What Home.Earth does

Home.Earth is a Copenhagen-based for-profit residential real estate company founded in 2021 that develops, owns, and operates modular, low-carbon rental housing in the Greater Copenhagen area. The company serves two distinct customer bases: urban renters in Copenhagen seeking affordable, sustainable housing with no deposits, flexible lease terms, and a profit-sharing rebate mechanism, and global institutional investors seeking ESG-aligned build-to-rent exposure through an evergreen, cost-only capital structure. Its portfolio includes four residential properties — Nærheden (158 homes, Hedehusene), C.F. Møllers Have (156 homes, Ørestad, acquired from Skanska for 520M DKK), Filmlageret (46 homes, Copenhagen S), and Høje Taastrup City (162 homes under construction) — plus three development projects (NEFA Fabrikken, Københavnsvej Køge, Smedeland Albertslund) and a 20% stake in the 279,000 sqm Kemisk Værk Køge joint venture with AG Gruppen. Gross asset value is stated at €192m across 100,000 sqm.

The core technology stack centers on off-site manufactured modular timber construction (86% timber content at Nærheden) produced by Scandi Byg in Jylland, paired with an integrated Energy Machines system combining heat pumps, geothermal storage through foundation piles, and solar panels. This produces independently verified record-low lifecycle emissions of 4.7 kg CO2e/m²/year at Nærheden, over 60% below Danish 2025 regulatory requirements, and energy consumption of 8 kWh/m²/year, 70% below the A2020 standard. The flagship Gensidig Gevinst (Mutual Gain) module distributes 30% of each property's operating surplus back to qualifying tenants as monthly rent rebates after 12 months of residency, creating both a retention mechanism and a differentiated value proposition versus conventional landlords.

Home.Earth's revenue model is hybrid. Operationally, the company generates monthly recurring rental income from leased apartments priced between 8,800 and 15,600 DKK depending on unit size, with C.F. Møllers Have already fully rented at acquisition and Nærheden leasing since May 2025. Capital-side, the company raises equity from institutional investors (Sampension, AKF, Eifo, Nordea-fonden) and the Danish state (200M DKK invested June 2023), with a fourth round in May 2026 exceeding 500M DKK in commitments. The Home.Earth Foundation receives 6% of annual return and holds 35% of voting rights, structurally locking in the sustainability mission. Distribution combines direct online leasing via home.earth and onfelix.com with broker partnerships (Danbolig København, EDC Projekt Poul Erik Bech). Certifications include DGNB Gold (C.F. Møllers Have), B Corporation, and Swan-labeled materials, supported by MIPIM 2026 Best Residential Project and Scandinavian Design Awards 2024 Sustainability Prize.

Name

Home.Earth

Legal name

Home.Earth

Website

https://home.earth

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Home.Earth is a Copenhagen-based real estate company founded in 2021 that develops and operates modular, low-carbon build-to-rent housing in Greater Copenhagen, serving urban renters with no-deposit leases and profit-sharing rebates while raising institutional capital for ESG-aligned residential development.

Ownership category

akta.pro rank

Product category

Sustainable Residential Real Estate

NAICS

New Multifamily Housing Construction (except For-Sale Builders) (236116)

SIC

Operators Of Apartment Buildings (6513), Prefabricated Wood Bldgs & Components (2452), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)

akta.pro secondary industries

Residential Modular & Prefabricated Home Construction (IMAFABAF), Residential Green / High-Performance Home Construction (Net-Zero, Passive House) (IMAFABAH)

Keywords

• Sustainable rental housing
• Build-to-rent development
• Modular timber construction
• Low-carbon residential real estate
• Affordable urban housing

Headquarters

HQ city

Copenhagen

HQ country

Denmark

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Rental Income: Home.Earth develops, owns, and operates modular, low-carbon rental housing in Copenhagen urban markets. Revenue is generated through monthly rent payments from tenants across properties including Nærheden (158 homes), C.F. Møllers Have (156 homes), Filmlageret (46 homes), and Høje Taastrup City (162 homes under construction).
2. Real Estate Development and Asset Management: Home.Earth operates as an evergreen, cost-only platform developing and operating modular rental housing. The company attracts institutional capital and generates returns through property value appreciation and operational cashflow. Properties include C.F. Møllers Have (12,964 sqm, 156 homes in operation), Nærheden (12,776 sqm, 158 homes in operation), Filmlageret (3,107 sqm, 46 homes in operation), HTC (11,442 sqm, 162 homes under construction), NEFA Fabrikken (11,930 sqm in development), Københavnsvej (44,000 sqm in development), and Smedeland (16,557 sqm in development).

