2015-11-16 08:00Press release

Niam sells two office properties in Helsinki, Finland

Today Niam has sold two multi-tenant office properties located in Espoo just outside of Helsinki, Finland to Fennica Properties I, managed by Fennia Asset Management. The total lettable area of the properties is approximately 8,500 sqm.

Pekka Salakka, Head of Finland, Niam OY says, “Niam has actively worked with reducing vacancies and is happy to have reached our targets for these two properties.”

For more information please contact:

Johan Bergman, CEO, Niam AB
+46 8 5175 85 95, johan.bergman@niam.se

Pekka Salakka, Head of Finland, Niam OY
+35 8 5005 008 02, pekka.salakka@niam.fi

For further information about Niam:

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 €2.3 billion. Niam offers global institutions the opportunity to invest in the Nordic property markets. Niam was established in 1998 and has invested over€5 billion through its own funds since 2000. Niam has a fully integrated investment team of 46 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.