Niam recruits Head of Project Development

Niam has hired Hans Lisserkers as Head of Project Development. At Niam, Mr. Lisserkers will be leading all development projects relating to the holdings in Niam’s real estate funds. Prior to joining Niam, Mr. Lisserkers spent 13 years with Skanska, a listed Swedish constructions company where Mr. Lisserkers most recently worked as the Business Development Director responsible for finding and creating new real estate projects within the Commercial Development division at Skanska Corporation in Stockholm, Sweden. Mr. Lisserkers will start his employment at Niam on May 1, 2012.

For further information, please contact:

Johan Bergman, CEO, Niam AB +46 8 5175 8595

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, Helsinki and Copenhagen, a fully integrated investment team of 38 dedicated real estate professionals and an experienced senior management with an average of over 20 years of direct real estate investment and development experience. For more information, please visit www.niam.se.