2009-12-14 05:00Press release

The real estate private equity firm Niam continues to grow

Niam has recruited Rikard Henriksson as Head of Project Development. Prior to joining Niam, Rikard has held a number of leading positions at Skanska, the last as head of Skanska’s real estate operations in the Czech Republic. Carolina Herling will also join Niam during the first quarter of 2010. Carolina will work with acquisitions and was, prior to joining Niam, working for Catella. In correlation with the launch of new real estate funds on the Nordic market, Niam has appointed Fund Managers within the organization. Urban Ehrling will manage Niam Fund III, Maria Hägerdal will manage Niam Fund IV and Terje Björsell will manage Niam Core-Plus I. Maria Hägerdal will further coordinate the portfolio management in the funds.

Pekka Salakka will remain in charge of acquisitions in Finland, Kjell Sagstad in Norway and Denmark and Johan Berfenstam has been appointed Head of Acquisitions, Sweden. Fredrik Jonsson will have the overall responsibility for Niam’s entire acquisitions operations.

Niam has an investment capacity in the range of €1-1.2 billion remaining in Niam Fund IV and is currently raising a core-plus fund which will give the company a broader platform and further opportunities to execute transactions on the Nordic property markets.

Today, Niam has properties for approximately €2.0 billion under management and offices in Stockholm, Helsinki and Oslo with 28 dedicated professionals. “Niam continues to grow on a foundation of a very good organization, comprehensive knowledge of the real estate markets in the Nordic region and a solid investor base including several of the World’s biggest pension funds”, says Niam’s Managing Director, Johan Bergman. 

For more information, please contact:

Johan Bergman, Managing Director, Niam AB +46 8 5175 8595

Niam is one of the leading real estate private equity firms in Northern Europe and offers financial investors an opportunity to invest in the Nordic and Baltic regions through local funds. Since inception 1998, Niam, through its funds or on behalf of its financial partners, has invested an aggregate of approximately €5.5 billion and disposed of properties totaling €3.7 billion. In January 2008, Niam Nordic Fund IV closed with approximately €700 million in equity, generating an investment capacity in the range of €2.5-3.0 billion.

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.