# Arlandastad Group

> Clarifo company profile — qualitative business description generated from
> the company's filings. Financial statements, charts and ratios are
> available on Clarifo (https://www.clarifo.com/en/companies/arlandastadgroup).

## Overview

Arlandastad Group is a Swedish property development and asset management company focused on large, strategically located land areas in Arlandastad and Skavsta. Its business combines long-term development of land and building rights with ownership and operation of commercial properties, parking facilities, and selected operating activities tied to the sites.

## Products & services

• Land development and detailed-plan building rights
• Commercial property ownership and leasing
• Parking facilities and site operations
• Vehicle testing facilities and related infrastructure
• Exhibition and event facilities
• Airport-area and destination development

- **Property development** (35%) — Planning, zoning, and development of large land areas into buildable sites.
- **Property leasing** (30%) — Rental income from owned commercial and operational properties.
- **Operative activities** (20%) — Site-based services such as education, airport, and event operations.
- **Parking and ancillary services** (10%) — Parking facilities and related site services supporting the destinations.
- **Asset sales and project exits** (5%) — Occasional sales of properties, land, or project-related assets.

- Land development and detailed-plan building rights
- Commercial property ownership and leasing
- Parking facilities and site operations
- Vehicle testing facilities and related infrastructure
- Exhibition and event facilities
- Airport-area and destination development

## Customers

Arlandastad Group serves tenants, operators, and partners that need space in large, infrastructure-linked destination areas. Customers include businesses leasing premises, organizations using event or training facilities, and counterparties involved in development, infrastructure, or land transactions. The company’s sites are designed to attract users that benefit from proximity to transport nodes and from clustering with other businesses and services.

- **Commercial tenants** (primary) — Lease offices, premises, and site-adjacent space for operations in Arlandastad and Skavsta.
- **Event and exhibition users** (secondary) — Use venue space for fairs, meetings, and temporary gatherings at destination facilities.
- **Airport and travel-related users** (secondary) — Use airport-area services and facilities tied to Stockholm Skavsta Airport.
- **Vehicle and test-activity operators** (secondary) — Use testing and specialized facilities connected to automotive and mobility activities.
- **Development and infrastructure partners** (primary) — Buy land, enter joint projects, or collaborate on zoning and site development.

- Commercial tenants seeking space in strategic site locations
- Event and exhibition users at Scandinavian XPO-type facilities
- Airport-related users and travelers at Skavsta
- Vehicle industry and testing-related operators
- Public-sector and infrastructure-linked counterparties
- Development partners and land buyers

## Geography

The company’s core operations are concentrated in Sweden, primarily in the Arlandastad area near Stockholm Arlanda Airport and in Skavsta near Stockholm Skavsta Airport. These locations are central to the business model because they combine transport access, infrastructure, and large contiguous land holdings that can be developed over time. The company’s exposure is therefore highly site-specific rather than broadly diversified across many countries.

- **Sweden** (100%) — Core development and operating assets are located in Arlandastad and Skavsta.

- Operations are concentrated in Arlandastad and Skavsta in Sweden
- Sites are tied to airport and transport infrastructure
- Large contiguous land holdings support phased development
- Revenue depends on local leasing, site operations, and project activity
- Geographic concentration creates site-specific planning and demand exposure

## Strategy

Arlandastad Group’s strategy is to develop large, strategically placed areas into long-lived destinations that combine property, infrastructure, and operating activities. It seeks to create value by controlling the full chain from land acquisition and zoning to development, leasing, and selective operations, while working with public and private partners.

- **Phased development of Arlandastad and Skavsta** (medium-term) — Phasing allows the company to unlock value gradually while matching capital deployment to demand.
- **Integrated site model** (medium-term) — Combining land, leasing, parking, and operations increases the attractiveness of each destination.
- **Financial flexibility** (short-term) — Large development projects require access to funding and disciplined capital planning.
- **Partnership-led infrastructure development** (long-term) — Complex sites benefit from collaboration with municipalities, operators, and other partners.

- Develop large strategic sites over long time horizons
- Monetize land through zoning and phased project execution
- Combine leasing with operating activities to deepen site value
- Use partnerships to support infrastructure-heavy development
- Maintain financial flexibility to fund multi-year projects

## Risks

Key risks stem from the company’s dependence on property values, project execution, financing access, and tenant demand. Because the business is concentrated in large development sites, planning approvals, capital costs, weather, and local market conditions can materially affect timing and returns.

- **Property valuation risk** [high] — Reported asset values depend on external market assumptions, yields, and project progress.
- **Project execution risk** [high] — Large development projects require approvals, coordination, and capital over long periods.
- **Financing and interest rate risk** [high] — The business uses bank debt and faces higher costs when credit markets tighten.
- **Tenant and occupancy risk** [medium] — Rental income depends on leasing success and continued demand for site locations.
- **Planning and regulatory risk** [medium] — Zoning, detailed plans, and infrastructure approvals can change development timing and cost.
- **Seasonality risk** [low] — Heating, snow removal, and holiday/summer slowdowns affect quarterly comparability.

- Property valuations can move with market yields and assumptions
- Project execution risk is high in large, multi-year developments
- Financing costs and covenant headroom affect flexibility
- Tenant demand and vacancy influence rental income
- Planning and permitting can delay land development
- Seasonality affects operating costs and site activity

## Accounting

The company’s reporting is shaped by fair value measurement of investment properties and by judgment in project-related asset values, which can materially affect reported earnings and NAV. It also has meaningful seasonality in operating costs and uses IFRS 15 for operative activities, so timing of service delivery and quarterly cost patterns matter for comparability.

- **Fair value measurement of investment properties** — Property revaluations and NAV
- **External valuation cadence** — Balance sheet and profit volatility
- **IFRS 15 revenue recognition for operative activities** — Timing of revenue in quarterly reporting
- **Seasonality in operating costs** — Operating margin and cash flow comparability
- **Classification of mixed-use properties** — Depreciation, fair value, and asset presentation

- Fair value estimates drive gains and losses on property holdings
- External valuations affect reported asset values and NAV
- IFRS 15 applies to education, airport, and event revenues
- Seasonal heating and snow-removal costs affect quarterly results
- Mixed-use assets require judgment in property classification

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*Last updated: 2026-08-11T04:04:50.957029+00:00*