Niam has entered into a binding agreement to buy 238 terraced houses of approximately 23,000m² in the area Tirsbæk Bakker, 10 minutes from Vejle, Denmark. The residential units are modern and of high quality. Niam took over the first 110 houses on April 1st, while the remaining 128 homes are under construction and will be delivered successively over the next 2 years. The seller is
Omnia Invest A/S, which is owned by Morten Hansen. The purchase price was not disclosed.
Michael Berthelsen, Country Manager, said: "We are very pleased to have acquired the residential units in Tirsbæk Bakker. With beautiful nature and proximity to Vejle, we think that they are a great addition to our portfolio of affordable housing.”