Niam holds first close of €133 million for Niam Nordic Core Plus (SE)

The Swedish real estate private equity firm completed its first close for the Core Plus fund, an FCP-FIS established in Luxembourg and targeting real estate investments in the Nordic region.

Most of the capital comes from German, Swedish, Finnish and French public and corporate pension funds and financial institutions.

"We look forward to expanding our investment activities into a new strategy where we are seeing interesting acquisition opportunities," says Johan Bergman, CEO of Niam.

Niam Nordic Core Plus real estate fund will target office, retail and residential property investments and will be invested through Niam's organization locally located in Stockholm, Oslo, Helsinki and Copenhagen.

Niam is currently actively managing a real estate portfolio of €3.3 billion through its three funds Niam III, Niam IV and Niam V.

Source: Mynewsdesk

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