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Niam sells two office properties in Denmark

Press release   •   Jun 28, 2019 12:15 BST

Niam has agreed to sell two office properties located in Glostrup and Slagelse in Denmark to the Swedish listed real estate company SBB. The property in Glostrup is fully-let with ~7,500 sqm divided between seven buildings. The property located in Slagelse has a total lettable area of ~7,200 sqm and is also fully-let.

Michael Berthelsen, Country Manager, says, "Niam has actively worked with renegotiating leases and is happy to have reached our targets for these two properties."

For further information:
Michael Berthelsen, Country Manager, Niam Denmark A/S
+45 21 32 33 55, Michael.Berthelsen@niam.dk

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

Niam is the leading real estate private equity firm in Northern Europe with real estate assets under management of approximately €3.0 billion. Niam offers global institutions the opportunity to invest in the Nordic property markets. Niam was established in 1998 and has invested over €10 billion through its own funds since 2000. Niam has a fully integrated investment team of +55 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.

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