Real Estate

Niam completes acquisition of Project Flora from JM in Järfälla, Stockholm

Niam completes acquisition of Project Flora from JM in Järfälla, Stockholm Image

Niam has completed the acquisition of Project Flora, a newly developed residential asset located in Söderdalen, Järfälla. The acquisition from JM was signed in June 2024, closing occurred in June 2025.

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.

For more information, please contact:
Olivia Lindelöf, Head of Communications
olivia.lindelof@niam.com, +46 72 886 75 37

About Niam
At Niam, we are committed to equity in action – putting capital to work to create a meaningful difference. As a leading real asset manager in northern Europe, we use our expertise to unlock smarter investments in property and infrastructure. Building on more than 25 years of trust and experience, we are a team of specialists with a passion for performance, uniting our leading expertise to generate the best outcome of our clients. 

More info: niam.com
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