SBF
- Company typePrivate
- Founded2003
- HeadquartersStockholm, Sweden
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
SBF firmographics
Firmographics- Name
- SBF
- Legal name
- SBF Fonder AB
- Website
- https://sbffonder.se
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Where SBF is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices1 record
Markets served
SBF business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Fund Management Fees: SBF earns management fees through its role as AIF manager for both SBF Bostad (listed fund for private investors) and SBF Institution (institutional fund). As an AIF manager under Finansinspektionen's supervision, SBF charges ongoing management fees on assets under management.
- Carried Interest / Performance Fees: SBF's funds include a profit-sharing mechanism (vinstdelning) where the fund manager participates in returns above a hurdle rate, particularly for stamaktier (ordinary shares) which receive 20% of accumulated profit above a threshold.
- Transaction / Deal Fees: SBF generates fees from property transactions, acquisitions, and divestments within its funds. During 2025, the fund sold a property portfolio of 975 mkr.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | SBF Bostad AB (publ.) - Private investor fund listed on NGM Nordic AIF |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
SBF product offering
Product offeringCore offering
SBF Fonder is a Swedish residential real estate fund manager that operates a fully integrated platform covering sourcing, acquisition, property management, asset management, and reporting. The company manages two primary fund vehicles: SBF Bostad AB (publ.), a listed fund on NGM Nordic AIF for non-professional (private) investors, and SBF Institution, designed for institutional investors seeking exposure to Swedish residential rental property.
Product overview
SBF (Svenska Bostadsfonden) operates as a dual-fund platform offering specialized Swedish residential real estate investment products. The company manages two primary fund structures: SBF Bostad AB (publ.), a listed fund on NGM Nordic AIF targeting non-professional investors, and SBF Institution, designed for institutional investors. Both funds are Article 8 funds under SFDR, promoting sustainability characteristics. The company has managed 15 residential funds since 2003, with approximately SEK 4.1-4.2 billion under management across 106 properties with around 3,200 apartments in 19 Swedish locations. The latest fund, SBF Residential XV, was recently recapitalized with international capital. SBF's integrated platform covers the entire value chain from sourcing and acquisition to property management, asset management, and reporting.
Differentiator
Problem solved
Functional benefit
Brands
- SBF Bostad (publ.): A public real estate fund managed by SBF Fonder, offering investment alternatives in Swedish private rental housing for non-professional investors. Listed on NGM Nordic AIF with ticker symbols SBFBO A and SBFBO B.
- SBF Institution
- SBF Residential XV
Products and services
- SBF Bostad AB (publ.) A listed real estate fund on NGM Nordic AIF for non-professional (private) investors, focusing on Swedish rental residential properties in cities with dynamic labor markets and population growth. The fund targets total return of 6-9% per year and cash dividend of 2-3% per year, and is in planned wind-down by 2028.
- SBF Institution A fund structure for institutional investors seeking exposure to Swedish residential real estate, managed by SBF Fonder with a fully integrated platform covering sourcing, acquisition, property management, asset management, and reporting. Recently recapitalized with international capital.
- SBF Residential XV
Quantifiable outcome
- District heating demand reduced by over 80% through microgrid implementation (Safiren 2 property)
- +5 more outcomes
Companies that use SBF
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles2 records
SBF technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature3 records
SBF partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered minor and core.
- Law Firm KaneminorLaw Firm Kane, led by Nils Sköld, provided legal advisory services to SBF in the BauMont partnership.
- Gernandt & DanielssonminorGernandt & Danielsson, led by Anna Eriksson, advised BauMont Real Estate Capital in the partnership.
- ArtscapeminorSBF partners with Artscape, an organization that creates large-scale public artworks on buildings. Artscape has created nearly 260 artworks across 47 Swedish municipalities since 2014. The partnership has produced murals at SBF properties (e.g., Tellus 1 in Tranås by artist Dolores Navarro/YUDA) as part of community building.
- Finansinspektionen (Swedish Financial Supervisory Authority)coreSBF Fonder is an AIF manager supervised by Finansinspektionen (Swedish Financial Supervisory Authority). This regulatory relationship is fundamental to SBF's operating license.
