Acrinova

What Acrinova does

Acrinova AB (publ) is a Swedish commercial-property owner, manager and developer focused on the Öresundsregionen in southern Sweden, headquartered at Lilla Nygatan 7 in Malmö. Founded in 2015 and listed on Nasdaq Stockholm since 2022 (ticker ACRI; previously Nasdaq First North Premier Growth Market from Dec 2019), the company builds, acquires and leases a mixed portfolio of commercial, industrial, retail, logistics, residential and specialized assets — including the 15,037 sqm Handelsvägen 3-13 retail park in Löddekjöpinge, the Slakterigatan/Verkstadsgatan industrial complex in Hörby (~13,000 sqm), the Trävaruvägen 1 fitness/padel facility in Trelleborg (~12,178 sqm), residential schemes at Storgatan 38 in Åstorp (Miljöbyggnad Silver) and Himmelsvägen 3-8 in Klippan (20 apartments), and the climate-neutral Nya Högalids preschool in Trelleborg (20-year lease to Trelleborgs kommun). Core recurring revenue comes from monthly commercial and residential rents, supplemented by one-time property development/sales and ongoing property management services.

Distinctive technical and sustainability features include the proprietary 'Nollvision' (Zero Vision) framework applied to new construction, Miljöbyggnad Silver certification as standard, rooftop solar PV, geothermal heating, and ISO 14001:2015 environmental management certification (Dec 2020). Notable tenants span government/public sector (Folktandvården Skåne, Trelleborgs kommun, Räddningstjänsten), industrial/manufacturing (SWEP, Freudenberg Sealing Technologies, Tomb Packaging, Orbital Systems, MyGross, Hälssoprofilen Hässleholm) and retail/restaurant chains (Åhléns Outlet, JYSK, Rusta, Lager 157, Thansen, Elgiganten, Dollarstore, KFC, Burger King, Max Burgers). Distribution is direct B2B enterprise sales with a small in-house team of ~10-15 employees led by CEO Ulf Wallén (since June 2016) and CFO Cecilia Randau, complemented by Boplats Syd for residential rental management.

The business model combines long-duration leases (10-20 years on anchor/logistics/municipal contracts) for cash-flow stability with shorter retail and commercial leases for flexibility, while an active acquisition-and-development pipeline (recent adds: Helsingborg Rausgård 20 in Apr 2024, Segelflygaren 7 in Sep 2024, Konståkaren 4 in Feb 2025) is being funded in part by strategic disposals (e.g., Segelflygaren 7 to Emilshus AB in Feb 2026). Customer acquisition for new tenants is built into the development process — buildings are pre-customized in close collaboration with future occupants — while acquisitions are sourced through direct outreach to commercial property owners in Skåne. Dividends, investor relations and periodic rights/directed equity issues (cumulative disclosed raises >330 MSEK since 2019) are executed through the Nasdaq Stockholm listing.

Name

Acrinova

Legal name

Acrinova AB (publ)

Website

https://acrinova.se

Company type

Public

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Acrinova is a publicly listed Swedish real estate company (Nasdaq Stockholm: ACRI) that owns, develops and manages commercial, industrial, retail, logistics and residential properties — primarily under its Nollvision sustainability framework with Miljöbyggnad Silver certification — for long-term commercial and public-sector tenants in the Öresundsregionen of southern Sweden.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Management and Development

NAICS

Real Estate Property Managers (53131), Residential Property Managers (531311)

SIC

Operators Of Nonresidential Buildings (6512), Real Estate Operators (No Developers) & Lessors (6510), Operators Of Apartment Buildings (6513)

akta.pro primary industry

Commercial Real Estate Asset Management (BPAJAMAB)

akta.pro secondary industries

Residential Real Estate Asset Management (BPAJAMAA), Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

Keywords

• Commercial real estate
• Property development
• Property management
• Sustainable construction
• Real estate investment

Headquarters

HQ city

Malmö

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure

Revenue model

1. Commercial Property Rental Income: Primary revenue from renting commercial and residential properties in the Öresundsregionen. Properties include industrial, warehouse, office, retail, and residential units. Revenue is recurring from long-term leases with commercial tenants.
2. Property Development and Sales: Revenue from developing and selling properties after value appreciation. The company acquires properties with development potential, develops them, and sells when appropriate as part of portfolio optimization.
3. Property Management Services: Full-service property management as owner, manager, and developer of commercial properties in southern Sweden.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Acrinova owns, manages, and develops commercial, industrial, and residential real estate properties in southern Sweden's Öresund region. The company acquires properties with high development potential, develops them to high environmental standards under its Nollvision framework with Miljöbyggnad Silver certification, and leases them to long-term stable commercial and residential tenants. Revenue is generated through recurring rental income and property development/sales.

