Ericsson to relocate Stockholm operations to Hagastaden

Rhea-AI Summary

Ericsson (NASDAQ: ERIC) will relocate its Stockholm operations, including its headquarters, from Kista to Hagastaden, with the move estimated to start in 2028 and continue for several years.

The company has signed additional leases for five properties totaling about 71,000 sq m, complementing an earlier 24,000 sq m Infinity lease.

Positive

• Signed new leases for approximately 71,000 sq m of office space in Hagastaden
• Previously secured 24,000 sq m Infinity property, expanding planned Hagastaden campus
• Planned city campus aims to enhance collaboration and attract future talent

Negative

• Relocation from Kista to Hagastaden will be phased over several years starting in 2028, implying a prolonged transition period

Market Context

This announcement outlines Ericsson’s plan to move its Stockholm operations and headquarters from Ki...

Analysis

This announcement outlines Ericsson’s plan to move its Stockholm operations and headquarters from Kista to Hagastaden starting in 2028, backed by leases totaling about 71,000 Sq m plus the previously signed 24,000 Sq m Infinity property. It signals a long‑term commitment to a city‑campus model aimed at talent attraction and collaboration. Investors may watch execution milestones, lease build‑out progress, and any disclosed cost or efficiency impacts tied to the relocation over time.

Key Figures

New Hagastaden leases: 71,000 Sq m Wave building lease: 22,000 Sq m Corner of Ekeblad lease: 23,000 Sq m +5 more

8 metrics

New Hagastaden leases 71,000 Sq m Total area of five newly signed properties in Hagastaden

Wave building lease 22,000 Sq m Wave property leased from Atrium Ljungberg

Corner of Ekeblad lease 23,000 Sq m Corner of Ekeblad property leased from Atrium Ljungberg

Trinity lease 13,000 Sq m Trinity property leased from Atrium Ljungberg

Emerald House lease 9,500 Sq m Emerald House property leased from Castellum

Jubileumshuset lease 3,500 Sq m Jubileumshuset property leased from Castellum

Infinity property lease 24,000 Sq m Previously signed Hagastaden lease with Castellum

Relocation timeline start 2028 Estimated start of moving Stockholm operations from Kista to Hagastaden

Historical Context

5 past events · Latest: May 19 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
May 19	Customer partnership	Positive	-0.5%	Vonage chosen by Sureshot.io to power advanced messaging and engagement.
May 19	Strategic partnership	Positive	-0.5%	Global deal with Net Feasa for 4G/5G maritime connectivity and agentic AI data.
May 13	Share transfer mandate	Negative	+1.6%	Plan to sell shares to cover tax and social costs for long-term incentives.
Apr 29	Industry recognition	Positive	+1.2%	Vonage named a Leader in IDC MarketScape for communications engagement platforms.
Apr 21	ESG/education partnership	Positive	-1.8%	Renewed partnership with Girls Who Code to support developer education programs.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent news often saw price reactions diverge from the generally positive strategic and partnership updates, with only one clear alignment in the last five events.

Recent Company History

Over the past months, ERIC has reported several partnership and recognition milestones. On Apr 21 and Apr 29, Vonage (part of Ericsson) highlighted education and platform leadership initiatives, while May news (May 13, May 19) focused on share transfers for compensation programs and new customer and maritime connectivity deals. Price reactions to these items were mostly small and frequently moved opposite the apparent positive tone, suggesting limited or mixed immediate market sensitivity to such announcements.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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• Additional leases for properties in the area have been signed in addition to the one previously communicated
• Process of moving Stockholm operations estimated to start 2028 and last several years

STOCKHOLM, May 25, 2026 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) today announces the decision to relocate its Stockholm operations, including its headquarters, from Kista to Hagastaden on the northern city boundary. The move will create modern and attractive office space designed to encourage collaboration and to compete for future talent.

The process of moving Ericsson's employees in Kista is estimated to begin in early 2028 and take several years. Ericsson's Kista operations include R&D, business areas, group functions and the Imagine Studio – Ericsson's tech showcase, meeting and collaboration space for customers, partners, VIPs, the industry ecosystem and events.

