2011-01-27 05:00Press release

Niam Nordic V completes first close

The Swedish private equity firm Niam has completed the first closing of its fifth opportunistic real estate fund Niam Nordic V, having raised €125 million of capital from mainly North American and European institutional investors. Niam Nordic V has a target fund size of €600 million, providing a total investment capacity of approximately €2.2 billion.

Niam Nordic V will focus on commercial real estate in the Nordic and Baltic regions, including office, retail and logistics.

“Through Niam Nordic V we can continue our successful investment activities. We will complete additional closings throughout the year with a target of €600 million in equity. This will make Niam Nordic V one of the biggest opportunistic real estate funds in Europe with an investment capacity of approximately €2.2 billion”, says Johan Bergman, CEO of Niam.

The real estate investments will be made through Niam’s organization in Sweden, Finland and Norway and can include everything from new development projects to existing properties/portfolios with value-add opportunities.


For more information, please contact:

Johan Bergman, CEO, Niam AB            

+46 8 5175 85 95, johan.bergman@niam.se

Niam is the leading real estate private equity firm in Northern Europe and offers financial institutions the opportunity to invest in the Nordic and Baltic property markets. Since inception in 1998, Niam has invested over €5 billion through its own funds or on behalf of its financial partners and has generated a realized gross leveraged IRR of 31%. Niam is headquartered in Stockholm with satellite offices in Oslo and Helsinki, a fully integrated investment team of 33 dedicated real estate professionals and an experienced senior management with over 20 years of direct real estate investment and development experience. For more information, please visit www.niam.se.  

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.