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Home.Earth develops, owns, and operates modular, low-carbon rental housing in the Greater Copenhagen area. The company constructs sustainable residential buildings using off-site manufactured timber modules and integrated geothermal/solar energy systems, then leases the apartments directly to tenants under flexible, no-deposit terms. Operations span four properties (Nærheden, C.F. Møllers Have, Filmlageret, Høje Taastrup City) with additional developments in the pipeline.

Product overview

Home.Earth is a Danish residential real estate company operating as a modular, low-carbon build-to-rent platform. The core offering consists of four completed/in-progress properties: Høje Taastrup City (162 apartments), C.F. Møllers Have (156 apartments), Nærheden (158 apartments), and Filmlageret (46 apartments). These residential projects share common features including communal spaces, no/low deposit requirements, and sustainability certifications. The Gensidig Gevinst profit-sharing module differentiates the tenant model by distributing 30% of operational surplus back to residents as rent rebates. The Home.Earth Foundation operates as a separate sub-brand conducting research and hosting the One Planet Challenge architectural competition. The portfolio also includes three development projects: NEFA Fabrikken, Københavnsvej in Køge, and Smedeland in Albertslund.

Differentiator

Problem solved

Functional benefit

Products and services

• Høje Taastrup City 162 rental apartments in Høje Taastrup C (52-106 m², 1-5 bedrooms) featuring massive beech wood floors, ceramic countertops, private terraces or balconies, communal rooftop terrace, shared spaces, and three bookable hotel rooms. Designed for Denmark's lowest CO₂ footprint for multi-story building at under 4.0 kg CO₂/m²/year.
• C.F. Møllers Have 156 rental apartments (59-95 m², 2-4 rooms) in Ørestad, Copenhagen. DGNB Gold certified, built with recycled materials, solar panels, and heat recovery ventilation. Features communal garden with orangery, playground, activity zone, shared laundry, bicycle workshop, and parking garage.
• Nærheden 158 rental apartments (44-130 m², 1-5 rooms) in Hedehusene, built with 86% timber and Swan-labeled materials. Features the Energy Machines system combining heat pumps, geothermal storage through foundation piles, and solar panels, achieving record-low 4.7 kg CO₂e/m²/year. Includes resident hotel, communal rooms, wide covered walkways, and Biodiversity Net Gain landscape.
• Filmlageret Rental apartments on Amager in Copenhagen S across two buildings: one new construction designed by Spacon & X with diverse apartments and award-winning architecture, and a transformed industrial building with 37 studio apartments. Features communal rooftop terraces, coworking area, outdoor spaces, and pet-friendly policies.
• Gensidig Gevinst (Mutual Gain) Profit-sharing model where 30% of a property's operational surplus is distributed to tenants as a monthly rent rebate. Residents must live in the property for at least 12 months to qualify. In a normal operating year, the rebate typically equals approximately one month's rent, distributed over 12 months from July to June.

Quantifiable outcome

• 4.7 kg CO₂e/m²/year at Nærheden - lowest ever for Danish multi-story building, >60% below legal requirements
• +9 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

