Atrium Ljungberg

What Atrium Ljungberg does

Atrium Ljungberg AB (publ) is a Swedish publicly listed real estate company (Nasdaq Stockholm: ATRLJ-B; founded 1946; headquartered in Nacka, Sweden) that owns, develops, and leases mixed-use urban environments across Sweden's four primary growth markets: Stockholm, Uppsala, Malmö, and Gothenburg. The company operates a portfolio spanning commercial offices, residential apartments, and retail/cultural space, with a project and land pipeline of approximately SEK 40 billion in owned land or obtained land allocations. Its core offering is purpose-built, location-curated office and residential space organized around whole-district developments such as Hagastaden, Sickla (Stockholm Wood City — the world's largest timber construction project), Slakthusområdet, and Slussen, supplemented by the A House Access coworking membership and proprietary research outputs (Human City Index, Framtidsrapporter, Kontorskunskap).

The company generates revenue primarily through long-term, index-adjusted rental income from enterprise tenants (e.g., Ericsson's 58,000 sqm 15-year lease — the largest single-tenant office lease ever announced in Sweden), government agencies (Swedish Economic Crime Authority: 10,000 sqm), and a residential tenant base. A secondary revenue stream comes from project development profits realized on the SEK 40+ billion pipeline, with selective capital recycling via divestitures (e.g., the SEK 2,114 million Sundbyberg disposal to Alecta Fastigheter in 2024). The go-to-market motion is direct enterprise field sales, with no public rate card; leases are negotiated individually, typically over 10-15 years. Customer segments include enterprise corporations, government agencies, and residential tenants. Leadership is anchored by CEO Annica Ånäs, with a senior team including CFO Anna Jepson (joined December 2024 from Besqab) and incoming Business Area Director Properties Andreas Wik (effective June 2026).

Name

Atrium Ljungberg

Legal name

Atrium Ljungberg AB (publ)

Website

https://al.se

Company type

Public

Founded year

1946

Operating status

Operating

Headcount range

251–500 employees

Short description

Atrium Ljungberg is a Swedish publicly listed real estate company that owns, develops, and leases mixed-use urban environments in Stockholm, Uppsala, Gothenburg, and Malmö. It serves enterprise corporations (e.g., Ericsson), government agencies, and residential tenants across a SEK 40+ billion project portfolio.

Ownership category

akta.pro rank

Headquarters

HQ city

Nacka

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Commercial Property Leasing: Long-term leasing of office and commercial spaces to enterprise tenants. Revenue generated through rent payments and service charges. Major tenants include Ericsson, government agencies, and corporate clients across Stockholm, Uppsala, Malmö, and Gothenburg.
2. Residential Property: Development and management of residential properties including apartments at Nobelberget and other development areas.
3. Project Development: Value-creating project development including urban development projects. The project portfolio represents approximately SEK 40 billion in investment volume in owned land or obtained land allocations.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

No source content was provided for Atrium Ljungberg in the input; core offerings cannot be determined from the supplied data.

Product overview

Atrium Ljungberg is a Swedish real estate company that develops and manages living urban environments (levande stadsmiljöer). Their offering consists of a unified platform of interconnected urban development services: core office space (Kontorserbjudande) and residential properties (Bostäder) form the foundation, supplemented by A House Access coworking membership for flexible workspace access. The portfolio includes specialized offerings like the Human City Index for measuring urban humaneness, Framtidsrapporter future research reports, and Kontorskunskap workplace guidance. Major development projects include Stockholm Wood City (the world's largest wooden city) and urban innovation initiatives across Stockholm, Göteborg, Malmö, and Uppsala.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 2.6% growth in net operating income in comparable portfolio (Jan-Sep 2025)
• +2 more outcomes

Named customers7 records

Segments3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Seven partnerships are on record, tiered flagship, significant and major.

