Niam has signed to purchase a 34,000 sqm office property consisting of six connected buildings for approximately SEK 1.1 billion with the closing scheduled during Q1 2013. Klara Strand was built in 1994 and includes office space with business houses, a conference center and shops. The property is located near the Central Station, between Klarabergsviadukten and Kungsbron.
Johan Bergman, CEO at Niam says, “This was an opportunity for us to acquire a well-located office property with steady cash flows but ample opportunities to work with income growth. We continue to believe that Stockholm is an attractive city to invest in with continued population growth and a stable Swedish economy.”
For more information, please contact
Johan Bergman, CEO, Niam AB
+46 8 5175 85 95, email@example.com
For further information about Niam:
Jennifer Andersson, Head of Investor Relations & Business Development, Niam AB
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 €6 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 offices in Oslo, Helsinki and Copenhagen, a fully integrated investment team of 40 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.
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.