Sveafastigheter

What Sveafastigheter does

Sveafastigheter AB (publ) is Sweden's largest pure-play residential property company (renodlad bostadsbolag), managing, developing, and owning rental apartment buildings across 44 municipalities nationwide with a concentration in the Stockholm region. As of 2025 the company oversees approximately 14,915 apartments in own management, around 4,000 apartments under third-party management mandates, and 6,425 apartments in its development portfolio, for a combined total of roughly 25,340 units and a property portfolio valued at SEK 28.6 billion. The company is headquartered in Stockholm (Olof Palmes gata 13A) and operates more than 25 regional area offices covering locations from Boden in the north to Helsingborg and Malmö in the south.

The product surface spans standard rental apartments (Hyreslägenheter), purpose-built student housing (Studentlägenheter), senior living for residents aged 65+ (Trygghetsboende), commercial spaces (Lediga lokaler), and parking. Sveafastigheter also runs an in-house new construction operation through subsidiaries Sveafastigheter Bostadsutveckling AB and Sveafastigheter Development AB, currently delivering projects including 216 units in Kista Äng (move-in 2026), 117 rental plus 30 senior units in Nacka Solhusen, and 223 student/young professional apartments in Umeå Barnmorskan. The technology layer is a standard property management stack: a tenant portal (Mina Sidor), a mobile app (Hemappen), a public-facing apartment search and housing queue (bostadskön), and the Teamtailor recruitment platform. The company has no proprietary AI/ML capabilities and no public API or SDK offering.

Revenue is generated predominantly through recurring monthly rental income from the directly owned residential portfolio, supplemented by property management fees on third-party mandates and ancillary income from commercial and parking tenants. Tenants are acquired directly through the company website and the bostadskön housing queue, with no intermediaries. The customer base is fragmented across individual residential tenants — singles, couples, families, seniors, and students — yielding very low customer concentration but no individual anchor accounts. The company became publicly listed on Nasdaq First North Premier Growth Market on 18 October 2024, raising SEK 3.5 billion at SEK 39.5 per share for a SEK 7.9 billion market capitalization. In 2024 the company announced a strategic merger with KlaraBo and in May 2025 raised an additional ~$124.5M post-IPO. The company has won the AktivBo Kundkristallen tenant-satisfaction award two consecutive years (2024 and 2025).

Name

Sveafastigheter

Legal name

Sveafastigheter AB (publ)

Website

https://sveafastigheter.se/

Company type

Public

Founded year

2015

Operating status

Operating

Headcount range

101–250 employees

Short description

Sveafastigheter is Sweden's largest pure-play residential property company, owning, managing, and developing approximately 25,340 rental, student, and senior apartments across 44 municipalities with a SEK 28.6 billion portfolio, listed on Nasdaq First North since October 2024.

Ownership category

akta.pro rank

Product category

Residential Property Management

NAICS

Lessors of Residential Buildings and Dwellings (53111), Residential Property Managers (531311), Rental and Leasing Services (532)

SIC

Operators Of Apartment Buildings (6513), Real Estate Operators (No Developers) & Lessors (6510), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

akta.pro secondary industries

Senior & Assisted Living Residential Property Management (BPAJAFAE), Housing Development, Construction & Rehabilitation Programs (BPAIANAB)

Keywords

• Residential property management
• Rental housing services
• Property development
• Student housing
• Senior living housing

Headquarters

HQ city

Nacka

HQ country

Sweden

HQ region

Europe

Offices29 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

1. Rental income: Revenue generated from monthly rent payments by residential tenants across the company's apartment portfolio in 44 Swedish municipalities.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Sveafastigheter owns, manages and develops rental residential properties across Sweden. The portfolio covers traditional rental apartments, purpose-built student housing, and senior living (trygghetsboende) facilities, supplemented by commercial spaces and parking. The company also carries out internal new-construction development (nyproduktion) with sustainability-focused building practices and operates its own property management organization with area offices across 44 Swedish municipalities.

Product overview

Sveafastigheter is Sweden's largest pure-play residential property company, offering a comprehensive housing portfolio consisting of rental apartments, student housing, and senior living facilities. The company operates across 44 municipalities throughout Sweden with 14,915 apartments under direct management plus approximately 4,000 under management mandates. Core offerings include traditional rental housing (Hyreslägenheter), purpose-built student apartments (Studentlägenheter), and senior housing (Trygghetsboende). The company also develops new construction projects (Nyproduktion) with sustainability-focused building practices. Supplementary offerings include commercial spaces (Lediga lokaler) and parking facilities (Parkeringsplatser). Digital tenant services are provided through the Hemappen mobile app and the Mina Sidor (My Pages) tenant portal for managing rental relationships, maintenance requests, and payments.

Differentiator

Problem solved

Functional benefit

Products and services

• Hyreslägenheter (Rental Apartments)

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• White & Case LLPminorImplementation/ SI/ Consulting PartnerLegal advisors to the joint global coordinators and joint bookrunners for the IPO transaction.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Stena Fastigheter: Privately held Swedish residential property company managing rental apartments across Sweden. Direct competitor in the Swedish multifamily rental market, with overlapping customer segments and geographic focus.
• Akelius: Global residential property company with significant Swedish portfolio. Comparable as a multifamily rental operator in Swedish growth markets, with similar exposure to rent-controlled revenue dynamics.
• Wallenstam: Swedish property company listed on Nasdaq Stockholm with significant residential rental exposure, particularly in Stockholm and Gothenburg. Directly comparable as a Swedish residential landlord with own management and development operations.
• Rikshem: Swedish residential property company focused on rental apartments and senior housing. Direct peer given shared focus on Swedish multifamily rentals, with overlapping senior living (trygghetsboende) offerings.
• KlaraBo: Swedish residential property company announced as merger partner with Sveafastigheter in 2024. Highly comparable in scale and strategy, focused on Swedish rental apartments in growth regions.
• Heimstaden: One of Europe's largest residential property companies with major Swedish exposure. Directly comparable in operating multifamily rental housing in Swedish growth regions, and a key competitor for portfolio acquisitions.

Broad incumbents

• JM AB: Sweden's largest residential developer with a primary focus on building owner-occupied homes, but with growing rental exposure. Comparable in Swedish new construction capability and geographic markets.
• Bonava: Nordic residential developer listed on Nasdaq Stockholm. Comparable in Swedish new construction operations and exposure to Swedish housing demand, though primarily a developer rather than long-term landlord.
• Vasakronan: Sweden's largest commercial property company, majority owned by AP funds. Comparable as a large Swedish institutional property company, though primarily focused on office and commercial rather than residential.

Regional players

• HSB: Swedish housing cooperative federation providing rental and cooperative housing nationwide. Operates as both landlord and tenant organization, and represents a competing model in the Swedish multifamily market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/sveafastigheter
• LinkedInlinkedin.com/company/sveafastigheterbostad
• Instagraminstagram.com/sveafastigheterab
• Xx.com/Sveafastig

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries5 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sveafastigheter