The seller of 419 apartments (42,500 sqm) in the Da Vinci Park is A. Enggaard and the seller of 41 apartments (4,000 sqm) by Limfjord is Sveafastigheter with the local partner North Property Asset Management.

“We are very pleased with these investments in Aalborg, which is a dynamic city going through exciting developments” says Johan Bergman, CEO at Niam.

“We have followed the development of Aalborg a longer time and this was a unique opportunity for us to purchase these two high quality portfolios. We are ready for more investment in Aalborg as soon as the opportunities present themselves” says Kristian Krogh, CEO at Niam in Denmark.

Plesner and EY were Niam’s advisors.