Product overview

Acrinova is a property company operating in southern Sweden's Öresund region, offering property ownership, management, and development services. The company manages a diversified portfolio of commercial, industrial, residential, and specialized properties including retail spaces (such as Handelsvägen 3-13 in Löddeköpinge), industrial facilities (like Elektrogatan 7 in Helsingborg and Slakterigatan in Hörby), residential buildings (Storgatan 38 in Åstorp and Himmelsvägen 3-8 in Klippan), restaurants (Skarpskyttevägen 3 in Lund), fitness facilities (Trävaruvägen 1 in Trelleborg), and specialized properties like healthcare and logistics centers. The company also operates an active development pipeline including the Nollvision sustainability program for new construction, with completed projects such as the climate-neutral Högalids Förskola preschool in Trelleborg and ongoing logistics developments in Landskrona.

Differentiator

Problem solved

Functional benefit

Products and services

• Handelsvägen 3-13, Löddeköpinge (Retail/Commercial Property) Major retail property in Center Syd commercial area along E6/E20 with approximately 15,037 sqm of commercial space and prominent signage position. Tenants include Åhléns Outlet, JYSK, Rusta, Lager 157, Thansen, Elgiganten, Dollarstore, and Max Burgers.
• Elektrogatan 7, Helsingborg (Industrial Property) Food-grade classified industrial property in Högastens business area, Helsingborg, with 11,000 sqm land and 2,800 sqm existing building, with development potential for flexible commercial spaces subdividable from 600 sqm.
• HT Emballage Logistics Facility, Landskrona (Development Project) Warehouse and logistics development project in Landskrona with approximately 3,154 sqm rental area and 8,800 sqm land plot, featuring solar panels and air heat pump for fossil-free operations. Tenant: HT Emballage (10-year lease).
• Konståkaren 4, Landskrona (Logistics Development Site) Logistics development site in Landskrona acquired February 2025 with 5,439 sqm land, planned for approximately 5,000 sqm of warehouse and logistics space development.
• Nya Högalids Förskola, Trelleborg (Climate-Neutral Preschool) Climate-neutral preschool in Trelleborg with approximately 1,700 sqm, 8 sections, capacity for 160 children, certified Miljöbyggnad Silver. 20-year lease with Trelleborgs kommun (municipality).
• Björnen 23 (Clinic and Office), Landskrona Clinic and office building in Landskrona completed November 2023, approximately 2,500 sqm, Miljöbyggnad Silver certified, built to Nollvision standards with solar panels and geothermal heating. Tenants: Folktandvården Skåne and SWEP.
• Freudenberg Project, Landskrona (Office and Warehouse) Office and warehouse building for Freudenberg Sealing Technologies in Landskrona, approximately 2,700 sqm completed December 2022, serving as sales company with warehouse and service functions for the Swedish market.
• Storgatan 38, Åstorp (Residential Property) Residential property in Åstorp certified Miljöbyggnad Silver, featuring 54 apartments ranging from 1 to 4 rooms with a communal rooftop terrace. Constructed 2023.
• Himmelsvägen 3-8, Klippan (Residential Housing) Residential housing development in Klippan comprising 20 apartments of approximately 40.5 sqm each, distributed across 6 buildings with private patios.
• Trävaruvägen 1, Trelleborg (Fitness/Commercial Property) Commercial property in Trelleborg housing a padel and gym facility with approximately 12,178 sqm total area, including indoor training facilities and outdoor padel courts. Tenants: STC and Padel of Sweden.
• Hjärup Four Block Development Major development project in Hjärup comprising four blocks of residential and commercial space, approximately 30,000 sqm development rights with green areas, squares, activity zones and stormwater management.
• Sockerstan, Staffanstorp (Historic New Construction) Historic new construction project in central Staffanstorp's Sockerstan area, awarded land allocation for a block with approximately 7,000 sqm BTA residential and commercial space.
• Nollvision (Zero Vision) Sustainability Framework Proprietary sustainability framework applied to all new construction projects, ensuring minimal climate impact through sustainable material choices, local sourcing, and self-sustaining energy solutions using renewable sources like geothermal and solar power.
• Ynglingavägen 62, Hjärup (Industrial/Commercial Property) Commercial property in Hjärup with approximately 3,750 sqm of space, featuring green sheet metal facade, strategically located near Lund and Malmö with walking distance to Hjärup station. Tenants: Tomb Packaging AB and Orbital Systems AB.
• Slakterigatan/Verkstadsgatan, Hörby (Industrial/Commercial Property) Industrial and commercial property in Hörby with approximately 13,000 sqm of rental space housing multiple commercial tenants.
• Skarpskyttevägen 3, Lund (Restaurant/Commercial Property) Commercial property in Lund's Norra Fäladen area converted from industrial offices to restaurants and retail with warehouse, approximately 2,714 sqm. Tenant: Burger King.
• Företagsvägen 32, Lund (Restaurant Property) Restaurant property in Lund's Nova Lund commercial area, built in 2018 with approximately 550 sqm space. Tenant: KFC (Kentucky Fried Chicken).
• Varggatan 13, Landskrona (Mixed Commercial Property) Commercial property in Landskrona featuring approximately 5,485 sqm of space including a grocery store with offices, staff facilities, and additional spaces suitable for warehouse, industrial and production use. Tenant: MyGross.

