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Real Estate & Construction / 11 Sep 2014

Borenius advised SRV in the sale of Derby Business Park to Niam

Derby Business Park, completed in 2013, consists of three office towers with a total area of approx. 20,000 m2 and a parking facility. It locates SRV’’s own headquarters and the head office of Siemens Finland.

SRV Group Plc is a publicly listed company, founded in 1987, that has revenue of approximately EUR 700 million. SRV develops, commercialises and builds new residential and business environments. The Group employs a thousand people. In addition to its operations in Finland, SRV is active in St. Petersburg, Moscow and Estonia.

Niam belongs to the leading real estate private equity firms in Northern Europe, with real estate assets under management of approximately EUR 2.5 billion. Niam offers global institutions the opportunity to invest in the Nordic property markets. Since inception its in 1998, Niam has invested over EUR 7 billion through its own funds or on behalf of its financial partners. Niam has a fully integrated investment team of 45 dedicated real estate professionals with experience across all major asset classes. The company is headquartered in Stockholm and has offices in Oslo, Helsinki and Copenhagen.

The Borenius team was headed by Specialist Partner Saara Paronen and included Specialist Partner Mikko Alakare, Senior Associate Henna Jovio and Associate Markus Kouhi.

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