Index Residence

What Index Residence does

Index Residence is a Swedish residential real estate developer founded in 1998 by Fredrik Alama and Bjarne Borg, operating as part of Index Invest International AB (publ) with head office in Norrtälje and a Stockholm mailing address. The company develops premium condominium (bostadsrätt), rental, and mixed-use projects in the Stockholm/Mälardalen region — including landmark completed towers Soltornet and Havstornet in Norrtälje Hamn, the 600-unit Västermalms Strand on Kungsholmen, and 500-unit Mälarhjödsparken — alongside Florida-based rental and commercial developments through Index Invest, which has produced over 2,000 US rental units. The core product is differentiated by the Touch by Index Residence lifestyle concept, bundling concierge, a co-working work lounge, boat pool, car pool, and bike pool into a mobile-app-managed service available to residents and external members (1,995 SEK/month).

Revenue is generated primarily through one-time condominium sales of new-build units in premium waterside and central locations, supplemented by recurring Touch Work Lounge memberships and a newly re-entered Swedish rental apartment portfolio targeting at least 5,000 units over the long term. Go-to-market relies on direct sales through in-house staff, physical showrooms (including floating show apartments) and partner broker Magnusson Mäkleri, with marketing driven by project-specific websites, interest registration funnels, and community engagement in Norrtälje. The company is mid-sized — disclosed firmographic headcount of 1–10 (with internal references to ~15) — and operates as a lean project-management developer that subcontracts construction, evidenced by its ability to deliver a 23-storey tower (Havstornet) using prefabricated methods at a rate of one floor per week. The forward pipeline includes the ~4 billion SEK Playce mixed-use project in Kista (developed in JV with Court Real Estate and Executive Invest under the design of Wingårdhs), the ~450-unit Kanalstaden in Österåker, and 204-unit Kista Äng rentals.

Name

Index Residence

Legal name

Index Invest International AB (publ)

Website

https://indexresidence.se

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Index Residence is a Swedish residential real estate developer, founded in 1998 and part of Index Invest International AB (publ), that designs and sells premium condominium, rental, and mixed-use projects in the Stockholm/Mälardalen region and Florida, differentiating through its Touch lifestyle concept bundling concierge, co-working, and shared mobility services.

Ownership category

akta.pro rank

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Bostadsrättsförsäljning (Condominium Sales): Index Residence develops and sells new-build apartments (bostadsrätter) to end buyers. Revenue is generated through the sale of completed or off-plan residential units in premium locations in the Stockholm/Mälardalen region. Sales prices vary by project, location, and unit size. This is the primary revenue stream historically.
2. Hyresrättsutveckling (Rental Apartment Development): Index Residence is re-entering the rental apartment market in Sweden, applying experience gained from US operations. The company develops and retains ownership of rental apartments for long-term rental income. The stated long-term target is a portfolio of at least 5,000 rental apartments.
3. Touch Servicekoncept (Lifestyle Services): All Index Residence homes include the Touch by Index Residence lifestyle concept, providing concierge services, work lounges, boat pools, car pools, and bike pools. The company charges membership fees for Touch services to both residents and external co-working members, generating supplementary recurring revenue.
4. Work Lounge Medlemskap (Co-working Memberships): External co-working members can access the Touch Work Lounge for 1,995 SEK per month, with additional services such as conference rooms, concierge support, company address and mail handling, and partner discounts. This creates a recurring revenue stream from non-residents.
5. US Property Development: Index Invest (US operations) develops and manages both residential rental properties and commercial real estate in Florida. The company has produced over 2,000 rental units in Florida and currently has over 800 units in five projects in production and development. This dual-market strategy allows revenue diversification across geographies.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Index Residence develops and sells premium newly built residential apartments (bostadsrätter/condominiums and hyresrätter/rental apartments) in the Stockholm/Mälardalen region and in Florida, USA. Every home includes the proprietary Touch by Index Residence lifestyle concept that bundles concierge, work lounge, boat pool, car pool, and bike pool services. The company supplements sales with recurring Touch Work Lounge co-working memberships and is expanding a long-term owned rental portfolio targeting at least 5,000 apartments in Sweden.

Product overview

Index Residence is a Swedish residential developer and part of Index Invest International AB (publ). The company operates as a premium residential developer with projects in the Stockholm/Mälardalen region and North America. The core product portfolio consists of residential developments including condominiums (bostadsrätter), rental apartments (hyresrätter), and mixed-use projects. All Index Residence homes include the Touch by Index Residence lifestyle concept providing concierge services, work lounge access, and shared mobility options (car, bike, and boat pools) via a mobile app. Key completed projects include Soltornet and Havstornet (87 and 119 apartments respectively in Norrtälje Hamn), Orangeriet (92 condominiums), Västermalms Strand (600 apartments in Stockholm), and Mälarhöjdsparken (500 apartments). Development portfolio includes major projects like Playce in Kista (450+ apartments), Kanalstaden in Österåker (450 units), and rental apartment projects. The company has also expanded into the US market with operations in Florida.

