Atrium Ljungberg signs ten-year loan agreement with Nordic Investment Bank

Atrium Ljungberg has signed a ten-year loan agreement of SEK 860 million with Nordic Investment Bank (NIB). The loan, which is unsecured, is linked to the renovation and redevelopment of Söderhallarna at Medborgarplatsen in Södermalm, Stockholm.

Söderhallarna opened in 1992, and the building is known for its architecture as well as its cultural and historical value. The ground floor will continue to consist of a food market with grocery stores and restaurants, while the upper floors will house office and co-working spaces. The letting area amounts to approximately 26,000 m². Ramboll will be one of the first tenants, utilising 5,000 m² for its new Swedish head office and approximately 600 employees in Stockholm.

The project started in the spring of 2024 and is expected to be completed at the beginning of 2027. The renovation will improve Söderhallarna’s energy performance by around 50 per cent and reduce the carbon dioxide intensity at the same time as the material will be reused to preserve the cultural feature and minimise climate impact.

Atrium Ljungberg distinguishes itself as a long-term and financially stable property owner. Its loan portfolio, which amounts to just over SEK 25 billion, is diversified with more than half coming from capital market financing and the rest from bank and direct financing.

“The new unsecured bank loan of SEK 860 million from NIB is unique for Atrium Ljungberg in two respects: it represents the loan with the longest tenor  that Atrium Ljungberg has ever entered into with NIB and it is also the first loan specifically intended to finance a renovation project, says Heiko Bechtel, Head of Treasury at Atrium Ljungberg.

“NIB has a strong climate focus and places high sustainability requirements on the projects it finances. We are therefore proud that the bank has granted loans to Atrium Ljungberg several times for projects that meet very high standards from a sustainability perspective. We are particularly pleased that we were able to receive a loan from NIB for the first time for a renovation project, which shows and confirms that our renovation projects also meet very high sustainability standards,” says Anna Jepson, CFO at Atrium Ljungberg.

Nacka, 23/06/2025
Atrium Ljungberg AB (publ)

For further information, please contact:
Anna Jepson, CFO Atrium Ljungberg, +46(0)72 565 85 23, anna.jepson@al.se

Atrium Ljungberg is one of Sweden’s biggest listed property companies. We own, develop and manage properties in growth markets in Stockholm, Uppsala, Gothenburg and Malmö. Our focus is on developing attractive urban environments for offices and retail, supplemented with residentials, culture, service and education. The total letting area is approximately 1 million m², distributed across around seventy properties and valued at SEK 59 billion. Our retail hubs draw almost 35 million visitors on an annual basis and our areas include more than 30,000 workers and students as well as 1,000 residents. Our project portfolio will enable us to invest the equivalent of just over SEK 40 billion in the future. Atrium Ljungberg is listed as ATRLJ-B.ST on the Nasdaq Stockholm Large Cap list. Find out more at www.al.se