Niam Fund IV: One of Europe's largest property funds

Will invest between €2.5 and €3.0 billion

The Swedish private equity company Niam is now launching its fourth property fund with approximately €700 million of equity and an investment capacity of €2.5 to €3.0 billion.

With its €2.5 to €3.0 billion investment capacity, Niam Fund IV is one of the largest opportunistic property funds in Europe. The investors are a number of global financial institutions and pension funds. The capital in the new fund will target the Nordic and Baltic countries, and include everything from new projects to existing properties with development potential.

Niam Fund IV will focus on office, commercial and logistics properties with an acquisition value of at least €75 million. The capital will be invested both through Niam’s own organisations in Sweden, Finland and Norway and through collaborative partners.

“We can acquire individual properties, entire property portfolios or engage in company acquisitions," says Johan Bergman, CEO of Niam. A good example of Niam’s previous approach to projects are the new Stockholm Waterfront office, hotel and conference facility, which are under construction in the centre of Stockholm, and of which Niam was initially one of two main owners.

Holdings in the previous fund, Niam Fund III, are marked by two major property portfolios in Finland, office blocks in the Marievik and Globen districts in Stockholm and Rimi’s head office and central storage in Latvia.

Niam Fund III is fully invested.