Differentiator

Problem solved

Functional benefit

Brands

• Touch by Index Residence: Lifestyle service concept included in all Index Residence homes featuring concierge services, work lounge, car pool, boat pool, bike pool, and various services to enhance quality of life for residents.

Products and services

• Touch by Index Residence A proprietary lifestyle and concierge service concept included with all Index Residence homes. Features include on-site concierge, work lounge access, car pool, bicycle pool, boat pool, and various services accessible via a mobile app for residents.
• Soltornet 16-story residential tower with 87 apartments in Norrtälje Hamn. First tower in the Norrtälje Torn development. Features include open floor plans, spacious bathrooms, large balconies, and access to Touch services. The Wine & Dine restaurant is located in the building.
• Havstornet 23-story residential tower built directly on the quay in Norrtälje Hamn, 15 meters from water. 119 apartments with balconies or terraces. At 69 meters, one of the tallest residential buildings in Sweden north of Kista. Includes Touch services and on-site Touch Work Lounge.
• Orangeriet 92 bostadsrätter (condominiums) in Norrtälje Hamn featuring a Riviera lifestyle concept. Includes winter garden, greenhouse with cultivation, gym with sauna and relaxation area, and communal outdoor kitchen with grill. Includes Touch concierge services.
• Norrtälje Juvelen 300 well-designed apartments in central Norrtälje. Features open floor plans, modern technology, balconies or patios, and communal outdoor areas with lush greenery and outdoor kitchens.
• Kista Äng Modern rental apartment development in Kista, 15 minutes from central Stockholm and 20 minutes from Arlanda Airport. 204 well-designed rental apartments around a common courtyard with Touch services.
• Playce Future mixed-use campus concept in Kista combining residential units, offices, hotel/long-stay, sports facilities, and meeting areas. Includes a 41-story building with 450+ apartments, a 27-story building with hotel and offices (21,000 sqm), and a lower section with 130 apartments. Sports facilities include padel center, tennis courts, and gym (11,500 sqm). Designed by Wingårdhs architects.
• Kanalstaden New waterfront district development in Österåker. Planned for approximately 450 waterfront units with mixed-use buildings including shops, restaurants, public services, and activity spaces. Located 10 meters from the quay with direct archipelago access.
• Västermalms Strand 600 new apartments on Kungsholmen, Stockholm. Features a waterfront promenade, childcare facilities, and excellent transportation links. More than 400 apartments were sold within one year of completion.
• Mälarhöjdsparken 500 new apartments south of central Stockholm. Features spa-inspired pool area with outdoor kitchen and lounge. One of the most successful residential projects in southern Stockholm, with more than 60% sold on the first day of sales.
• Touch Work Lounge Modern co-working office space for residents and external members located in Havstornet. Includes work lounge access, private offices, meeting rooms, concierge services, tea, coffee, and fruit. Available for 1,995 SEK monthly membership with partner discounts such as NTC gym access.
• Traversen Mixed residential project in Sollentuna northwest of Stockholm. Will consist of approximately 200 rental apartments with attractive terraces, exclusive townhouses, and premium condominiums.

Quantifiable outcome

• Over 1,000 residential units produced in greater Stockholm/Mälardalen since 1998
• +6 more outcomes

