Skandia Fastigheter

What Skandia Fastigheter does

Skandia Fastigheter AB is a Swedish real estate company that owns, manages, and develops a portfolio of 132 properties totaling approximately 1.2 million square meters, primarily in Sweden's three major metropolitan regions — Stockholm, Gothenburg, and the Öresund region (Malmö), with additional presence in Uppsala and Skövde. The company operates across four distinct segments: commercial offices, residential rental apartments, retail shopping centres (including Väla, Frölunda Torg, Tyresö Centrum, Nova, Danderyds Centrum, Backaplan, and others), and community properties such as preschools, schools, elderly care homes, and healthcare facilities (22 properties spanning Norrtälje to Malmö). Approximately 90% of the portfolio is environmentally certified, predominantly under BREEAM-SE.

The company is a wholly-owned subsidiary of the Skandia Group, a Swedish mutual insurance entity with 1.5 million owners, which provides long-term patient capital and a multi-decade investment horizon not available to listed or private-equity-backed competitors. Revenue is generated primarily through recurring monthly rental income from commercial, residential, and community-property tenants, with pricing negotiated individually rather than publicly disclosed. Notable proprietary tools include Placemaker (a place-development framework for district optimization), Hälsohoppet (a student-survey-driven health initiative for school properties), and a Lokalanpassningsindex with Climate Calculator developed in partnership with PlanT, enabling office adaptations at under 30 kg CO2/sqm. Skandia Fastigheter uses direct field leasing via internal letting agents (uthyrare) and property managers (förvaltare), supported by a self-serve website property search tool, with no broker intermediaries.

The business is currently executing several large-scale urban development projects, most prominently Backaplan in Gothenburg (a joint co-development with Balder and Göteborgs Stad targeting ~7,000 new apartments and 15,000+ residents — Gothenburg's largest urban development initiative), the recently completed Danderyds Centrum (a 10-year redevelopment of the former Mörby Centrum), and the Fabriksparken mixed-use district in Sundbyberg. Recent enterprise tenant wins include HellermannTyton (Nordic HQ, ~500 sqm, 2027) and Customer First (464 sqm, July 2026), while the September 2026 acquisition of Nacka Tollare 1:383 added 6,000 sqm of elderly care and preschool space. The company has roughly 180 employees, is headquartered in Stockholm, and reports through a standard management structure covering HR, marketing, property investment, leasing, and technical property management.

Name

Skandia Fastigheter

Legal name

Skandia Fastigheter AB

Website

https://skandiafastigheter.se

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

Skandia Fastigheter is a Swedish real estate company, wholly-owned by the Skandia Group, that owns and manages 132 properties (1.2M sqm) across offices, residential, retail, and community segments in Stockholm, Gothenburg, and the Öresund region, with major urban development projects like Backaplan and Danderyds Centrum.

Ownership category

akta.pro rank

Product category

Commercial Real Estate

NAICS

Real Estate Property Managers (53131)

SIC

Real Estate (6500), Real Estate Agents & Managers (For Others) (6531), Operative Builders (1531)

akta.pro primary industry

Multifamily (Apartment) Property Management (BPAJAGAD)

Keywords

• Commercial property leasing
• Residential property rental
• Urban development
• Property management
• Shopping center operations

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Commercial Property Rental: Primary revenue stream from renting office, retail, and community (samhällsfastigheter) premises to businesses and organisations. Rental income is the dominant revenue source across a portfolio of 132 properties totaling approximately 1.2 million square metres, mainly in the three major Swedish metropolitan regions.
2. Residential Property Rental: Revenue from renting residential apartments to individuals. The company manages a residential property portfolio including properties in Gothenburg, Stockholm, and other locations.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Skandia Fastigheter owns, manages, and develops 132 properties totaling approximately 1.2 million square metres across Sweden's three major metropolitan regions (Stockholm, Gothenburg, and the Öresund region). The portfolio spans four segments: commercial offices, residential apartments, retail and shopping centres, and community properties (preschools, schools, elderly care, and healthcare facilities). Revenue is generated primarily through rental agreements with commercial tenants, residential renters, retailers, and public-sector organisations.

Differentiator

Problem solved

Functional benefit

Brands

• Fabriksparken: Mixed-use urban district in Sundbyberg developed from former cable factory, combining housing, offices, retail, and education.
• Hälsohoppet
• Långsiktiga kontor

Products and services

• Commercial Office Leasing Rental of office premises to businesses and organisations in Sweden's major metropolitan regions. Available office spaces range from approximately 200 sqm to over 24,000 sqm across Stockholm, Gothenburg, and Uppsala, with options including coworking spaces and fully fitted offices. Tenants range from large enterprise occupiers (e.g., HellermannTyton, Customer First) to smaller businesses.
• Residential Property Rental Rental of residential apartments to individuals and families across Gothenburg, Stockholm, and other locations. The residential portfolio includes 450 apartments at Fabriksparken in Sundbyberg, 423 rental apartments at Alpha Backaplan in Gothenburg, and other residential buildings. Services include digital rent payment, maintenance requests, and a resident app (Boendeappen).
• Retail and Shopping Centre Operations Operation and rental of retail premises across a portfolio of shopping centres including Väla, Frölunda Torg, Tyresö Centrum, Nova, Danderyds Centrum (formerly Mörby Centrum), Backaplan, S:t Per Gallerian, Commerce, Amhult, and Läreda. Centers host retailers, restaurants, services, and entertainment businesses. Väla shopping centre attracts approximately 12 million visitors per year; Nova was named Sweden's best shopping centre 2026.
• Community Properties Leasing Leasing of community properties including preschools, schools, elderly care homes, and healthcare facilities to public and private sector organisations. The portfolio comprises 22 community properties spanning from Norrtälje in the north to Malmö in the south. Recent example: Nacka Tollare property acquired September 2026 with a 72-apartment elderly care home and preschool.
• Urban Development Projects Large-scale mixed-use urban development projects that transform areas into integrated districts with residential, office, retail, and community facilities. Key projects include Backaplan in Gothenburg (approximately 7,000 planned apartments, Gothenburg's largest urban development), Fabriksparken in Sundbyberg (housing, offices, retail, education), and the transformation of Mörby Centrum into Danderyds Centrum.

