The acquired properties comprise approximately 11,000 square metres and include 169 rental apartments as well as around 3,500 square metres of retail space. Following the acquisition of the Stockholm Quality Outlet and three residential buildings in the Barkarbystaden urban development project in 2024 and 2025, respectively, this marks already the third transaction for Art-Invest Real Estate in Stockholm. With this transaction, and in combination with the previously completed acquisition, Art-Invest Real Estate now owns the entire Atlas block. In total, the portfolio comprises 327 residential units, an LSS care home, and a Hemköp grocery store.

The first phase of the project was developed as a joint venture between Åke Sundvall and OBOS, while the second phase was developed solely by Åke Sundvall.

The properties are strategically located adjacent to the future Barkarbystaden metro station, scheduled for completion in 2027, which will significantly enhance connectivity and accessibility to central Stockholm.

All buildings are certified with the Nordic Swan Ecolabel (“Svanen”) and are built to a high technical standard, reflecting a strong commitment to sustainability, energy efficiency, and long-term quality.

Barkarbystaden has undergone a remarkable transformation in recent years, evolving into a vibrant and urban environment. According to the Municipality of Järfälla, the area is expected to grow to approximately 14,000 homes by 2032, supported by major infrastructure investments, including the new metro line and expanded regional rail connections. This positions Barkarbystaden as a key growth hub in northwest Stockholm.

Johan Öhlund Lagerdahl, Head of Stockholm at Art-Invest Real Estate, comments: “The acquisition further strengthens Art-Invest Real Estate’s footprint in Sweden. This transaction makes sense in the best way as we are now managing the whole Atlas block. The new assets are strategically located in front of the new subway station which will open late 2027.”

Martin Sundvall, CEO of Åke Sundvall, says: “Since the first transaction with Art-Invest Real Estate, we have been aware of their interest in this part of the block as well. There is a clear rationale in having a single owner, and through the agreement we are now entering into, we see a long-term and ambitious property owner taking over. At the same time, we at Åke Sundvall will remain actively involved in the continued development of the commercial premises and their tenant mix.”