Niam Nordic Investment Fund III and affiliates of the Whitehall Street Real Estate Funds have disposed of nine office properties in mid-sized cities across Finland. The buyers are Sveafastigheter Fund III and HGR Property Partners.

The properties were sold for around EUR 60 mln.

Niam is a real estate private equity firm in Northern Europe and offers financial institutions the opportunity to invest in the Nordic and Baltic property markets. Since inception in 1998, Niam has invested over EUR 5 bn through its own funds or on behalf of its financial partners and has generated a realised gross leveraged IRR of 31%. Niam is headquartered in Stockholm with satellite offices in Oslo, Helsinki and Copenhagen.