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Niam sells office property in Gothenburg, Sweden

Press Release   •   Aug 27, 2012 09:00 BST

Niam has disposed of the office property Masthugget 30:6, located in Gothenburg, Sweden. The property comprise ~16,000 sqm of leasable area and the biggest tenant is Arbetsförmedlingen (job centre), which recently signed a new 5 year lease agreement concerning 5,400 sqm.

The buyer Elof Hansson Fastighets AB, a Swedish property company, will access the properties on November 15, 2012.

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


+ 46 8 5175 85 15, stefan.albinsson@niam.se


For further information about Niam, please contact:
Jennifer Andersson, Head of Investor Relations & Business Development jennifer.andersson@niam.se

Niam
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 €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 35 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.

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