Skanska Olivin Stockholm office lease activity has gained momentum as Skanska signs a long-term agreement with Telenor Sweden and Telenor Connexion for new headquarters space in Stockholm.
The 10-year lease covers approximately 6,600 square meters in the Olivin office building, located in western Kungsholmen. As a result, the building is now about 87% leased. Telenor is expected to relocate to its new Swedish headquarters in 2028.
Olivin development strengthens Stockholm office market
The Skanska Olivin Stockholm office lease highlights growing demand in the city’s commercial real estate sector. The Olivin building spans around 23,000 square meters across 11 floors and is currently under construction.
Importantly, Skanska has already secured space for its own headquarters in the same building, with occupancy planned for late 2026. This dual commitment reflects confidence in the project’s long-term value.
Modern workplace design and sustainability focus
The Olivin project integrates workplace functionality with employee well-being. In addition to office spaces, the building will include:
- Conference and meeting facilities
- Outdoor terraces
- Gym and wellness areas
- Bicycle parking infrastructure
At ground level, K-märkt will serve as a central hub, offering a restaurant, café, reception, and catering services.
The development follows the “Business in Balance” concept, which combines productivity with health and comfort. Moreover, the building is designed with energy-efficient systems and aims to achieve LEED Platinum certification, reinforcing Skanska’s sustainability goals.
Strategic location in western Kungsholmen
Western Kungsholmen is emerging as one of Stockholm’s key business districts. The area offers strong transport connectivity, mixed-use development, and access to essential services.
The Lindhagen district, where Olivin is located, represents the final phase of a broader development plan. Once completed, it will deliver approximately 90,000 square meters of new office space, further strengthening the city’s commercial infrastructure.
Conclusion
Overall, the Skanska Olivin Stockholm office lease agreement with Telenor underscores continued growth in Stockholm’s office market. At the same time, it reflects increasing demand for sustainable, high-quality workspaces designed for the future.
