Acta Kapitalförsäkring has acquired an office portfolio in Finland for €125 million from Niam Nordic Investment Fund III. The portfolio comprises five properties in Helsinki, Vantaa, Tampere and Oulu.
Niam acquired the properties from NCC during 2004-2007. The portfolio comprises five modern office buildings totalling 36,000 m². The properties are located in established office locations in Helsinki, Vantaa, Tampere and Oulu.
Johan Bergman, Managing Director of Niam, comments: "This was our first acquisition ever in Finland. Since the Finnish market has been very strong and we have been successful in leasing out the properties, we felt this was a good time to sell."
The closing will take place at 27 September.