Balder
Balder is a Swedish publicly listed real estate company that owns and operates a portfolio of 20+ residential rental properties across the Greater Copenhagen area, serving individual tenants, couples, and families with monthly subscriptions of DKK 10,200–28,200.
- Company typePublic
- Founded2005
- HeadquartersCopenhagen, Denmark
- Headcount501–1,000
- GTM typeB2C
- OfferingServices
What Balder does
Balder is a Swedish publicly listed real estate company (Stockholm Stock Exchange ticker: BALDER, founded 2005) that owns, develops, and operates residential and commercial real estate across the Nordics. Its Danish operating subsidiary, Balder Danmark A/S (CVR 34058016), headquartered at Vesterbrogade 1E in Copenhagen, manages a portfolio of 20+ named residential properties — including Østerfælled Torv, Øresund Park, TriumphByen, TriumphHusene, Torveporten, Stævnen, Skibbroen, Strandby Høje/Huse, Rubinhaven, Fyrkanten, Agerhusene, Carlsbakken, Elsehus, Lavetten, Lerholmen, Lynghaven, Ofeliahaven, GreenHills, Hesteskoen, and Bastionen — concentrated in the Greater Copenhagen area (Østerbro, Amager, Ørestad, Valby, Havneholmen, Hillerød, Helsingør/Espergærde, Hundige/Greve, Høje Taastrup, Solrød Strand). Units range from studios to 5–6 bedroom townhouses (31–179 m²) and command monthly rents of DKK 10,200–28,200.
The company's business model is straightforward B2C residential rental: tenants discover properties, submit applications, and arrange viewings through the balder.dk website and direct phone/email contact (5555 0707; [email protected], [email protected]). Revenue is generated through recurring monthly rental subscriptions, augmented by ancillary fees (a conto utilities). Balder differentiates on in-house service personnel, pet-friendly policies, community events, and amenities such as private balconies, communal rooftop terraces, fitness facilities, and proximity to metro stations. Technology is minimal — a website listing platform with no API, no app, and no disclosed AI/data capabilities — reflecting a traditional real estate operating model.
Financially, Balder reported Q1 2026 rental income of SEK 3,460 million (+1.3% YoY) and profit from property management of SEK 1,348 million (–12.7% YoY, depressed by the proposed Norion Bank distribution). In Q1 2026 the company acquired 28 properties for SEK 4,983 million and issued a EUR 500 million bond in March 2026 to support its expansion and refinancing pipeline. The company also proposes distributing its 47.7% stake in Norion Bank (90,501,180 shares) to shareholders, sharpening its identity as a pure-play Nordic residential landlord.
Balder firmographics
Firmographics- Name
- Balder
- Legal name
- Balder
- Website
- https://balder.dk
- Company type
- Public
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Balder is a Swedish publicly listed real estate company that owns and operates a portfolio of 20+ residential rental properties across the Greater Copenhagen area, serving individual tenants, couples, and families with monthly subscriptions of DKK 10,200–28,200.
- Ownership category
- akta.pro rank
Where Balder is headquartered
LocationHeadquarters
- HQ city
- Copenhagen
- HQ country
- Denmark
- HQ region
- Europe
Offices1 record
Markets served
Balder business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Marketing or Sales, Others
Revenue model
- Residential Rental Income: Balder generates revenue through recurring monthly rental payments from tenants occupying their residential properties across Denmark. The company owns and manages multiple apartment complexes in the Copenhagen area and other Danish cities, collecting rent on a monthly basis.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Studio/1-bedroom apartments ranging from 31-67 sqm |
| Subscription | Monthly | 2-3 bedroom apartments ranging from 55-98 sqm |
| Subscription | Monthly | 4-5 bedroom apartments and townhouses ranging from 97-179 sqm |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Balder product offering
Product offeringCore offering
Balder owns, develops, and operates residential rental apartments (lejeboliger) and commercial rental properties (erhvervslejemål) in attractive neighborhoods across Denmark, primarily in the Copenhagen metropolitan area. The company rents apartments, row houses, and commercial spaces directly to tenants through its own website platform, with in-house service personnel managing properties and tenant relationships. The portfolio spans studios to 5+ bedroom units and includes named property developments across multiple Danish municipalities.
Product overview
Balder is a Danish residential rental company (lejeboliger) offering apartments and row houses across Denmark, primarily in the Copenhagen metropolitan area. The company operates multiple property brands including Østerfælled Torv, Øresund Park, TriumphByen, TriumphHusene, Torveporten, Stævnen, Skibbroen, Strandby Høje, Strandby Huse, Rubinhaven, Fyrkanten, Agerhusene, Carlsbakken, Elsehus, Lavetten, Lerholmen, Lynghaven, Ofeliahaven, GreenHills, Hesteskoen, and Bastionen. Properties range from 1-6 bedroom apartments and row houses (39-179 m²) with amenities such as balconies, terraces, elevators, bike parking, and pet-friendly policies. The company provides rental services through its website including property search, application submission, and property management.