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

• AG GruppenmajorStrategic or Co-development Partner · 1 September 2025Home.Earth acquired 20% of AG Gruppen's 279,000 m² property at Kemisk Værk Køge. The joint venture aims to create an open, lively urban district in scenic surroundings directly on Køge Bay. Home.Earth and AG Gruppen are collaborating on the long-term development of this large factory area conversion.
• Energy MachinescoreTechnology or Integration · 1 May 2025Danish company providing the integrated energy system for Nærheden combining heat pumps, geothermal energy storage, and solar panels, enabling near-zero CO2 emissions from heating and cooling.
• Vandkunsten & EFFEKTcoreStrategic or Co-development Partner · 1 January 2025Architecture firms Vandkunsten and EFFEKT designed Nærheden in Hedehusene, which achieved record-low CO2 emissions and won the MIPIM 2026 Best Residential Project Award.
• SkanskaminorOthers · 1 December 2024Home.Earth acquired C.F. Møllers Have, a DGNB Gold-certified residential property, from Skanska for 520 million DKK (approximately EUR 70 million).
• C.F. Møller ArchitectscoreStrategic or Co-development Partner · 1 January 2024C.F. Møller Architects designed C.F. Møllers Have in Ørestad, a DGNB Gold-certified property acquired by Home.Earth from Skanska.
• Scandi BygcoreStrategic or Co-development Partner · 1 January 2023Scandi Byg is the modular construction partner manufacturing timber building modules for Home.Earth properties in Jylland. This partnership enables consistent quality, reduced waste, and efficient construction timelines.
• Danish Architecture AssociationcoreStrategic or Co-development Partner · 1 January 2022The Home.Earth Foundation collaborates with the Danish Architecture Association on the One Planet Challenge, inviting emerging architectural studios to explore sustainable housing solutions within planetary boundaries.
• Spacon & XcoreStrategic or Co-development Partner · 1 January 2021Architecture firm Spacon & X designed the new building at Filmlageret, which received the Copenhagen Municipality Building Award 2021. The firm created characteristic architecture with a diverse collection of apartments.

Scale indicators18 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Willhem: Willhem is one of Sweden's largest residential property companies, owned by AP1 pension fund, focused on rental apartments in Swedish growth markets. Comparable to Home.Earth on pension-fund ownership structure and residential BTR operating focus.
• Bonava: Bonava is a Nordic (Sweden, Germany, Baltic) residential developer listed on Nasdaq Stockholm with similar construction methods and geographic footprint, though it sells homes rather than retaining them as rentals.
• Heimstaden: Heimstaden is a Swedish-founded, pan-European residential build-to-rent operator with a large portfolio of apartments and an explicit ESG/sustainability positioning. It competes directly for institutional capital and tenants in the same Nordic and European rental housing markets.
• Akelius: Akelius is a European residential property owner-operator with a large multi-family portfolio across Sweden, Germany, France, and Canada. It is a direct peer for institutional apartment rental capital and operating model benchmarking.
• NREP: NREP is a Nordic real estate platform and the firm co-founded by Home.Earth's Rasmus Nørgaard. It is a direct peer for institutional Nordic build-to-rent capital and has broadly overlapping sustainability/ESG positioning across residential and other sectors.
• BoKlok: BoKlok is the IKEA (Inter IKEA) and Skanska joint venture developing affordable, sustainable, modular timber homes across the Nordics, UK, and Central Europe. It is the closest analog to Home.Earth's modular low-carbon build-to-rent model in the Nordics.

Broad incumbents

• Skanska: Skanska is one of the largest Nordic construction and project development firms. It sold the DGNB Gold-certified C.F. Møllers Have property to Home.Earth and competes broadly with Home.Earth for residential development opportunities and as the partner behind BoKlok.
• NCC: NCC is one of the largest Nordic construction and property development companies, with a residential development arm across Sweden, Norway, Finland, and Denmark. Broader portfolio than Home.Earth but competes for the same land, contractors, and tenants.
• Stena Fastigheter: Stena Fastigheter is a Swedish residential property owner-operator managing ~30,000 rental apartments across Sweden. Broader focus than Home.Earth but a long-standing comparable on Nordic residential rental operations and sustainability initiatives.

Regional players

• Veidekke: Veidekke is a major Norwegian construction and residential developer with a Nordic footprint. Primarily serves the Norwegian market but adjacent geographic peer for Nordic residential development and sustainability construction practices.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/homedotearth
• Instagraminstagram.com/homedotearth
• Facebookfacebook.com/GiliEarth

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 record

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 Home.Earth