Varvsstaden

Name

Varvsstaden

Legal name

Varvsstaden AB

Website

https://www.varvsstaden.se

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Urban Real Estate Development

NAICS

Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Lessors of Residential Buildings and Dwellings (53111), Lessors of Real Estate (5311), New Multifamily Housing Construction (except For-Sale Builders) (236116)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Mixed-Use Property Management (BPAJAGAE)

akta.pro secondary industries

Multifamily Apartment Property Management (BPAJAFAA), Mixed-Use Community Association Management (BPAJAHAF)

Keywords

• Urban real estate development
• Heritage building conversion
• Mixed-use property leasing
• Circular construction materials
• Residential property sales

Headquarters

HQ city

Malmö

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Real estate sales: Sale of residential properties including apartments and townhouses developed on the Varvsstaden site. Projects include Husen på Taket (radhus on top of Hall 259) and other residential developments through Peab Bostad.
2. Commercial property leasing: Leasing of renovated heritage buildings and new commercial spaces to businesses including offices, restaurants, and retail. Buildings include Magasinet (3,525 sqm), Gjuteriet (~4,600 sqm to Oatly), Snickeriet (2,500 sqm to Advokatfirman Lindahl), and Willys supermarket (~3,500 sqm).
3. Property development and sales to investors: Peab acquired four management properties in Varvsstaden for 783 million SEK and approximately 280,000 sqm of planned building rights for 1,228 million SEK from the joint venture Fastighets AB Centur in November 2024.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Varvsstaden develops and operates a mixed-use urban district on the 180,000 sqm former Kockums shipyard in central Malmö, selling heritage-converted residential townhouses (e.g., Husen på Taket) to individuals and leasing renovated historic commercial buildings (Gjuteriet, Magasinet, Snickeriet, Svets- och Pannverkstaden) to business tenants. The offering combines one-time residential sales with recurring commercial lease income, and is delivered through circular construction methods supported by a proprietary Materialbank for material reuse.

Product overview

Varvsstaden is a large-scale urban development project transforming the former Kockums shipyard area (180,000 sqm) in central Malmö into a mixed-use district. The project includes approximately 2,500 new homes and 4,000 workplaces, combining heritage preservation with new construction. Key offerings include: Husen på Taket (24 radhus on Hall 259), commercial buildings (Gjuteriet housing Oatly, Magasinet with office and restaurant space, Snickeriet for Lindahl), mixed-use developments (Svets- och Pannverkstaden with Willys and parking), Varvstornen (planned 23-story tower), and infrastructure (Styrmansbron, Beijers Bro bridges, Solhöjdsparken). The project emphasizes sustainability, circular economy, and material reuse through its Materialbank (material bank). Varvsstaden AB, a wholly-owned subsidiary of Peab, is developing the area in collaboration with Malmö Stad, with completion planned around 2035.

Differentiator

Problem solved

Functional benefit

Products and services

• Husen på Taket 24 unique townhouses (123–180 sqm) built on top of the historic Hall 259 (Svets- och pannverkstaden), designed by Förstberg Ling and sold to individual residential buyers, priced 11–19 million SEK. Move-in is planned for autumn 2028.
• Gjuteriet (commercial office building) Heritage-listed former foundry building (1890s) renovated by Kjellander Sjöberg arkitekter into a modern office building (~4,600 sqm), leased to commercial tenants; currently houses Oatly's EMEA headquarters. Recognized for circular construction using approximately 40,000 recycled bricks and retained steel structure.
• Magasinet (Magasin 211) Historic warehouse building from 1917, designed by Axel Stenberg and renovated by Wingårdhs Arkitekter, providing 3,525 sqm of office and restaurant space across three floors plus attic, leased to commercial tenants; houses the Aster restaurant and approximately 980 sqm of available office space.
• Snickeriet (commercial office building) The oldest preserved building in Varvsstaden (first section from the 1870s), Q- and K-listed, renovated by Elding Oscarson into approximately 2,500 sqm of offices for Advokatfirman Lindahl, accommodating about 85 employees. The building was physically lifted 45 cm for climate resilience.
• Svets- och Pannverkstaden (Hall 259, mixed-use development) Historic 1960s workshop building being transformed into a mixed-use development housing a Willys grocery store (~3,500 sqm) plus e-commerce pickup station, a 550-space parking garage, offices, retail, and the Husen på Taket townhouses on the roof.
• Varvstornen (23-story high-rise) Winning proposal for a 23-story residential high-rise in Varvsstaden, designed by Andrén Fogelström and FELT, featuring public space 'Droppen', green outdoor areas at various levels, and hybrid construction emphasizing sustainability and material reuse.
• Styrmansbron (infrastructure bridge) Pedestrian, cyclist, and public transport bridge with a characteristic red concrete design, connecting Malmö city with Dockan and Västra Hamnen, opened in February 2025.
• Beijers Bro (infrastructure bridge) 40-meter red steel bridge connecting Beijerskajen with Varvsstaden for cyclists and pedestrians, opened in June 2024.
• Solhöjdsparken (public park) Approximately 6,000 sqm green public park in Varvsstaden featuring preserved steel construction and travers from the shipyard era as historical elements, with areas for activities, spontaneous recreation, and urban gardening.

