What Emilshus does

Emilshus (legal name Fastighetsbolaget Emilshus AB (publ)) is a Swedish publicly listed commercial real estate company that acquires, develops, and manages high-yielding commercial properties concentrated in southern Sweden. As of March 31, 2026, the portfolio comprised 251 properties totaling 1,226 thousand square meters of lettable area with a combined property value of 13,064 MSEK. Light industrial properties represent 71% of property value and form the strategic core, supplemented by external and daily goods retail (20%) and community service / office spaces (9%). The company is headquartered in Växjö, Kronoberg, and operates with a regional focus described as Småland-rooted business culture, sourcing deals through local market knowledge and direct contacts.

The company serves enterprise tenants across industrial, construction, logistics, building materials, and retail categories, including Sonepar, Peab, DHL, Beijer Byggmaterial, Lindab, and Motonet. Revenue is generated almost entirely through direct, negotiated commercial leases with average remaining lease terms of approximately five years portfolio-wide (7.5 years on recently acquired tranches) and an occupancy rate sustained at 95%. Pricing is quote-based and tied to property size, location, and lease duration, with no publicly disclosed rate cards. The distribution model is direct: properties are listed on Emilshus's corporate website, and the company maintains its own leasing function rather than relying on third-party brokers.

The business model is capital-led and growth-oriented. Both ordinary shares (Series A and B) and preference shares are listed on Nasdaq Stockholm following a 2022 IPO. Between December 2025 and April 2026, Emilshus executed four acquisition tranches deploying approximately 1,546 MSEK to add 33 light industrial properties. R12 rental income reached 964 MSEK as of March 31, 2026 (Q1 2026 alone: 271 MSEK, up 34% year-on-year). The June 2026 directed issue of 12 million preference shares raised 360 MSEK earmarked for further acquisitions. A green finance framework, two successive employee warrant programs (LTIP 2025 and LTIP 2026), and FDI screening classification round out the disclosed corporate profile.

Name

Emilshus

Legal name

Fastighetsbolaget Emilshus AB (publ)

Website

https://emilshus.com

Company type

Public

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Emilshus is a Swedish Nasdaq Stockholm-listed commercial real estate company that acquires and manages high-yielding light industrial, retail, and office properties across southern Sweden, leasing primarily to enterprise tenants under long-term contracts.

Ownership category

akta.pro rank

Product category

Commercial Real Estate

NAICS

Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Lessors of Real Estate (5311)

SIC

Operators Of Nonresidential Buildings (6512), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Real Estate Investment Management (Acquisitions & Dispositions) (BPAJAMAK)

akta.pro secondary industry

Real Assets — Operating Platforms & Direct Investments (FSAAAKAL)

Keywords

• Commercial real estate
• Light industrial properties
• Property leasing
• Real estate investment
• Commercial property management

Headquarters

HQ city

Kronoberg

HQ country

Sweden

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. Commercial Property Leasing: Emilshus generates revenue primarily through renting out commercial properties in southern Sweden, including light industrial spaces, retail locations, and offices. Rental income is the core revenue driver, with lease terms typically spanning several years and tenants assessed for creditworthiness.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Emilshus acquires, develops, and manages high-yielding commercial properties in southern Sweden, including light industrial, industrial service/professional trade, external and daily goods retail, community service, and office spaces. The portfolio is leased to established tenants under long-term agreements (averaging 5 years), with revenue generated primarily through rental income. As of March 31, 2026, the portfolio comprised 251 properties with 1,226 tkvm of lettable area valued at MSEK 13,064.

Product overview

Emilshus is a Swedish real estate company (Fastighetsbolaget Emilshus AB) that operates as a single unified offering: acquiring, developing, and managing high-yielding commercial properties in southern Sweden. The portfolio consists of four main property categories: Light Industrial Properties (71% of property value, the core focus), External and Daily Goods Retail Properties (20%), Industrial Service/Professional Trade Properties, and Community Service and Office Spaces (9%). The company also offers Green Finance Framework services for sustainable financing. As of March 2026, Emilshus's portfolio comprised 1,226 tkvm of leasable area across 251 properties, with rental income of 964 mkr (R12) and a property value of 13,064 million kronor. The company has implemented two warrant incentive programs (LTIP 2025 and LTIP 2026) for employees. Emilshus's common and preference shares are listed on Nasdaq Stockholm.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Property Leasing Rental of commercial properties in southern Sweden to enterprise tenants across light industrial, retail, office, and community service sectors, with long-term leases averaging 5 years.
• Light Industrial Properties Light industrial properties leased to established enterprise tenants, forming the core of Emilshus's portfolio in attractive locations across southern Sweden with good communications.
• External and Daily Goods Retail Properties

Quantifiable outcome

• 95% occupancy rate maintained at high level
• +2 more outcomes

Named customers15 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Advokatfirman CederquistminorImplementation/ SI/ Consulting Partner · 9 June 2026Legal advisor to Emilshus in connection with the directed new issue of preference shares.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• AB Sagax: Swedish focused light-industrial and warehouse property company; Emilshus's largest shareholder and the most directly comparable peer by asset category, geography (Nordics), and tenant profile (industrial/logistics).
• Catena AB: Swedish listed logistics and light-industrial real estate company with similar tenant base (logistics, e-commerce, construction supply). Directly comparable by property category and Nordic focus.
• Wihlborgs Fastigheter: Swedish commercial real estate company focused on the Öresund region (Malmö, Lund, Copenhagen). Directly comparable by property type and southern Sweden exposure.
• Nyfosa AB: Swedish commercial real estate company with a flexible mandate across industrial, office, and retail. Comparable acquisition-driven growth model and Nordic geographic footprint.
• Stenhus Fastigheter: Swedish listed commercial real estate company with a portfolio including industrial, warehouse, and office properties. Comparable acquisition-driven growth strategy.
• NP3 Fastigheter: Swedish commercial real estate company focused on light-industrial and retail properties in northern Sweden. Comparable by asset class mix and small-mid cap listed profile.
• K2A Knaust & Andersson: Swedish real estate company focused on residential and community service properties. Comparable by Nordic listed structure and property management approach, though asset mix differs.
• Diös Fastigheter: Swedish regional commercial real estate company with a northern Sweden focus. Comparable business model (acquire, develop, manage commercial properties) and listed REIT structure.

Broad incumbents

• Stena Fastigheter: Larger Swedish diversified real estate company with residential and commercial holdings. A broader incumbent with overlapping commercial property exposure but a wider portfolio mandate.

Emerging players

• Cibus Nordic Real Estate: Nordic real estate company focused on grocery-anchored retail properties. Relevant for Emilshus's ~20% retail property exposure, though asset subclass differs from light-industrial focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

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 Emilshus