Niam continues Scandinavian office sales in Copenhagen

Niam continues Scandinavian office sales in Copenhagen

Published at: 2017-11-02 10:42 | Author: CIJ Journal
The Scandinavian real estate private equity investor Niam has completed the sale of an office building in Copenhagen to Slovern, a Swedish listed real estate company. The 19,300 sqm building, located in the Frederiksberg district, is leased entirely to Copenhagen Business School. Kristian Krogh, Senior Director Denmark says, “We have successfully completed our management initiatives ahead of schedule, and been able to sign a new long lease with CBS for their continued tenancy of the entire property.” Niam is a major player in Northern Europe, with real estate assets under management of around €3.5bn. In late October, the company also agreed to the sale of nine office buildings in the greater Helsinki area to Schroder Nordic Real Estate Fund. Niam added value to the portfolio during its hold time by employing active asset management strategies and securing BREEAM In-Use certificates for several of them.

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