Niam has disposed of the property Murmästaren 13 in Stockholm to Fastighets AB L E Lundberg at a purchase price of SEK 478 million. The transaction is scheduled to close on May 31, 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 with total AUM of €3 billion. Niam 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 over 20 years of direct real estate investment and development experience. For more information, please visit www.niam.se.