Project Argentum

Triple-A rated economy Known for its attractive investment environment, Denmark tops the World Bank’s list for ‘Ease of Doing Business’ and is one of only nine countries worldwide to enjoy AAA credit rating.

Buoyant office market

Driven by an increasingly strong labour market in Denmark in general and in Greater Copenhagen in particular, office vacancy levels are edging down also in non-CBD submarkets. Accordingly, rent levels are climbing in more secondary office locations, including the locations represented in the Project Argentum Portfolio.

€

Stable economy, with currency pegged to EUR

Office vacancy

15%

Record-low interest rate level

12%

9%

6%

Strong economic growth momentum, 1.7% in 2016

3%

0% 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17

Efficient mortgage bank system offering inexpensive financing

€

CBD Greater Copenhagen, excl. CBD

Source: Ejendomstorvet.dk

Sales process outline Niam Core-Plus Denmark II AB c/o Niam AB, Stockholm (the Seller) intends to divest all shares in the two limited partnership companies, K/S Niam Core-Plus 1 and K/S Niam Core-Plus 2, owning the five office properties included in the Project Argentum Portfolio. Subject to their signing a non-disclosure agreement (NDA), prospective buyers will be granted access to an Investment Memorandum, a preliminary virtual data room as well as site visits accompanied by a representative of the Adviser.

A structured sales process is scheduled to commence in September 2017, targeting closing by Q1 2018.

For more information, please contact Sadolin & Albæk, Copenhagen

Kristian A. Nielsen Senior Consultant

Anne Sofie Raaschou Sigaard Manager

Peter Winther Partner, CEO

T: +45 31 44 14 42 E: kan@sadolin-albaek.dk

T: +45 24 94 09 74 E: ars@sadolin-albaek.dk

T: +45 28 19 66 76 E: pw@sadolin-albaek.dk