Patriam

What Patriam does

Patriam AB is a Stockholm-based, privately held residential real estate developer founded in 2015 by CEO Andreas Holmberg. The company focuses on developing premium new-build apartments in Stockholm's most desirable inner-city and waterfront locations — including Kungsholmen (Propellerhuset), Lilla Essingen (Vinkelhuset, Ljusablick), Kvarnholmen (Stillavik), Finnboda, Enebytorg, Linde, Torsvik, Nacka Strand, Karlaplan, Stocksund, Gärdet, and Lidingö (Hersby). Per-unit pricing ranges from approximately SEK 6.9M to SEK 18.5M, positioning Patriam in the premium segment of the Swedish housing market.

Patriam runs a lean operation (1–10 employees) using a project-specific legal structure with wholly-owned subsidiaries — Patriam Invest AB, Patriam Finnboda AB, Patriam Kungsholmen AB, and Patriam Kvarnholmen AB — each holding a development entity or serving as a financing vehicle (green bonds are issued through Patriam Invest AB). The development model is partnership-driven: Patriam collaborates with boutique Stockholm architecture firms (Kejs Arkitektur, Varg Arkitekter, Hermansson Hiller Lundberg Arkitekter) and high-profile interior designers (notably Lotta Agaton Interiors), and outsources construction to general contractors such as MVB Öst.

Revenue is generated through one-time sales of individual residential units, distributed via real estate broker partners (Widerlöv Nyproduktion, Fantastic Frank) and the company's own interest-registration funnel on patriam.se. Marketing combines digital channels (Instagram, LinkedIn, Pinterest, email newsletter) with a published trend report ("Rum för det goda livet"). Customer demand has been strong enough that Propellerhuset sold out six months ahead of move-in, and the company continues to expand its pipeline — most recently via the 2025 acquisition of the Gammelmoran 2 property on Lidingö from Podium Fastigheter AB.

Name

Patriam

Legal name

Patriam AB

Website

https://patriam.se

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Patriam AB is a Stockholm-based, privately held residential real estate developer founded in 2015 that builds and sells premium new-build apartments in Stockholm's most desirable inner-city and waterfront locations, including Kungsholmen, Lilla Essingen, Kvarnholmen, and Lidingö.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industries

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB), Residential Luxury / High-End Home Construction (IMAFABAJ)

Keywords

• Residential real estate development
• Premium housing development
• Urban apartment construction
• Waterfront property development
• New-build apartments

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential property sales: Patriam develops and sells premium residential apartments in Stockholm's most attractive locations. Revenue is generated through the sale of apartments in newly developed housing projects.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Patriam develops and sells premium residential apartments in Stockholm's most attractive inner-city and waterfront locations. The company runs individual housing projects from acquisition through design and construction, partnering with renowned architects and interior designers, and sells completed or near-completed units to homebuyers via real estate broker partnerships. In addition to residential development, the company offers interior design and construction services tied to its housing projects.

Product overview

Patriam is a Stockholm-based residential real estate developer offering a portfolio of housing projects across Stockholm's most attractive locations. The portfolio includes premium residential developments such as Patriam Hersby on Lidingö, Patriam Kvarnholmen Stillavik with waterfront apartments built over Svindersviken, Patriam Lilla Essingen Vinkelhuset featuring beachfront apartments with Lotta Agaton interiors, and Patriam Kungsholmen Propellerhuset which was successfully completed and sold out. Additional projects include Patriam Finnboda, Patriam Enebytorg, Patriam Linde, Patriam Torsvik, Patriam Nacka Strand, Karlaplan, Patriam Stocksund, and Patriam Gärdet. The company focuses on developing high-quality homes in premium inner-city locations, collaborating with architects such as Varg Arkitekter and Hermansson Hiller Lundberg, and interior designers including Lotta Agaton Interiors.

