Niam closes eighth flagship fund with €805m in capital

Niam has closed its Niam Nordic VIII fund with €805 million ($893 million) in equity, making it the second largest in the firm’s history, focusing on Nordic residential and logistics sectors.

“We are proud to have raised our second-largest fund in this challenging fundraising environment,” said Jennifer Andersson, managing partner at Niam. “This was only possible with the continued support from our long-term investors. In addition, we welcomed several new investors with which we look forward to building long-lasting partnerships. Our priority remains to deliver strong and consistent performance for our investors, and we take pride in our continued success in this area.”

Niam Nordic VIII is an opportunistic fund, targeting high-growth real estate sectors across the Nordics. As part of a sector-agnostic fund series, the predecessor funds have consistently delivered attractive risk-adjusted returns through different market cycles. In its latest vintage, Niam N