Why Odense Becomes Increasingly Attractive for Residential Investments

Denmark Denmark — Niam has added a large-scale residential project in Odense to their residential portfolio in Denmark. Country Manager Michael Berthelsen tells Nordic Property News why Odense become even more attractive in the future, about the most interesting residential areas in Copenhagen and about the development of the market and possible risks going forward.

Niam Acquires Large-scale Residential Project in Odense

Denmark Denmark — Niam has acquired a residential development project, located on a former industrial plot, where the historical Dalum paper mill resided. The project was acquired from the Danish full-service contractor MT Højgaard and will deliver 301 apartments in the coming years.

Growth Plans for Niam in Sweden’s Number Two

Sweden Sweden — Daniel Andersson, Head of Acquisitions Niam Sweden: “Of course Gothenburg is interesting. We would like to acquire more there.”

Niam Acquires Office Building in Gothenburg for SEK 870 Million

Sweden Sweden — Niam, one of the largest private property owners in the Nordics, has acquired a 24,500 sqm office building in Gothenburg from Torslanda Property Investment.

Benefits of Jutland Investments – Why Niam Expands Heavily on the Island

Denmark Denmark — Michael Berthelsen, Country Manager Denmark at Niam, on the major purchase from Birch Ejendomme, how the process went on, and how much they want to grow in Danish residential.

Niam and Birch in Major Residential Deal

Denmark Denmark — Niam acquires 782 rental homes in Denmark from Birch Ejendomme.

Niam Recruits in Finland and Denmark

Nordic — Niam has hired Jan Malms as Director to the Finnish acquisitions team, and Mathias Bonde to the Danish acquisitions team.

Niam Acquires Haninge Centrum from Grosvenor

Sweden Sweden — Niam has entered into a binding agreement with Grosvenor Europe for the purchase of Haninge Centrum, a local commuter hub, in direct connection to the bus and commuter train station only 30 minutes away from central Stockholm. The total lettable area is just over 43,000 sqm and the property includes 750 parking spaces.

Citycon Divests Three Shopping Centres to Niam

Sweden Sweden — Citycon has signed a binding, unconditional agreement to sell a portfolio of three shopping centres in Sweden to Nordic real estate investor Niam. The gross purchase price for the assets is SEK 1,483 million (147 million euros) and exceeds the assets appraised value.

Niam Develops Properties with 5G Technology

Nordic — Niam and Netmore are initiating an extensive partnership that will begin with a pilot in Niam's properties in the new district of Värtahamnen, Stockholm and in selected properties in the other Nordic countries. Thereafter, the ambition is to roll out the open 5G technology in large parts of Niam's property portfolio in the Nordic region. Netmore delivers a turnkey 5G solution (5G-as-a-service) that enables both property owners and mobile network operators to offer 5G services on site.

New Fund Strategies Ahead for Niam

Denmark Denmark — Michael Berthelsen, Country Manager Denmark at Niam, tells Nordic Property News about the recent divestment, and the Danish investment focus for 2021.

NREP Buys Properties in Central Copenhagen

Denmark Denmark — Niam has divested three office buildings in Denmark, all within 20-minutes drive from central Copenhagen. Together the properties comprise about 32,600 sqm of gross lettable area.

Niam Expands Norwegian Portfolio – Acquires Office Building Just Outside Oslo

Norway Norway — Niam has acquired an office building in Lysaker, ~10 minutes by car from central Oslo, Norway. The property is approximately 22,500 sqm and is fully let to Cisco Systems Norway AS with a remaining lease term of 3.5 years.

Niam Divests Mix-used Property in Roskilde

Denmark Denmark — Niam has divested an office and retail property in Algade, central Roskilde, in the greater Copenhagen area. The approximately 10,000 sqm property was previously headquarters to former Roskilde Bank and is a prestigious mixed-use landmark property located on the best high-street location in Roskilde.

How Heimstaden Finalized the All-Time High Residential Deal

Denmark Denmark — Christian Fladeland, co-CIO of Heimstaden, tells Nordic Property News about the acquisition of HD Ejendomme from Niam for about EUR 1.63 billion, the background of the massive investment, and future growth in Denmark.

Niam and Heimstaden in Record-Breaking Residential Transaction

Denmark Denmark — Niam has signed an agreement to sell a Danish residential portfolio, which includes the real estate company HD Ejendomme, to Heimstaden. A total of 152 residential properties are included in the portfolio, comprising 6,237 residential units, of which several have been developed during Niam's ownership.

After the Massive Sale: Here Are Niam’s Danish Investment Targets

Denmark Denmark — Niam’s Danish Country Manager Michael Berthelsen tells Nordic Property News on the record-breaking divestment to Heimstaden; the background for the sale, why the timing was perfect, and why Heimstaden is the perfect buyer.

Logistic Contractor Divests Property for MSEK 900 to Niam

Sweden Sweden — Logistic Contractor, which is part of the Wästbygg Group, has signed an agreement with Niam. Niam acquires, through one of its funds, a logistics facility under production in Farsta south of Stockholm. The transaction is being carried out as a forward commitment, where Niam will take over the property when it is completed during the first quarter of 2022. The purchase price amounts to approximately SEK 900 million.

Focus Areas for Niam’s New Managing Partners

Nordic — Jennifer Andersson has entered the permanent role as one of two Managing Partners at Niam: ”The pandemic has impacted both fundraising and real estate transactions.”

Niam Appoints Managing Partners

Nordic — Jennifer Andersson and Rikard Henriksson were named acting Managing Partners when CEO Fredrik Jonsson left Niam in August. The Board of Niam has now made these positions permanent.

Niam Acquires 70 Residential Units in Hillerød

Denmark Denmark — Niam has entered into a binding agreement for the acquisition of 70 terraced houses in Hillerød Municipality in Greater Copenhagen area of Denmark. The residential units are acquired from Sophienberg Gruppen and Lemvigh-Müller. The sellers will deliver the units turnkey on June 1st, 2022.

Niam Acquires 149 Apartments in Denmark

Denmark Denmark — Niam has entered into a binding agreement for the acquisition of 149 apartments in Farum Kaserne and Nærheden, in the attractive Greater Copenhagen area of Denmark. The residential units are divided into three properties and the apartments are modern and of very high quality.

Niam Appoints Acting Managing Partners – CEO Steps Down

Nordic — The Board of Directors of Niam has appointed Jennifer Andersson and Rikard Henriksson as acting Managing Partners. The previous CEO, Fredrik Jonsson, is stepping down with immediate effect. The process to recruit a new permanent CEO of Niam will begin immediately.

Niam Continues to Strengthen Its Team

Nordic — Niam adds several new key-players.

Novi to Manage Niam's Two New Stockholm Projects

Sweden Sweden — Novi has received the management assignment for Niam's two office projects The Dockworks and Uno in Värtahamnen, Stockholm.