What Backahill does

Backahill AB is a privately held, family-owned Swedish real estate and destination-development group headquartered in Ängelholm, Sweden, founded in 1998 by Erik Paulsson. The company operates through three stated business areas — Fastighetsutveckling (Property Development), Destinationsutveckling (Destination Development), and Backahill Invest (long-term investments in listed and unlisted holdings) — and is best understood as a vertically integrated regional operator concentrated in Skåne, particularly Ängelholm and Båstad/Bjärehalvön. The group owns and manages an extensive portfolio of residential, commercial, senior, hospitality, sports, and marina properties, and is supported by wholly-owned subsidiaries including Backahill Fastigheter AB, Backahill Projektutveckling AB, GRAM Group (hotels and restaurants), Båstadtennis & Hotell AB, Sport & Evenemang AB, Norrviken Utveckling AB, and Foodhills AB.

Name

Backahill

Legal name

Backahill AB

Website

https://backahill.se

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Backahill is a family-owned Swedish real estate and destination-development company founded in 1998 in Ängelholm, owning and developing residential, commercial, hospitality, and senior-housing properties in Skåne and Båstad/Bjärehalvön, with subsidiaries spanning hotels, restaurants, sports arenas, and listed property investments.

Ownership category

akta.pro rank

Product category

Real Estate Development and Property Management

NAICS

Nonresidential Property Managers (531312), Residential Property Managers (531311), Lessors of Nonresidential Buildings (except Miniwarehouses) (531120)

SIC

Operators Of Apartment Buildings (6513), Real Estate Operators (No Developers) & Lessors (6510), Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Hospitality (Hotel) Property Management (BPAJAGAG)

akta.pro secondary industries

Independent Living Real Estate Owners/Operators (REITs & Management Companies) (HLADAAAG), Mixed-use / residential-hotel serviced apartments (condo-hotel style) (THAMACAJ), Ultra-Luxury Villas & Estates (THAMAEAA)

Keywords

• Property development services
• Real estate investment
• Destination development
• Commercial property leasing
• Residential property management

Headquarters

HQ city

Ängelholm

HQ country

Sweden

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Property Rental Income: Backahill generates recurring revenue through rental income from residential and commercial properties in Ängelholm and Båstad. Properties include apartments, senior housing, commercial spaces, and hospitality venues.
2. Property Sales: Revenue from sale of developed properties including bostadsrätter (condominiums) such as Sollyckan in Båstad. Properties are developed and sold to end buyers through real estate brokers.
3. Green Lease Agreements: Backahill offers 'Green lease agreements' (Gröna hyresavtal) to commercial tenants, combining rental income with sustainability collaboration.
4. Investment Returns: Backahill generates returns through its investment portfolio including major stakes in listed companies Brinova (largest shareholder) and Wihlborgs (largest shareholder), and co-investments like Safjället Fastigheter.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Backahill owns, develops and manages residential and commercial real estate in Ängelholm and Båstad/Bjärehalvön, sells developed condominiums (bostadsrätter), and operates destination and hospitality businesses including hotels, restaurants, sports venues and cultural attractions. The company also holds long-term financial investments in listed Swedish property companies (notably Brinova and Wihlborgs) and unlisted co-investments.

Product overview

Backahill is a family-owned Swedish real estate and destination development company founded in 1998, operating through three core business areas: Fastighetsutveckling (property development), Destinationsutveckling (destination development), and Backahill Invest (investment holdings). The company operates primarily in Ängelholm and Båstad/Bjärehalvön while also holding stakes in listed companies like Brinova, Wihlborgs, and Catena. Key sub-brands and projects include Sollyckan (senior housing in Båstad), ÄHLM Market (commercial center in Ängelholm), GRAM Group (hospitality/hotels and restaurants), Båstadtennis & Hotell AB (sports properties), Norrviken & Ravinen (garden/cultural destination), Kronodalen (urban district development), Arenastaden (sports arena development), and Sport & Evenemang AB (event management). The portfolio spans residential, commercial, hospitality, and sports/recreation properties.

Differentiator

Problem solved

Functional benefit

Brands

• ÄHLM Market: A market and meeting place with food, beverage, shopping and experiences in Ängelholm, opened spring 2023.
• GRAM Group
• Båstadtennis & Hotell AB
• Sport & Evenemang AB
• Kronodalen
• Sollyckan

