Tuesday, 23 June 2026
Art-Invest Real Estate has acquired two newly completed residential properties in Barkarbystaden, one of the largest urban development projects in the Stockholm region, from Swedish developer Åke Sundvall.
The transaction, completed on behalf of an institutional investment fund managed by Art-Invest Real Estate, adds approximately 11,000 sqm of residential space and 169 rental apartments to the company’s portfolio. The acquisition also includes around 3,500 sqm of retail premises.
The deal represents the second transaction between Art-Invest Real Estate and Åke Sundvall and follows the acquisition of three residential buildings within the same ATLAS development in 2025. With the latest purchase, Art-Invest Real Estate now owns the entire ATLAS block, which comprises four residential buildings, an LSS care home and a Hemköp grocery store. The portfolio totals 327 residential units.
The first phase of the ATLAS project was developed through a joint venture between Åke Sundvall and OBOS, while the second phase was developed solely by Åke Sundvall.
Located adjacent to the future Barkarbystaden metro station, scheduled to open in 2027, the properties are expected to benefit from improved transport links to central Stockholm. The area is undergoing significant expansion, with the Municipality of Järfälla projecting the delivery of approximately 14,000 homes by 2032, supported by major public infrastructure investments including the metro extension and regional rail improvements.
All buildings within the development have received the Nordic Swan Ecolabel certification and were constructed to meet sustainability and energy-efficiency standards.
The acquisition follows Art-Invest Real Estate’s earlier investment in the Stockholm Quality Outlet and marks the company’s third transaction in Barkarbystaden and third investment in Scandinavia overall.
“The acquisition further strengthens Art-Invest Real Estate’s footprint in Sweden,” said Johan Öhlund Lagerdahl, Head of Stockholm at Art-Invest Real Estate. “This transaction makes sense as we are now managing the whole ATLAS block. The new assets are strategically located in front of the new subway station which will open in late 2027.”
Martin Sundvall, CEO of Åke Sundvall, said the transaction creates a unified ownership structure for the block while allowing his company to remain involved in the development of the commercial spaces.
“Since the first transaction with Art-Invest Real Estate, we have been aware of their interest in this part of the block as well. There is a clear rationale in having a single owner, and through the agreement we are now entering into, we see a long-term and ambitious property owner taking over. At the same time, we at Åke Sundvall will remain actively involved in the continued development of the commercial premises and their tenant mix,” Sundvall said.
