Ake Sundvall

What Ake Sundvall does

Åke Sundvall is a third-generation, family-owned Swedish property developer, constructor, and property manager founded in 1942 and headquartered in Bromma, Stockholm. The company operates three integrated divisions — Projektutveckling (Project Development), Entreprenad (Construction), and Förvaltning (Property Management) — producing bostadsrätter (tenant-owned apartments), hyresrätter (rental apartments), student housing, commercial premises, and parking across Stockholm, Uppsala, and Skåne (via subsidiaries). All self-built houses since 2018 carry Svanen Generation 4 environmental certification, the strictest Nordic Swan ecolabel for new buildings, covering lifecycle climate impact, materials, energy use, and indoor environment.

The company's underlying technology stack is centered on a proprietary climate calculation tool developed with Plant consultants, which enables in-house teams to compare construction alternatives from early project stages and produce climate declarations. It maintains certifications including BKMA (quality, environment, and occupational health and safety) and GDPR compliance, and is a member of Fossilfritt Sverige, Byggföretagen, Fastighetsägarna, Hållbart Stockholm 2030, and Stockholms Byggmästareförening.

Revenue is generated through four streams: one-time sales of completed housing units and commercial spaces to individual buyers and institutional investors; recurring rental income from approximately 500 managed rental units including student and senior housing; construction contracting services for partners and external developers; and strategic divestitures of completed portfolios to institutional buyers (e.g., Atlaskvarteret to Art-Invest Real Estate). The company holds a project pipeline of approximately 4,000 apartments, with major active sites including Barkarbystaden (multiple phases including Kvarter 7 and 9), Slakthusområdet (The Mews), Stora Sköndal, Vårberg (Kasvakten), Bredäng (Panorama, Mälaräng), Uppsala (Verket, Kvarter E Rosendal, Knäckepilen), and other Stockholm submarkets. GTM motion is sales-led via project-specific website landing pages and interest-registration forms, with rental distribution through HomeQ and Stockholms Bostadsförmedling, and strategic co-development partnerships with Heba Fastighets AB, OBOS, and IKEA.

Name

Ake Sundvall

Legal name

Åke Sundvall Byggnads AB

Website

https://akesundvall.se

Company type

Private

Founded year

1942

Operating status

Operating

Headcount range

51–100 employees

Short description

Åke Sundvall is a third-generation, family-owned Swedish property developer, constructor, and manager founded in 1942, producing Svanen-certified residential and commercial properties across Stockholm, Uppsala, and Skåne via project development, contracting, and property management divisions.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

Real Estate Property Managers (53131), Nonresidential Building Construction (2362), Commercial and Institutional Building Construction (236220)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Operators (No Developers) & Lessors (6510)

akta.pro primary industry

Association Maintenance, Vendor & Capital Project Management (BPAJAHAM)

Keywords

• Residential property development
• Property construction services
• Rental property management
• Sustainable housing projects
• Real estate development

Headquarters

HQ city

Bromma

HQ country

Sweden

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Property Development and Sales: Åke Sundvall develops residential housing projects (bostadsrätter, hyresrätter, äganderätter) and commercial properties for sale or rental. Revenue is generated from the sale of completed housing units and commercial spaces, as well as rental income from properties held in the management portfolio.
2. Property Management: The company owns and manages a portfolio of rental properties including apartments, student housing, commercial spaces (offices, shops), and parking/garage facilities. Revenue comes from ongoing rental income.
3. Construction/Contracting Services: Åke Sundvall operates as a contractor (Entreprenad) building residential areas. The company builds properties both for its own portfolio and for other developers/partners.
4. Property Transaction (Divestiture): The company divests completed property portfolios to institutional investors, as seen with the sale of Atlaskvarteret to Art-Invest Real Estate. This represents a project-based revenue stream from strategic property sales.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Åke Sundvall develops, builds, and manages residential and commercial properties in Stockholm, Uppsala, and Skåne through three core divisions: Projektutveckling (Project Development), Entreprenad (Construction), and Förvaltning (Property Management). The company produces bostadsrätter (condominiums), hyresrätter (rental apartments), student housing, and commercial premises, with all self-built houses since 2018 carrying Svanen environmental certification.

Product overview

Åke Sundvall is a property development, construction, and management company that creates residential housing in Stockholm, Uppsala, and Skåne (through subsidiaries). The company operates three core divisions: Projektutveckling (Project Development), Entreprenad (Construction), and Förvaltning (Property Management). Their product portfolio consists of newly produced bostadsrätter (tenant-owned apartments), hyresrätter (rental apartments), studentlägenheter (student housing), and lokaler/parkering (commercial spaces and parking). All self-developed projects since 2018 are Swan-labeled (Svanenmärkt), demonstrating environmental certification. The company manages approximately 500 rental apartments and has approximately 4000 apartments in their project portfolio. Notable current projects include The Mews in Slakthusområdet (approximately 125 units), Kvarter 7&9 in Barkarbystaden (over 500 residences), Kasvakten in Vårberg (300 units), Panorama in Bredäng (199 units), and multiple projects in Uppsala's Rosendal district.

