Completed in 2023–2024, the assets comprise 189 high-quality rental apartments across approximately 8,925 sqm of lettable area. The assets are centrally located in Enköping, offering strong regional connectivity to Uppsala and Västerås, including 40 minutes by train to Stockholm.
The properties are fully let with moderate rent levels and feature modern specifications, as well as strong sustainability credentials, including certification under Sweden Green Building Council Silver and BREEAM In-Use Very Good.
“This acquisition reflects our continued conviction in the Swedish residential market, where we see sustained demand for modern rental housing. Our strategy is to invest in high-quality residential assets that provide stable cash flows across cycles, while creating long-term value through active asset management,” says Rikard Henriksson, Head of Niam Real Estate.
“The Enköping investment fits well with our long-term residential strategy. We see continued strong demand for high-quality rental housing in growing regional markets. The assets are modern, well-located and already has full occupancy, which provides a strong and stable income base from day one. We look forward to working with these properties to further enhance their performance over time,” says Victor Wettergren, Fund Manager at Niam.