Press release -

Niam acquires retail property in Sweden

Niam has acquired a retail property from IKEA Centres Nordic. The property consists of two buildings totaling 21,000 sqm, and is located in Hansa City just outside Kalmar. The existing tenants are Citygross, Media Markt, Stadium and KungSängen.

Johan Bergman, CEO, says, “This was an opportunity for Niam to acquire a retail property with development potential in Kalmar's strongest retail area. The property is a good complement to the retail properties Niam has previously acquired.”

For more information please contact:
Johan Bergman, CEO, Niam AB
+46 8 5175 85 95, johan.bergman@niam.se

For further information about Niam:
Jennifer Andersson, Head of Investor Relations & Business Development
+ 46 8 5175 85 59, jennifer.andersson@niam.se

Topics

  • Economy, Finance

Niam is the leading real estate private equity firm in Northern Europe with real estate assets under management of approximately €2.8 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 42 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.

Contacts

Fredrik Jonsson

Press contact CEO +46 8 5175 8523