Scale indicators13 records
Recent moves8 records
Expansion highlights6 records
SBF competitors and assessment
Company assessmentDirect peers
- K2A Knaust & Andersson Fastigheter AB: K2A is a Swedish residential real estate company focused on sustainable, long-term ownership of rental apartments in growth regions. Comparable to SBF in residential PRS focus, Swedish geography, and sustainability-driven investment thesis.
- Rikshem AB: Rikshem is a Swedish residential real estate company owned by AP pension funds, focused on rental housing in growth regions. Comparable to SBF as a Swedish residential-only investor with institutional capital backing and an active asset management approach.
- Willhem AB: Willhem is a Swedish residential real estate company owning and managing rental apartments in growth cities. Closely comparable to SBF in asset class, geography, and tenant-focused operating model with sustainability-driven renovations.
- Nordika Fastigheter AB: Nordika is a Swedish real estate investment company managing residential and community service properties. Comparable to SBF as a Swedish-focused residential investor with institutional capital partners and an active asset management approach.
- Stena Fastigheter AB: Stena Fastigheter is a major Swedish residential property owner and developer managing rental apartments, primarily in Stockholm and Gothenburg. Comparable to SBF in residential focus, Swedish-only geography, and long-term ownership model with sustainability investments.
- Sveaviken Bostad AB: Sveaviken Bostad is a Swedish residential real estate investor focused on rental housing in Greater Stockholm and other growth regions. Comparable to SBF in micro-market focus, residential PRS specialization, and active asset management.
- Heimstaden AB: Heimstaden is one of the largest residential real estate investors in the Nordics and Europe, directly owning and operating rental housing portfolios. It is highly comparable to SBF in asset class (residential PRS), geography (Sweden/Nordics), and business model (long-term ownership with active management), though at significantly greater scale.
- Akelius Residential Property AB: Akelius owns and manages residential properties primarily in Sweden, Germany, and Canada. Comparable to SBF as a Swedish-headquartered residential operator with institutional capital and a value-add/active management strategy.
Broad incumbents
- Vonovia SE: Vonovia is Europe's largest residential real estate company, primarily in Germany but with Swedish exposure through its Heimstaden stake. Comparable as a large-scale residential landlord/operator, though geographically broader and publicly listed at far greater scale than SBF.
- EQT AB: EQT is a large Swedish-headquartered global investment manager with a real estate vertical. Comparable as a Sweden-based alternative asset manager, though at vastly greater scale and with a much broader sector mandate than SBF's residential-only niche.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
SBF social profiles
Digital presenceSBF compliance and trust
Trust signalCompliance5 records
SBF financial estimates
Financial estimateRevenue estimate
Valuation estimate
SBF leadership team
Management profileNumber of profiles
Profiles13 records
SBF subsidiaries and ownership
Company hierarchySubsidiaries2 records
SBF funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SBF M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SBF
What does SBF do?
SBF Fonder is a Swedish residential real estate fund manager that operates a fully integrated platform covering sourcing, acquisition, property management, asset management, and reporting. The company manages two primary fund vehicles: SBF Bostad AB (publ.), a listed fund on NGM Nordic AIF for non-professional (private) investors, and SBF Institution, designed for institutional investors seeking exposure to Swedish residential rental property.
Is SBF a public or private company?
SBF is a private company. It is classified as management employee owned and is currently operating.
When was SBF founded?
SBF was founded in 2003. It employs 11 to 50 people.
Where is SBF based?
SBF is headquartered in Stockholm, Sweden, in the Europe region.
How does SBF make money?
Three revenue lines are on record. Fund Management Fees are the primary driver. The others are carried Interest / Performance Fees and transaction / Deal Fees.
Who are SBF's main competitors?
Direct peers on record are K2A Knaust & Andersson Fastigheter AB, Rikshem AB, Willhem AB, Nordika Fastigheter AB, Stena Fastigheter AB, Sveaviken Bostad AB, Heimstaden AB and Akelius Residential Property AB. Broad incumbents are Vonovia SE and EQT AB.
Does SBF have an API?
No public API is recorded for SBF.