Press release -
Niam acquires retail properties in Sweden
On March 26, 2015, Niam acquired Hyllinge 1:13, a retail property comprising approximately 23,000 sqm located outside of Helsingborg. The property is fully let to City Gross. The seller was Hyllinge Invest AS, a company established and managed by Pareto Project Finance. On March 31, 2015, Niam acquired two additional retail properties, Silvret 3 and 8, located in Norrköping. The properties, known as Ingelsta Markn., comprise 20,000 sqm and were acquired from TIAA Henderson Real Estate. The largest tenants in Ingelsta Markn. are Mio, Media Markt and XXL.
Johan Bergman, CEO at Niam, says, “This was an opportunity for Niam to acquire retail properties in popular destinations in fast growing regions in Sweden.”
For more information please contact:
Johan Bergman, CEO, Niam AB
+46 8 5175 85 95, johan.bergman@niam.se
Terje Björsell, Fund Manager, Niam AB
+46 8 5175 85 25, terje.bjorsell@niam.se
For further information about Niam:
Jennifer Andersson, Head of Investor Relations & Business Development, Niam AB
+ 46 8 5175 85 59, jennifer.andersson@niam.se
Topics
- Economy, Finance
Niam is the leading real estate private equity firm in Northern Europe with real estate assets under management of approximately €2.6 billion. Niam offers global institutions the opportunity to invest in the Nordic property markets. Niam was established in 1998 and has invested over €5 billion through its own funds since 2000. Niam has a fully integrated investment team of 45 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.
Niam AB
