Niam has acquired a modern high-quality office property in Nydalen, a well-established office cluster, just north of Oslo city centre. The property comprises around 26,000m² and is strategically located close to the Nydalen metro station.
Over the past decades, Nydalen has been through a significant transformation going from an industrial area to one of the most thriving city districts in Oslo. This is the result of large-scale urban planning and development from key players in the area such as Avantor, Norwegian Property and Olav Thon Gruppen. Nydalen has just in a few years grown considerably to around 10,000 inhabitants and is expected to continue the trend as a prioritized area by the Municipality of Oslo.
Torstein Bomann-Larsen and Thomas Fiskerstrand, Associate Directors Transactions at Niam in Norway, commented: “We are thrilled to acquire this office building. Not only does it have an attractive location, but we also see great potential for the property with the possibility to strengthen its environmental profile by reducing the energy consumption and obtaining a greener and more sustainable energy mix.”