Named customers7 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

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Wingårdhs (Gert Wingårdh Arkitektbyrå)coreStrategic or Co-development Partner · 1 January 2022Index Residence partnered with the internationally acclaimed, multi-award-winning architectural firm Wingårdhs, led by Gert Wingårdh, to design the Playce project in Kista. Wingårdhs is recognized as one of Sweden's leading architectural firms and brings significant design credibility to the project.
• Court Real Estate ABcoreStrategic or Co-development Partner · 1 January 2022Court Real Estate AB is one of three equal co-owners of the Playce project in Kista, alongside Index Investment Group and Executive Invest Stockholm AB. Each partner holds an equal share in the development, which spans residential, hotel, office, and sports facilities.
• Executive Invest Stockholm ABcoreStrategic or Co-development Partner · 1 January 2022Executive Invest Stockholm AB is one of three equal co-owners of the Playce project in Kista, alongside Index Investment Group and Court Real Estate AB. The project is a joint venture for the development of a mixed-use campus including residential, hotel, office, and sports facilities.
• Norrtälje Träningscenter (NTC)minorStrategic or Co-development Partner · 1 January 2021NTC opened its third gym in Norrtälje Hamn, located at street level in Havstornet next to Touch Work Lounge. NTC offers memberships to both residents and the general public. Charlotte Carlén is a co-owner. Touch members receive exclusive discounts at NTC.
• Magnusson MäklericoreChannel Partner/ Reseller/ Distributor · 1 January 2020Magnusson Mäkleri serves as the real estate broker for Index Residence's completed projects in Norrtälje, including Havstornet and Orangeriet. Broker Sebastian Bergström handles sales of remaining apartments. This is an ongoing sales partnership across multiple projects.
• Michael Jordan and Partners (1000 North Restaurant)minorStrategic or Co-development Partner · 1 January 2020Index Invest (US operations) partnered with basketball legend Michael Jordan and other investors to launch the restaurant 1000 North at Jupiter Inlet, adjacent to Index Invest's US headquarters. The restaurant quickly became the most popular in the area, co-located with Index Invest's waterfront property development.
• Wine & Dine Restaurant (Soltornet)minorStrategic or Co-development Partner · 1 January 2019The restaurant Wine & Dine is located within Soltornet in Norrtälje, accessible to residents through a separate private entrance. This amenity is part of the Touch lifestyle concept, providing high-class dining accessible directly from residents' building.
• Norrtälje PadelcenterminorGTM or Marketing Partner · 1 January 2018Index Residence partnered as main sponsor of Norrtälje Padelcenter, opening in May 2018 at Knutby torg. Magnus Ekman from Index helped identify suitable premises. The padel center includes three courts and a lounge with views over the courts, serving both residents and the broader Norrtälje community.
• GranencoreStrategic or Co-development Partner · 1 January 2016Granen and Index Residence jointly own Arkensvik AB, which develops and manages a significant real estate portfolio. Arkensvik is responsible for projects including Norrtälje Juvelen (300 apartments) and other developments. Granen was founded in 1979 and focuses on commercial property management and residential development.
• NKR DemolitionminorImplementation/ SI/ Consulting Partner · 1 January 2016NKR Demolition was contracted by Lantmännen Fastigheter to demolish the grain silos in Norrtälje Hamn to clear land for Index Residence's residential development. The demolition included the 60-meter-high grey silo using a crane-lifted excavator on the roof.
• CentrumfastighetercoreStrategic or Co-development Partner · 1 January 2006Index Residence collaborated with Centrumfastigheter on the Fågelnästet project in central Norrtälje, constructing 18 townhouse-style apartments on top of an existing office building using three-dimensional property formation. The collaboration also extended to the Jernlodet 14 project with 19 modern apartments. Centrumfastigheter owns several properties in Norrtälje's city centre.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• NCC AB: One of the largest Nordic construction/property developers, with a residential development arm that competes for similar Stockholm-area land and customers. Larger and diversified, but product line and customer base directly overlap with Index Residence.
• Skanska AB: Nordic-headquartered global construction and development group with a Swedish residential arm that Index Residence has previously partnered with (Väster\\u00e4lsmsterrassen). Broad incumbent offering comparable product but as part of a much larger, diversified construction portfolio.
• Lennar Corporation: One of the largest US homebuilders, with significant Florida (Tampa, South Florida) operations directly overlapping with Index Invest's Florida footprint. Relevant for the US rental portfolio (2,000+ units) and future Florida growth ambitions.
• Peab AB: Major Swedish construction and residential developer with a national footprint producing bostadsrätter in similar Stockholm/Mälardalen submarkets. Comparable product mix with the same end-buyers as Index Residence, but at broader scale.

Direct peers

• Wallenstam AB: Stockholm-listed developer/owner of both commercial and residential properties with a Stockholm focus. Comparable because it develops and retains rental apartments while also selling units, similar to Index Residence's condominium-plus-rental strategy.
• Sveafastigheter AB: Swedish residential rental-focused developer/owner with Stockholm-heavy portfolio. Closely comparable with Index Residence's upcoming Swedish hyresrätt build-out and Kista Äng–style new-build rental product.
• JM AB: Sweden's largest listed residential developer with a similar Stockholm-region focus on both bostadsrätter and hyresrätter. Directly comparable in geography, product type (new-build premium apartments), and buyer segment, though JM operates at significantly greater scale and is publicly listed.
• Bonava AB: Listed Swedish/Nordic residential developer spun out from NCC, building bostadsrätter and rental apartments in the Stockholm region and Germany. Closely comparable in product mix, customer profile (mid-market premium buyers), and geographic focus.
• Stena Fastigheter AB: Large Swedish residential developer and rental operator with significant Stockholm exposure. Comparable because it both develops new-build apartments and operates substantial rental portfolios in the same geographies as Index Residence.
• Heimstaden AB: Major Nordic residential landlord acquiring and developing rental housing in Sweden, Denmark, Germany, and other European markets. A relevant peer for Index Residence's stated 5,000-rental-unit Sweden re-entry and long-term landlord strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/indexresidence
• LinkedInlinkedin.com/company/index-residence-ab-publ-

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries1 record

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 Index Residence