• EricssonflagshipStrategic or Co-development Partner · 25 May 2026Ericsson relocating Stockholm headquarters and operations from Kista to Hagastaden. Atrium Ljungberg signed 15-year lease agreements for approximately 58,000 sqm across multiple properties - the largest single-tenant office lease ever announced in Sweden and among Europe's most sizeable in the past decade. Ericsson will house headquarters, R&D operations, business areas, group functions, and Imagine Studio technology showcase.
• FlowersignificantStrategic or Co-development Partner · 4 September 2024Flower expanding from 25 to 120 employees and moving head office to Glashuset in Slussen. Lease covers approximately 2,500 sqm with occupancy in autumn 2024.
• Universal Music GroupmajorStrategic or Co-development Partner · 30 August 2024Universal Music Group establishing headquarters in Slakthusområdet's Hus 49 Stora Marknadshallen. Contract covers approximately 3,800 sqm, marking a milestone in Stockholm's new creative district development.
• MenigomajorStrategic or Co-development Partner · 5 July 2024Menigo signed lease for approximately 3,800 sqm in Hus 43 Gamla & Nya Magasinet in Slakthusområdet. The premises will house the new head office and Restaurangakademien (Restaurant Academy), with occupancy in 2027.
• Husqvarna GroupsignificantStrategic or Co-development Partner · 4 July 2024Husqvarna Group relocating head office to Mineralvattenfabriken in Hagastaden. Lease covers approximately 2,500 sqm in modern offices.
• Swedish Economic Crime AuthoritymajorStrategic or Co-development Partner · 7 May 2024Swedish Economic Crime Authority signed lease for 10,000 sqm in PV-palatset in Hagastaden. The once-industrial property is undergoing extensive renovation, with the authority planning to move in at the end of 2025.
• Svenska SpelmajorStrategic or Co-development Partner · 3 May 2024Svenska Spel moving its office to Glashuset in Slussen. Lease contract comprises more than 2,500 sqm, with move-in during first half of 2025.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Castellum: Swedish listed commercial real estate company with a similar Stockholm-centric portfolio and office/residential mix. Castellum is co-leasing the Ericsson Hagastaden deal alongside Atrium Ljungberg, making it the closest head-to-head comparable on assets, tenants, and geography.
• Fabege: Stockholm-focused listed office property company with a comparable enterprise tenant base and urban district strategy (e.g., Solna Business Park), directly competing for large corporate headquarters relocations in the same submarkets as Atrium Ljungberg.
• Vasakronan: Sweden's largest listed property company with a dominant office portfolio across Stockholm, Gothenburg, Uppsala, and Malmö. Overlaps materially with Atrium Ljungberg on office leasing to large corporates and prime urban district development.
• Hufvudstaden: Swedish listed real estate company focused on prime commercial properties in central Stockholm. Competes with Atrium Ljungberg for premium office tenants and shares a similar high-quality, long-tenure ownership model in the Stockholm CBD.
• Wallenstam: Swedish listed real estate company focused on Stockholm and Gothenburg, with a mix of residential and commercial properties including sustainable development. Shares Atrium Ljungberg's focus on urban district quality and ESG-driven property positioning.
• Stena Fastigheter: Large privately held Swedish real estate company with a Stockholm-centric residential and commercial portfolio. Competes with Atrium Ljungberg for tenants, residents, and development sites in the same Swedish growth markets.

Broad incumbents

• Balder: Sweden-headquartered listed real estate group with a diversified Nordic and European portfolio spanning office, residential, and retail. While much broader geographically, Balder is a direct competitor for large urban property transactions and capital allocation in Sweden.
• Heimstaden: Major European residential-focused property company with significant Nordic exposure, including Sweden. Comparable on residential development pipeline scale and Swedish urban rental operations adjacent to Atrium Ljungberg's residential activities.

Regional players

• Catena: Swedish listed logistics-focused property company. Different asset class, but a relevant listed Swedish REIT comparable for capital structure, dividend policy, and investor base comparisons against Atrium Ljungberg.

Others

• Skanska: Swedish-listed construction and project development group that both competes for development opportunities and supplies project execution for firms like Atrium Ljungberg. Useful comparable for development pipeline economics and Swedish commercial real estate cycle exposure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/atrium-ljungberg
• Facebookfacebook.com/atriumljungberg
• Instagraminstagram.com/atriumljungberg
• Xx.com/atriumljungberg

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Atrium Ljungberg