Products and services

• Fastighetsutveckling (Property Development) Core business area focusing on residential and commercial property development, acquisition, and management in Ängelholm and Båstad. Includes apartments, senior housing, commercial spaces, and bostadsrätter (condominiums) sold or rented to individuals and businesses.
• Destinationsutveckling (Destination Development) Core business area focused on conscious long-term destination development through hotels, restaurants, sports venues, cultural attractions and events in Bjärehalvön and Ängelholm. Operated through subsidiaries including GRAM Group, Båstadtennis & Hotell AB, and Sport & Evenemang AB.
• Backahill Invest Core business area making long-term financial investments and acting as active owner in both listed and unlisted holdings. Backahill is the largest shareholder in Brinova Fastigheter and Wihlborgs Fastigheter, holds a stake in Catena, and co-owns Safjäället Fastigheter.
• Sollyckan Båstad (Senior housing condominiums) Senior housing project in Båstad offering 29 condominiums for active seniors aged 50+, featuring a unique 500 sqm glazed courtyard. Low loan-to-value (~3,000 SEK/sqm) with monthly fees of 2,518-4,360 SEK. Sold through Fastighetsbyrån Båstad.
• Kronodalen (Urban district development) New sustainable urban district being developed on the former hospital area in Ängelholm by Backahill, Peab and Ängelholmshem. Includes campus facilities, residential housing, senior housing, student housing, and commercial spaces organized around a central walkway.
• ÄHLM Market (Commercial center) Mixed-use market center in Ängelholm featuring foodcourt, restaurants, retail stores, package delivery services with fitting rooms, and an event space with stage, boules lanes, games, and a yoga/conference studio. Operated by Ängelholm Market AB (Backahill subsidiary).
• GRAM Group (Hotels and restaurants) Hospitality group operating three unique hotels (Hotel Skansen, Hotel Riviera Strand, Torekov Hotell) and multiple restaurants on Bjärehalvön, targeted at leisure guests, corporate conferences, and events.
• Båstadtennis & Hotell AB (Sports and hospitality properties) Company owning and managing properties around the tennis stadium area in Båstad, including Hotel Skansen as a modern conference facility and the marina (Båstad Hamn). Combines sports venue operations with conference and hospitality offerings.
• Båstad Hamn (Marina) Marina in Båstad adjacent to the Hotel Skansen facility, managed by Båstadtennis & Hotell AB to create destination synergies and attract visitors to the tennis stadium area.
• Sport & Evenemang AB (Event management) Event management company within Backahill's destination development division, generating revenue, strengthening destination brands, and creating year-round experiences in Ängelholm and Båstad/Bjäre through sports events and community activities.
• Norrviken & Ravinen (Garden and cultural destination) Norrvikens Trädgårdar (gardens) and Kulturhuset Ravinen (cultural center) form a destination offering weddings, corporate and private events, and year-round visitor experiences including winter light experiences.
• Arenastaden (Sports arena district) Sports arena district in Ängelholm including the Catena Arena tennis stadium, with a recent expansion adding 3,350 sqm and increasing seating capacity to approximately 6,550.
• Graninge Strand (Residential development) Residential development in the Nacka/Värmdö area comprising 54 senior rental apartments, 35 condominiums across two housing associations, and a renovated main building with restaurant.

Quantifiable outcome

• Sollyckan: 29 bostadsrätter with very low loan-to-value (3,000 SEK/sqm vs. typical 11,000-15,000 SEK/sqm)
• +2 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered major, minor and core.

• The AuroramajorGTM or Marketing Partner · 1 February 2026Partnership with The Aurora (light experience event) extended through 2026. Backahill and subsidiaries participate as sustainability partner.
• Greentime ABminorGTM or Marketing Partner · 1 March 2025Backahill provides funding for Greentime's digital sustainability event tool for Företagardagarna event, aiming for formal sustainability certification.
• Melin FastighetercoreStrategic or Co-development Partner · 1 November 2024Joint venture to develop Solbruket (57 senior apartments) and Sockerkakan (22 apartments) on the Station Area in Ängelholm. Joint company formed for continued collaboration on the projects, targeting move-in 2029.
• Peab ABcoreStrategic or Co-development Partner · 1 November 2023Joint venture with Peab to develop Kronodalen - a new urban district on the former hospital area in Ängelholm. Backahill and Peab each own 50% of Kronodalen Utveckling AB. The project includes residential housing, campus facilities, and commercial spaces with focus on sustainability.
• ÄngelholmshemcoreStrategic or Co-development PartnerPartnership with municipal housing company Ängelholmshem along with Peab to develop the Kronodalen sustainable urban district.
• Ängelholms gymnasieskolaminorStrategic or Co-development PartnerSchool collaboration where students from Ängelholm upper secondary school participate in real assignments for Kronodalen development project, providing practical experience.

Scale indicators5 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• Brinova Fastigheter AB: Listed Swedish residential property company focused on the Öresund region with ~7,000 apartments (post K-Fast acquisition). Backahill is its largest shareholder, making Brinova both an investment and a directly comparable property operator with overlapping geographies and customer base.
• Wihlborgs Fastigheter AB: Leading listed commercial property company in the Öresund region (SEK 60B property value). Backahill is its largest shareholder; Wihlborgs is directly comparable in property type, geography, and tenant mix, and serves as both an investment and a benchmark for Backahill's commercial portfolio.
• Catena AB: Listed Swedish logistics and infrastructure real estate company. Backahill holds a stake, and Catena is comparable through its Nordic real estate operator model and shared ownership relationship.

Broad incumbents

• Wallenstam AB: Large Swedish property company developing and managing residential and commercial properties in Gothenburg, Stockholm, and Skåne. Comparable to Backahill as a long-term family-influenced operator with development, rental, and investment activities.
• Castellum AB: Sweden's largest listed commercial real estate company. Overlaps with Backahill through its southern Sweden portfolio (now partially being acquired by Wihlborgs), providing a broad-incumbent benchmark for Nordic commercial property operations.
• Heimstaden AB: Major European residential real estate owner and operator with significant Swedish exposure. Comparable in residential rental model, sustainability focus, and development pipeline to Backahill's residential and senior housing activities.
• Stena Fastigheter AB: Private Swedish property company owning and developing residential and commercial real estate, with a long-term family-owned structure. Comparable in private-ownership governance model and Swedish property development focus.

Emerging players

• K2A Knaust & Andersson Fastigheter AB: Swedish residential and student housing developer/operator. Comparable to Backahill's planned student housing at Kronodalen and to its senior housing (Sollyckan) through the demographic-aligned, niche residential thesis.
• Sveafastigheter AB: Swedish residential real estate company developing and managing rental apartments. Comparable in residential development and Swedish market focus; useful as a peer for Kronodalen and Graninge Strand project economics.

Regional players

• Riksbyggen: Swedish cooperative housing association developing and managing residential real estate. Comparable through its Swedish residential property focus and cooperative ownership model (bostadsrätter such as Backahill's Sollyckan project).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@backahill_98
• Facebookfacebook.com/Backahill
• LinkedInlinkedin.com/company/backahill-ab
• Instagraminstagram.com/backahillab

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries16 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 Backahill