Ericsson AB is relocating its global headquarters from Kista, a suburb of Stockholm that was once marketed as Sweden’s “Silicon Valley,” to central Stockholm. The company is ending more than two decades of operations in Kista as it transitions to a new location at the Hagastaden campus.
Multiple outlets report that Ericsson signed a plan connected to the 71,000-square-metre Hagastaden site, in an arrangement involving Swedish real-estate firms Atrium Ljungberg and Castellum. Ericsson states that the move will be phased: starting in 2028, it gradually relocates Stockholm-based activities, including headquarters and research and development functions.
The sources describe the new office lease as one of the largest of its kind in Swedish history. The relocation also reflects a broader shift in the Stockholm-area office market, as Ericsson moves away from a district whose technology branding has faced challenges in recent years. Details on the full timeline beyond the 2028 start and any operational changes are not fully specified in the provided reports.