Differentiator

Problem solved

Functional benefit

Products and services

• Patriam Hersby

Quantifiable outcome

• Propellerhuset sold out 6 months before completion
• +1 more outcomes

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core and minor.

• Podium Fastigheter ABcoreStrategic or Co-development Partner · 1 January 2025Patriam acquired property Gammelmoran 2 in Hersby on Lidingö from Podium Fastigheter AB. The property will be developed into a new premium residential project.
• Widerlöv NyproduktioncoreChannel Partner/ Reseller/ DistributorWiderlöv serves as the real estate broker for the Vinkelhuset project on Lilla Essingen, handling property sales and viewings.
• Fantastic FrankcoreChannel Partner/ Reseller/ DistributorFantastic Frank is the real estate broker for Patriam's Stillavik project on Kvarnholmen and also handled sales for Propellerhuset.
• RoschierminorImplementation/ SI/ Consulting PartnerRoschier acted as legal advisor to Patriam in connection with the Lidingö property acquisition.
• MVB ÖstcoreImplementation/ SI/ Consulting PartnerMVB Öst was the total contractor for the Propellerhuset project on Kungsholmen.
• Kejs ArkitekturcoreStrategic or Co-development PartnerKejs Arkitektur designed the Propellerhuset project with the ambition to create a timeless addition to Norr Mälarstrand.
• Varg ArkitektercoreStrategic or Co-development PartnerVarg Arkitekter, represented by Siri Lindberg and Ylva K Rosvall, created the distinctive horseshoe-shaped Vinkelhuset building with site-specific architecture.
• Hermansson Hiller Lundberg ArkitektercoreStrategic or Co-development PartnerAnders Hiller and Fredrik Evensen at Hermansson Hiller Lundberg Arkitekter designed the Stillavik project, taking the unique waterfront location as their starting point.
• Lotta Agaton InteriorscoreStrategic or Co-development PartnerLotta Agaton, one of Scandinavia's most influential interior designers, has collaborated with Patriam on multiple projects including Propellerhuset, Stillavik, and Vinkelhuset, creating harmoniously designed living spaces.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• JM AB: Sweden's largest homebuilder with deep Stockholm operations spanning apartments and single-family homes — a dominant incumbent operating in the same residential development space.
• Skanska Residential: Residential arm of Skanska, one of Sweden's largest construction groups, active in Stockholm new-build housing — a major incumbent operating in the same market category.
• Bonava: One of Sweden's largest residential developers, active across multiple Nordic and Baltic markets including Stockholm — a broader incumbent competitor in the same for-sale housing category.
• Wallenstam: Stockholm-focused property developer and manager with both commercial and residential exposure — overlaps with Patriam on Stockholm residential development, albeit with broader portfolio scope.
• NCC Housing: Housing division of NCC, a major Nordic construction group developing for-sale residential in Stockholm — competes with Patriam for the same buyer pool with much greater scale.

Direct peers

• HEBA Fastighets: Stockholm-focused residential property company developing and managing apartments in attractive inner-city locations — highly comparable geographic and product focus to Patriam.
• Magnolia Bostad: Swedish residential developer building for-sale apartments and rental housing, with a meaningful Stockholm presence — comparable in product category and target market to Patriam.
• Oscar Properties: Stockholm-based developer focused on architecturally distinctive, high-end residential projects in prime inner-city locations — directly comparable to Patriam's design-led premium playbook in the same city.

Emerging players

• Sveafastigheter: Swedish residential property developer focused on developing new housing in growth regions — a smaller, more focused competitor in the same for-sale residential category.

Others

• Lotta Agaton Interiors: Patriam's design partner of record across multiple projects (Propellerhuset, Stillavik, Vinkelhuset) — included as an ecosystem/partner relationship that materially shapes Patriam's product positioning rather than as a direct competitor.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/patriam
• Instagraminstagram.com/patriam.se
• Pinterestse.pinterest.com/patriamsverige
• Facebookfacebook.com/profile.php

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries4 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 Patriam