Differentiator
Problem solved
Functional benefit
Products and services
- Balder Lejeboliger (Residential Rental Properties) Residential rental apartments (lejeboliger) across Denmark, primarily in the Copenhagen metropolitan area including Østerbro, Amager, Ørestad, Valby, Hillerød, Espergærde, Hundige, and Høje Taastrup. Properties range from 1-6 bedroom apartments and row houses with various amenities such as private balconies, terraces, elevators, bicycle parking, communal rooftop gardens, and pet-friendly policies. Rental prices range from approximately 10,200 kr to 28,200 kr per month. Tenants can browse listings, submit rental applications, and schedule viewings online at balder.dk.
- Erhvervslejemål (Commercial Rental Properties) Commercial rental properties (erhvervslejemål) offered by Balder to businesses and organizations seeking commercial space within Balder-owned buildings in Denmark. Accessible via the erhverv section of balder.dk.
Quantifiable outcome
- Properties located within 200-250 meters of metro stations
Companies that use Balder
Customer profileNamed customers3 records
Segments1 record
Ideal customer profiles2 records
Balder technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Balder partnerships and signals
Strategic signalScale indicators1 record
Recent moves6 records
Expansion highlights4 records
Balder competitors and assessment
Company assessmentBroad incumbents
- Castellum: Major Swedish commercial real estate company with growing residential exposure. Comparable as a publicly listed Nordic real estate company with mixed-use portfolios and capital markets access.
- Vonovia: Europe's largest residential real estate company, primarily Germany-focused but with growing Nordic exposure. Comparable as a large-scale institutional residential landlord, though with a different core market.
Direct peers
- Willhem: Swedish residential rental operator focused on urban apartment portfolios. Direct peer in tenant demographic, building type, and ownership/operation model.
- Heimstaden Bostad: Publicly listed Swedish residential property company with pan-European exposure. Closely comparable in business model, asset class, and target geography (Copenhagen included).
- Trianon: Swedish residential property company focused on Malmö and other regional cities. Comparable in apartment rental segment, regional urban focus, and public-market listing.
- Wallenstam: Swedish real estate company developing and managing residential and commercial properties in Stockholm and Gothenburg. Directly comparable in property development plus long-term ownership model.
- SATO Oyj: Finland's largest private residential rental operator, with growing Nordic exposure. Comparable in tenant segment, urban asset base, and institutional ownership model — and notable because Balder's board member recently acquired shares in SATO.
- Heimstaden: Major Nordic and European residential rental operator. Directly comparable as a large-scale, institutional owner-operator of premium residential assets across Denmark and Sweden, with a similar public-markets financing model.
- Akelius Residential Property: European residential rental landlord with exposure to Copenhagen, Stockholm, and other major Nordic cities. Comparable in tenant mix, asset class, and long-term hold strategy.
Emerging players
- K2A Knaust & Andersson: Swedish residential property developer and landlord focused on sustainable rental apartments. Comparable in residential rental segment, though smaller in scale than Balder's Danish portfolio.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Balder social profiles
Digital presenceBalder financial estimates
Financial estimateRevenue estimate
Valuation estimate
Balder leadership team
Management profileNumber of profiles
Profiles4 records
Balder subsidiaries and ownership
Company hierarchySubsidiaries2 records
Balder funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Balder 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 Balder
What does Balder do?
Balder owns, develops, and operates residential rental apartments (lejeboliger) and commercial rental properties (erhvervslejemål) in attractive neighborhoods across Denmark, primarily in the Copenhagen metropolitan area. The company rents apartments, row houses, and commercial spaces directly to tenants through its own website platform, with in-house service personnel managing properties and tenant relationships. The portfolio spans studios to 5+ bedroom units and includes named property developments across multiple Danish municipalities.
Is Balder a public or private company?
Balder is a public company. It is classified as public and is currently operating.
When was Balder founded?
Balder was founded in 2005. It employs 501 to 1,000 people.
Where is Balder based?
Balder is headquartered in Copenhagen, Denmark, in the Europe region.
How does Balder make money?
One revenue line is on record: residential Rental Income.
Who are Balder's main competitors?
Broad incumbents on record are Castellum and Vonovia. Direct peers are Willhem, Heimstaden Bostad, Trianon, Wallenstam, SATO Oyj, Heimstaden and Akelius Residential Property. K2A Knaust & Andersson is listed as an emerging player.
Does Balder have an API?
No public API is recorded for Balder.