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Niam Nordic Investment Fund III and Whitehall Street Real Estate Funds have acquired a property portfolio from Sponda

Niam Nordic Investment Fund IIII and the Goldman Sachs-managed Whitehall Street Real Estate Funds have acquired a property portfolio from Finnish real estate company Sponda Oyj for US$530 million.

Niam Nordic Investment Fund III is a fund managed by Niam, the leading private equity firm in Northern Europe specializing in property. Niam offers financial investors a high return via investments in funds that in turn invest in all types of properties. Niam Nordic Investment Fund III is one of the largest property funds in Northern Europe.

The Whitehall Street Real Estate Funds, established in 1991, are a series of real estate investment funds sponsored and managed by the Goldman Sachs Group, Inc. and its affiliates. The Whitehall Street Real Estate Funds invest in real estate and real estate related assets, principally through the acquisition of real estate companies, real property and mortgage loans.

Sponda Oyj is a property investment company in Finland. The company owns, develops, manages, and leases commercial properties located in the Helsinki metropolitan area. Sponda's property portfolio includes office buildings, hotels, warehousing and terminal facilities, retail stores, and logistics properties.

Oaklins' team in Finland advised the buyer in this transaction.

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Marcus Blomqvist

Senior Advisor
Helsinki, Finland
Oaklins Finland

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