Quantifiable outcome

• Gjuteriet renovation used approximately 40,000 recycled bricks from other site buildings, significantly reducing new material requirements
• +1 more outcomes

Named customers10 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

Feature1 record

Partnerships

Eleven partnerships are on record, tiered major, core and minor.

• Andrén Fogelström and FELTmajorStrategic or Co-development Partner · 30 June 2026Winning architectural team for the 23-story 'Varvstornen' high-rise building project. The team includes Andrén Fogelström and FELT architects, plus NEY partners (construction), AU-RA (sustainability), and Outer Space Arkitekter (landscape). Project developed through parallel commission process with Peab Bostad and Malmö stad.
• Malmö StadcoreStrategic or Co-development PartnerMunicipal partnership for urban development including collaboration on detailed planning (detaljplaner), infrastructure including Styrmansbron bridge construction, public spaces, and environmental remediation. The city provides planning approvals, infrastructure development, and regulatory oversight for the project.
• Förstberg LingmajorStrategic or Co-development PartnerArchitectural firm for Husen på Taket project (24 radhus on Hall 259 roof), designing townhouses inspired by the large ships previously built at the shipyard. Selected for their sensitive approach to integrating new construction with existing industrial heritage.
• Kjellander Sjöberg arkitektermajorStrategic or Co-development PartnerArchitects for Gjuteriet renovation (conversion to Oatly headquarters), transforming the former foundry with hybrid construction using existing steel structure, new timber frame, and approximately 40,000 recycled bricks.
• Wingårdhs ArkitektermajorStrategic or Co-development PartnerArchitects for Magasinet renovation, transforming the 1917 building into modern offices. Wingårdhs also relocated their Malmö office to the building, first major tenant in Varvsstaden.
• Elding OscarsonmajorStrategic or Co-development PartnerArchitects for Snickeriet renovation project converting the 1870s building to offices for Advokatfirman Lindahl, in close collaboration with Varvsstaden AB.
• Advokatfirman LindahlmajorOthersLaw firm tenant in Snickeriet (2,500 sqm offices), representing approximately 85 employees. The firm participated in the design process for their new headquarters in Varvsstadens oldest preserved building.
• OatlycoreOthersFood company tenant establishing EMEA headquarters (~4,600 sqm) in renovated Gjuteriet building. Contributed to design process aligning with sustainability focus and Varvsstaden's circular construction approach.
• WillysmajorOthersSupermarket chain tenant in Svets- och Pannverkstaden ground floor (~3,500 sqm) opening 2025, providing essential retail services for new district residents and workers.
• Peab AnläggningmajorImplementation/ SI/ Consulting PartnerPeab's construction division handling infrastructure work including Styrmansbron construction, ground remediation, demolition of shipyard halls, and site preparation. Responsible for major technical challenges including 28-hour continuous concrete pour for bridge.
• PQ Geoteknik och MiljöminorImplementation/ SI/ Consulting PartnerEnvironmental consulting firm led by Erik Palmquist, responsible for soil remediation assessments, risk evaluations, and remediation planning for contaminated industrial site since 2012.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• JM AB: One of Sweden's largest residential developers, comparable to Varvsstaden's residential townhouse and apartment sale business, including sales in the Öresund region.
• Bonava AB: Swedish residential developer with multi-family and townhouse projects in Sweden, comparable to Varvsstaden's Husen på Taket and Peab Bostad residential developments.
• Wallenstam AB: Swedish real estate developer focused on residential and commercial properties, with similar mixed-use development and property management profile in Sweden.
• Vasakronan AB: Sweden's largest commercial property owner/manager, with substantial office leasing portfolio comparable to Varvsstaden's commercial leasing to Oatly, Lindahl, and others.
• Fastighets AB Balder: Former JV partner in Varvsstaden (Fastighets AB Centur), with comparable real estate portfolio and development pipeline in Sweden, including commercial and residential assets.
• Stena Fastigheter AB: Swedish real estate developer and manager with residential and commercial focus, comparable to Varvsstaden's mixed-use development approach.
• Rikshem AB: Swedish residential real estate company focused on rental housing and residential development, comparable to Varvsstaden's residential strategy.

Broad incumbents

• Castellum AB: Major Swedish commercial real estate company with office, logistics, and mixed-use developments across Sweden, broader than Varvsstaden's single-site focus.
• Skanska AB: One of Sweden's largest construction and real estate developers with commercial property development globally, comparable in scale and integration to Peab/Varvsstaden.
• NCC AB: Major Swedish construction and real estate developer with residential, commercial, and infrastructure projects, comparable to Peab's role backing Varvsstaden.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Varvsstaden