Quantifiable outcome

• Properties certified to Miljöbyggnad Silver standard with fossil-free operation through solar cells and geothermal heating
• +1 more outcomes

Named customers23 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core and minor.

• Boplats SydcoreChannel Partner/ Reseller/ DistributorBoplats Syd is the exclusive rental management partner for all of Acrinova's residential properties. They handle all rental applications, tenant selection, and tenancy management for residential units including Storgatan 38 (Åstorp) and Himmelsvägen 3-8 (Klippan). Contact: 010-20 22 500.
• ColliersminorImplementation/ SI/ Consulting PartnerColliers served as consulting partner to Freudenberg Sealing Technologies during the selection process for their new facility in Landskrona. Colliers managed the evaluation of ten candidate construction companies and narrowed the selection to six firms before Acrinova was chosen.

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Catena: Swedish listed logistics real estate company with a national portfolio of warehouse and logistics properties. Comparable to Acrinova's growing logistics focus (HT Emballage, Konståkaren 4) but at materially larger scale.
• Stena Fastigheter: One of Sweden's largest privately-held residential and commercial real estate companies. Significantly larger than Acrinova but operates in the same Swedish market with overlapping tenant types and similar sustainability positioning.

Direct peers

• Stenhus Fastigheter: Swedish listed commercial real estate company with a portfolio of commercial and public-use properties in growth regions. Comparable in size, listed status on Nasdaq Stockholm, and acquisition-driven growth model.
• Genova Property Group: Swedish real estate company focused on residential and commercial properties, primarily in Greater Stockholm and Uppsala. Comparable small-cap profile and similar development-driven approach to portfolio growth.
• K2A Knaust & Andersson Fastigheter: Swedish residential and community service real estate company listed on Nasdaq Stockholm. Comparable in small-cap status, sustainability focus, and similar size, with overlapping residential and public-tenant exposure.
• Brinova Fastigheter: Swedish small-cap commercial real estate company focused primarily on the Skåne and Mälardalen regions, with a similar mix of commercial, residential, and community service properties. Highly comparable to Acrinova in scale, geography overlap, and tenant base.
• Sveafastigheter: Swedish residential real estate company focused on developing and managing residential properties in growth regions. Comparable in the residential segment of Acrinova's portfolio (Himmelsvägen, Hästhoven).
• NP3 Fastigheter: Swedish commercial real estate company focusing on commercial properties in northern Sweden, with a comparable small-cap profile and similar acquisition-and-develop strategy. Closely comparable in business model and target tenant segments.
• Emilshus: Swedish commercial real estate company focused on industrial and logistics properties. Directly comparable in scale and listed Nasdaq Stockholm status, and notably Acrinova sold Segelflygaren 7 to Emilshus in February 2026, indicating direct market interaction.
• Logistea: Swedish logistics and industrial real estate company listed on Nasdaq Stockholm. Comparable to Acrinova's growing logistics development pipeline (HT Emballage, Konståkaren 4) and recent focus on warehouse/logistics assets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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 Acrinova