Art-Invest Real Estate expands to Stockholm with major acquisition

Art-Invest Real Estate has announced the opening of its Stockholm branch and celebrated the milestone with its first acquisition in Sweden. The company has acquired properties Säby 3:22, 3:77, and 3:78 in Barkarby, located in Stockholm’s metropolitan area, from PATRIZIA. The acquisition includes 37,000 sqm of retail space, featuring the Stockholm Quality Outlet, the country’s largest outlet center at 17,000 sqm.

The newly acquired properties are located in Barkarbystaden, one of Sweden’s largest ongoing urban development projects. The district is undergoing a significant transformation, with 14,000 new apartments and thousands of jobs planned by 2032. Anchored by the Stockholm Quality Outlet, the properties are home to well-known retailers such as Jysk, Stadium, and Rusta, as well as global brands like Nike, Tommy Hilfiger, and WMF.

Originally developed in 1998 through a partnership between Ikano and Skanska, the Stockholm Quality Outlet remains a flagship retail destination, drawing shoppers from across the region. The Barkarbystaden area will further benefit from enhanced connectivity, with a new metro line set to open in 2027, complementing existing regional train services.

Art-Invest Real Estate plans to leverage the development potential of the site to enhance the retail hub and support Barkarbystaden’s evolution into a dynamic urban district.

Johan Öhlund Lagerdahl, Head of Art-Invest Real Estate’s Stockholm branch, commented:
“The retail sector is entering an exciting phase, and we see strong growth in both sales and visitor numbers at Barkarby and the Stockholm Quality Outlet. As Barkarbystaden continues its development, we aim to elevate this retail destination while exploring further acquisitions in Sweden, particularly in the high-growth residential segment.”

This acquisition marks the beginning of Art-Invest Real Estate’s expansion into the Swedish market. The company has expressed a commitment to pursuing additional investments in both commercial and residential properties, targeting regions with strong growth potential.

Advisors on the transaction included PwC as tax advisor and K&L Gates as legal advisor to Art-Invest Real Estate.

With its strategic location, strong retail foundation, and ambitious urban development plans, Barkarbystaden is poised to become a key hub in northwest Stockholm. Art-Invest Real Estate’s entry into the Swedish market underscores its confidence in the area’s potential and its commitment to shaping the future of dynamic, sustainable urban districts.