Transactions - APRIL 24, 2017

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Niam to acquire Danish firm

by Andrea Waitrovich

Nordic investment manager Niam has signed an agreement to acquire private property company HD Ejendomme A/S. The company owns and manages a real estate portfolio that has a total value of €560 million ($608 million), consisting of approximately 2,000 residential units and 73 commercial properties, located across Denmark.

Most of its residential units were built within the past 15 years.

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