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Niam of Sweden continues to expand in Finland

Press Releases   •   Nov 10, 2005 15:44 GMT

The Swedish property fund Niam Fund III is making a new investment in Finland through Niam III Holding Oy. The company has signed an agreement with NCC Property Development Oy for the purchase of an office property for approximately 24 million Euro.

Niam Buys Crown Fastigheter to Expand Its Retail Holdings

Press Releases   •   Jun 30, 2005 15:49 BST

Niam Fund III has acquired Crown Fastigheter and its 59 retail properties, and 15 ICA supermarkets. The properties have a combined value of EUR 87 million. In total, Niam Fund III plans to invest EUR 200-300 million in retail properties in the next few years.

Niam buys Marievik in Stockholm

Press Releases   •   Jun 30, 2005 15:45 BST

Niam Fund III is to acquire office properties valued at EUR 310 million from Fabege. The portfolio consists of the eight properties composing the Marievik estate and a further two properties in Kista.