Niam acquires EUR 515 mln Vasakronan portfolio

By A staff reporter 2008-10-07T00:00:00

A group of Swedish and German banks have banded together to provide a EUR 515 mln loan for the acquisition of the Vasakronan portfolio from Swedish property company AP Fastigheter by Niam. Niam acquired the portfolio of 40 offices and mixed-use properties in Sweden for its NIAM Nordic Fund IV.

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