Niam divests mix-used property in Roskilde, Denmark

Office and retail property in central Roskilde, in the greater Copenhagen area

Niam has divested an office and retail property in Algade, central Roskilde, in the greater Copenhagen area. The ~10,000 sqm property was previously headquarters to former Roskilde Bank and is a prestigious mixed-use landmark property located on the best high-street location in Roskilde.

Michael Berthelsen, Country Manager Denmark, says, “During our seven years of ownership, we have successfully managed this modern multi-tenant office and retail property. We are happy to hand over the asset to the local investor and developer MM Properties, who will continue to manage the property well. Going forward, Niam will continue to stay active in Denmark across all property segments”.

Marc Møller, CEO & CO-Founder MM Properties, says, “We would like to thank the seller and broker for a well-functioning process in connection with the transaction. We are looking forward to taking over the property and are humbled by the opportunity to continue managing and further developing it over the next coming years”.

For more information, please contact:
Michael Berthelsen, Country Manager Denmark
+45 21 323 355, michael.berthelsen@niam.com  

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

Niam is one of the leading real estate private equity firm in Northern Europe with real estate assets under management of approximately €3.7 billion. We offer global institutions the opportunity to invest in the Nordic property markets. Niam was established in 1998 and has invested over €11 billion since inception. We have a fully integrated investment team of more than 70 dedicated real estate professionals with experience across all major asset classes. Niam is headquartered in Stockholm and has offices in Oslo, Helsinki, Copenhagen and Luxembourg. For more information, please visit www.niam.com.