Niam Niam

Our funds

Our main business area is to manage real estate funds with real estate investments in all sectors. We are active in Sweden, Norway, Finland, Denmark and Poland.

In the late 1990s and early 1900s, we collaborated with leading financial institutions such as Goldman Sachs, GE Capital and Morgan Stanley. When they sought local presence in the Nordic region, Niam became a natural choice of partner. Starting in 2000, we launched our first three funds with a particular focus on the Swedish real estate market. 

Niam currently manages five real estate funds. Niam Nordic V (vintage 2011), Niam Nordic VI (vintage 2015) and Niam Nordic VII (Vintage 2018)  all three follow an opportunistic investment strategy, while Niam Nordic Core-Plus I (vintage 2012) and Niam Nordic Core-Plus II (Vintage 2016) follow a Core-Plus strategy. 

Our opportunistic funds target 18% -20% gross returns (approximately 15% net returns) and our core plus funds target approximately 10% net return.

  • Since 2004, we have totaled more than € 3.7 billion in equity, primarily from global institutional investors such as pension funds, state funds, endowment funds, insurance companies and financial institutions 
  • We have managed more than €10 billion in total invested capital since 2000, of which more than €6 billion has been realised 
  • We have a total of over €3.5 billion in assets under management in all sectors in the Nordic countries 
  • More than 80 institutional investors have invested capital in our funds 

Niam's funds currently have an investment capacity of over €3.3 billion. If you would like to know more, please contact Jennifer Andersson.


Niam Funds Opportunistic

Niam Nordic VII

Vintage year: 2018
Strategy: Opportunistic
Type: Closed-ended
Equity committed to date: €625 million
Target: Commercial real estate in the Nordic region

Fund Manager: Erik Rydström

Niam Nordic VI

Vintage year: 2015
Strategy: Opportunistic
Type: Closed-ended
Equity committed: €800 million
Target: Commercial real estate in the Nordic region

Acting Fund Manager: Rikard Henriksson

Niam Nordic V

Vintage year: 2011
Strategy: Opportunistic
Type: Closed-ended
Equity committed: €719 million
Target: Commercial real estate in the Nordic region

Fund Manager: Erik Rydström

Niam_fonder_core_plus


Niam Nordic Core-Plus II

Vintage year: 2016
Strategy: Core-Plus
Type: Closed-ended
Equity committed: €280 million
Target: Commercial real estate in the Nordic region

Fund Manager: Victor Wettergren

Niam Nordic Core-Plus

Vintage year: 2012
Strategy: Core-Plus
Type: Closed-ended
Equity committed: €300 million
Target: Commercial real estate in the Nordic region

Fund Manager: Victor Wettergren

Niam funds closed

Niam Nordic Fund IV

Vintage year: 2007
Strategy: Opportunistic
Type: Closed-ended
Equity committed: €670 million
Target: Commercial real estate in the Nordic and Baltic regions
Net performance: 17%/1.7x

Niam Nordic Fund III

Vintage year: 2004 
Strategy: Opportunistic 
Type: Closed-ended 
Equity committed: €321 million
Target: Commercial real estate in the Nordic region
Net performance: 17%/1.5x