Niam, the Whitehall Funds acquire EUR 400 mln portfolio

Sweden's Niam Fund III and the Goldman Sachs-managed Whitehall Street Real Estate Funds have acquired a property portfolio from the Finnish real estate company Sponda for about EUR 400 mln. The portfolio consists of parts of the Kapiteeli portfolio, the office and retail portfolio sold by the Finnish government in December 2006 for EUR 950 mln.

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