructure focus on sustainable investments within renewable energy, transportation and telecom in the Nordics and northern Europe. The platform's first fund concentrates on small to medium-sized investments with a focus on asset aggregation and risk reduction in primarily sustainable infrastructure. Niam has more than 85 employees with offices in Stockholm, Helsinki, Oslo, Copenhagen and Luxembourg. For more information, please visit www.niam.com.


Antti Muilu
Country Manager Finland
Antti Muilu

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