Differentiator

Problem solved

Functional benefit

Products and services

• Projektutveckling (Project Development)
• Entreprenad (Construction Services)
• Förvaltning (Property Management)
• Atlas (Atlaskvarteret, Barkarbystaden)

Quantifiable outcome

• Svanen-certified buildings have lower energy consumption and enable green mortgages from banks
• +1 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Järfälla kommuncoreStrategic or Co-development Partner · 11 May 2026Åke Sundvall and Järfälla municipality signed an exploitation agreement for two central city blocks (Kvarter 7 and 9) in Barkarbystaden with 537 new homes, 10,500 sqm of commercial premises, and metro station entrance access. This is Åke Sundvall's fourth project in Barkarbystaden. The company has been active in the area for nearly two decades.
• ElfaminorStrategic or Co-development Partner · 7 August 2020Åke Sundvall partnered with Elfa to create sustainable and space-efficient storage solutions in their student apartment projects Maja & Knekten in Gubbängen and Tensta Torn. Elfa's expertise was used to design functional storage for small apartment spaces.
• ByggmarknadskommissionenminorStrategic or Co-development Partner · 21 April 2020Åke Sundvall supports the Byggmarknadskommissionen (Construction Market Commission), a coalition from the entire construction industry working to ensure fair working conditions, healthy competition, and long-term development of a serious and sustainable construction market.
• IKEA (Barkarby & Kungens Kurva)coreStrategic or Co-development Partner · 7 October 2019Åke Sundvall collaborated with IKEA Barkarby and IKEA Kungens Kurva to create the 'Conscious Living' interior design concept for Brf Agnes in Fruängen. The concept featured products made from recycled or renewable materials, emphasizing sustainability. The collaboration extended to student apartments in Gubbängen (Maja & Knekten) where IKEA provided tailored interior packages.
• Heba Fastighets ABcoreStrategic or Co-development PartnerÅke Sundvall and Heba are co-development partners in multiple residential projects. Key joint projects include Kasvakten in Vårberg (300 Svanen-certified apartments), Verket in Rosendal, Uppsala (159 apartments), and Panorama in Bredäng (199 apartments). Heba is a publicly listed Swedish real estate company focused on residential properties.
• OBOSminorStrategic or Co-development PartnerOBOS was a joint venture partner with Åke Sundvall for the first phase of Atlas development in Barkarbystaden. The joint venture developed the first stage of the Atlaskvarteret project before Åke Sundvall continued with the second phase independently.
• Plant (Klimatberäkningar)coreTechnology or IntegrationÅke Sundvall initially partnered with Plant consultants to implement climate calculations across their projects. Plant provided a visual and easy-to-use climate calculation tool. Since November, Åke Sundvall's teams work independently in the tool, which supports both full building climate calculations and climate declarations.
• Fossilfritt SverigeminorOthersÅke Sundvall is a member of Fossilfritt Sverige, which works for a common roadmap for the entire value chain in the construction and civil engineering sector. The industry accounts for approximately 20% of Sweden's climate emissions.
• Svanen (Miljömärkning Sverige)coreOthersÅke Sundvall has certified all self-built houses with Svanen since 2018. Svanen controls construction from a lifecycle perspective — reviewing building material choices, energy use during construction, energy efficiency, work processes, and residential environment.

Scale indicators5 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• NCC: One of Sweden's largest construction and property development companies. Overlaps with Åke Sundvall in residential development and construction contracting in Stockholm/Uppsala, though at much larger scale and broader scope (also infrastructure and commercial).
• Peab: Major Swedish construction and civil engineering company with residential development operations. Comparable as a vertically integrated construction-and-development operator active in Stockholm and Uppsala.
• Skanska: Sweden-headquartered global construction and real estate developer. Comparable in residential development and construction, particularly through its Skanska Sverige residential business operating in the same Stockholm geography.

Direct peers

• JM: Sweden's largest listed residential developer, headquartered in Stockholm. Closest direct peer given overlapping geographic footprint, mixed-tenure product (bostadsrätter, hyresrätter, äganderätter), and integrated development-construction model.
• Wallenstam: Stockholm-listed property developer and manager focused on residential and commercial properties in the Stockholm region. Comparable vertically integrated develop-build-manage model with a strong Stockholm footprint.
• Riksbyggen: Swedish cooperative housing developer and property manager. Comparable as a bostadsrätts-focused developer operating in Stockholm, Uppsala, and other Swedish metros, with similar target customers and product type.
• OBOS: Norwegian-headquartered residential developer that partnered with Åke Sundvall on the first phase of the Atlaskvarteret JV. Comparable as a Nordic residential developer with multi-family housing projects in the Stockholm market.
• Bonava: Stockholm-listed residential developer active across Sweden and Northern Europe. Directly comparable as a project-based residential developer focused on multi-family bostadsrätter and hyresrätter in the same Stockholm/Uppsala geography.
• Heba Fastighets AB: Stockholm-listed residential property developer and JV partner of Åke Sundvall on Kasvakten, Verket, and Panorama. Directly comparable in geography (Stockholm/Uppsala), tenure mix, and Svanen-certified housing focus.
• HSB: Sweden's largest housing cooperative, developing and managing multi-family residential properties nationwide with a strong Stockholm presence. Comparable as a cooperative-residential developer/manager with overlapping customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/akesundvallab
• LinkedInse.linkedin.com/company/%C3%A5ke-sundvall
• Instagraminstagram.com/akesundvall/?hl=sv

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Ake Sundvall