Niam continues to make shopping center transcations. After in recent years, among other things, having bought three centers in Stockholm from Citycon, they strike again with an acquisition of two shopping centers from CBRE IM.
The one center being acquired is the 35,000 square meter Port 73 in Haninge in southern Stockholm. CBRE IM, at the time CBRE GI, bought Port 73 from Atrium Ljungberg for SEK 977 million in December 2017.
The second investment from Niam is the 22,000 square meter shopping center Nian in Gävle. Nian was also acquired by CBRE IM in 2017, then for SEK 765 million from Barings.
Roschier advised Niam in the transaction.