Project Flora comprises 155 modern rental apartments and forms part of a broader urban transformation in Söderdalen, a strategically located district northwest of central Stockholm. The area is undergoing rapid development, with new housing, infrastructure, and community services creating an attractive environment for residents and long-term investors.

“With the acquisition of Flora, Niam continues to demonstrate its active engagement in the Nordic residential segment, with a clear focus on offering attractive, high-quality housing for tenants,” says Henrik Gerdin, Fund Manager at Niam.

The transaction supports Niam’s strategy to grow its residential platform across the Nordics through the acquisition and development of sustainable, well-located assets.