Börje Ekholm, President and CEO of Ericsson, says: "We have carefully evaluated what type of premises and location which will best meet the future needs of the company's Stockholm operations and people. With a vibrant location in the heart of the city's technology collaboration and innovation community - including easy access to our changing business ecosystem, partners and decision makers - Hagastaden is clearly best-placed to address our future operations. A thriving city campus will also strengthen our attraction for the top talent of the future."

Ericsson today also announces that it has signed leases with Atrium Ljungberg and Castellum for properties in Hagastaden. The newly signed leases comprise of five properties in Hagastaden and collectively add up to approximately 71,000 Sq m.

Three buildings – Wave (22,000 Sq m); Corner of Ekeblad (23,000 Sq m), and Trinity (13,000 Sq m) – will be leased from Atrium Ljungberg. Emerald House (9,500 Sq m) and Jubileumshuset (3,500 Sq m) will be leased from Castellum.

Ericsson has previously signed a lease with Castellum for the 24,000 Sq m Infinity property in Hagastaden. The property is currently under construction and is expected to be ready by late 2027. It comprises two connected buildings.

While Ericsson has signed leases in Hagastaden, the company has yet to finalize its definitive future presence in the area to complete the new campus.

Börje Ekholm says: "The new Ericsson City Campus in Hagastaden will be a great workplace, while also designed to encourage more collaboration and innovation. It will also be a showcase for our global customers with Ericsson as part of the energetic fabric of the city of Stockholm.

Ericsson will make the move to Hagastaden in phases across several years with estimated start in 2028. Ericsson will continuously update employees as the process of relocating to Hagastaden continues.

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ABOUT ERICSSON:
Ericsson's high-performing, programmable networks provide connectivity for billions of people every day. For 150 years, we've been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com

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Ericsson to relocate Stockholm operations to Hagastaden

View original content:https://www.prnewswire.com/news-releases/ericsson-to-relocate-stockholm-operations-to-hagastaden-302781021.html

SOURCE Ericsson

FAQ

What did Ericsson (NASDAQ: ERIC) announce about relocating its Stockholm headquarters to Hagastaden?

Ericsson announced plans to relocate its Stockholm operations, including its headquarters, from Kista to Hagastaden. According to Ericsson, the move will create a modern city campus designed to support collaboration, innovation, and talent attraction within Stockholm’s technology and innovation district.

When will Ericsson begin moving its Stockholm operations from Kista to Hagastaden?

Ericsson estimates that moving employees from Kista to Hagastaden will begin in early 2028. According to Ericsson, the relocation will take place in phases over several years, with continuous updates provided to employees as the new city campus is developed and occupied.

How much office space has Ericsson leased in Hagastaden for its new city campus?

Ericsson has signed new leases for about 71,000 sq m of space across five Hagastaden properties. According to Ericsson, this is in addition to a previously signed 24,000 sq m lease for the Infinity property, forming the core of the future Ericsson City Campus.

Which Hagastaden buildings has Ericsson leased for its future Stockholm headquarters campus?

Ericsson will lease Wave, Corner of Ekeblad and Trinity from Atrium Ljungberg, and Emerald House and Jubileumshuset from Castellum. According to Ericsson, these total about 71,000 sq m and complement the 24,000 sq m Infinity property already leased in Hagastaden.

What is the expected completion timeline for Ericsson’s Infinity property in Hagastaden?

The Infinity property in Hagastaden, already leased by Ericsson, is under construction and expected to be ready by late 2027. According to Ericsson, Infinity consists of two connected buildings and will form part of the broader Ericsson City Campus in Stockholm.

Has Ericsson finalized its full future presence in Hagastaden for its Stockholm operations?

Ericsson has not yet finalized its definitive future presence in Hagastaden, despite signing multiple leases. According to Ericsson, work continues to determine the final configuration of the new city campus that will house headquarters, R&D, business areas and group functions over time.