Quantifiable outcome

• 90% of properties carry environmental certification
• +6 more outcomes

Named customers13 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Real CompetenceminorChannel Partner/ Reseller/ Distributor · 1 January 2026External recruitment consultancy engaged by Skandia Fastigheter for executive and specialist hiring, including the position of Förvaltare Kontor Stockholm.
• Select Executive SearchminorChannel Partner/ Reseller/ Distributor · 1 January 2026External executive search consultancy engaged for the recruitment of a Technical Property Manager (Teknisk Förvaltare) for western Sweden shopping centres.
• Stora SköndalcoreOthers · 1 January 2025Stiftelsen Stora Sköndal is the operator of an elderly care home (72 apartments) and a preschool at the Nacka Tollare property acquired by Skandia Fastigheter in September 2026. The foundation is the tenant in the property.
• BaldercoreStrategic or Co-development Partner · 1 January 2024Balder is a property company and co-owner of the Backaplan urban development project in Gothenburg. Together with Skandia Fastigheter, Balder is developing the area as one of Gothenburg's largest urban development initiatives, with approximately 7,000 planned new apartments and mixed-use buildings. The two companies are the property owners within Detaljplan 2.
• Göteborgs StadcoreStrategic or Co-development Partner · 1 January 2024Göteborgs Stad is the municipal partner in the Backaplan and Frölunda Torg urban development projects. The city collaborates with Skandia Fastigheter and other property owners on planning, infrastructure, and public space development.
• Gatun ArkitektercoreImplementation/ SI/ Consulting Partner · 1 January 2024Gatun Arkitekter was the architectural firm responsible for the design of the Danderyds Centrum (formerly Mörby Centrum) redevelopment, creating a vision that balances historical reference with contemporary needs, with each section having its own expression while functioning as a historical record of the centre's evolution.

Scale indicators11 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Wallenstam: Wallenstam is a Swedish property company developing and managing residential and commercial properties, primarily in Stockholm and Gothenburg. Comparable to Skandia Fastigheter in focus on urban mixed-use development in Sweden's two largest metros, with both residential and commercial segments.
• Balder: Balder is a large Swedish listed real estate company and a direct peer — most notably as Skandia Fastigheter's co-development partner at the Backaplan urban development project in Gothenburg, where the two firms jointly own Detaljplan 2. Both firms own and develop office, residential, retail, and mixed-use properties across Sweden's major metros.
• Atrium Ljungberg: Atrium Ljungberg is a Swedish property company focused on developing and managing urban mixed-use properties — combining offices, retail, residential, and community properties — primarily in the Stockholm region. Closely comparable to Skandia Fastigheter's integrated placemaking approach and mixed-use portfolio strategy.
• Heimstaden: Heimstaden is a major European residential real estate company with significant Swedish exposure, owning and managing large residential portfolios in Stockholm, Gothenburg, and other Swedish cities. Comparable to Skandia Fastigheter's residential segment (Alpha Backaplan, Fabriksparken apartments).
• Fabege: Fabege is a Stockholm-focused office and mixed-use property company, owning and developing commercial properties primarily in central Stockholm (including Arenastaden, where Skandia Fastigheter's Ballongflygaren asset is located). Direct competitor in prime Stockholm office leasing.

Emerging players

• Sveafastigheter: Sveafastigheter is a Swedish residential property company with public-sector and community housing exposure, developing and managing residential properties across Swedish growth markets. Comparable in residential and community-property focus.

Broad incumbents

• Castellum: Castellum is one of Sweden's largest listed real estate companies, with a diversified portfolio of office, logistics, retail, and mixed-use properties across Sweden and Denmark. Comparable to Skandia Fastigheter in portfolio breadth across multiple property types and Swedish metropolitan exposure.
• Vasakronan: Vasakronan is Sweden's largest commercial property company, primarily focused on office, retail, and mixed-use properties in Stockholm, Gothenburg, Malmö, and Uppsala — the same geographies where Skandia Fastigheter operates. It is a much larger broad-incumbent competitor with public-equity capital.
• Hufvudstaden: Hufvudstaden is a premium Swedish property company owning and managing high-end office and retail properties in Stockholm and Gothenburg — directly competing with Skandia Fastigheter for prime commercial tenants in central locations.

Regional players

• Wihlborgs: Wihlborgs is a Swedish commercial property company focused on office and mixed-use properties in the Öresund region (Malmö/Lund/Copenhagen) — overlapping with Skandia Fastigheter's southern Sweden footprint and comparable in office-leasing focus.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/skandfast
• Facebookfacebook.com/skandiafastigheter

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Skandia Fastigheter