AKA

What AKA does

AKA AS is a privately held Norwegian commercial real estate company headquartered in Hønefoss that owns and operates a portfolio of 297 first-class retail properties totaling 593,000 m² across Norway and Denmark. The company's portfolio is anchored by leading grocery and daily goods retailers, with REMA 1000 as its primary anchor tenant across most properties and Vitusapotek newly onboarded as a complementary pharmacy co-tenant. AKA's stated differentiation rests on 70 years of accumulated experience from the grocery sector, which informs its tenant relationships, property selection, and operational service level.

The company operates as a direct B2B landlord, leasing retail space to enterprise tenants through negotiated long-term commercial agreements. Revenue is generated entirely through rental income, disclosed at 1,049 MNOK annually, with 99% portfolio occupancy supporting highly predictable cash flow. Distribution is direct-to-tenant via the company's property listings website and contact channels, with brand presence supplemented by LinkedIn and Facebook. The corporate structure comprises a parent entity (AKA AS, Norwegian org. no. 919 513 195) and at least six wholly-owned Norwegian property-holding subsidiaries such as Elverum Øst Butikkeiendom AS, AKA Butikkeiendom AS Havnegata, and Eurobygg Bjugn AS.

Strategic activity in 2026 includes the divestiture of two Narvik properties, the addition of Vitusapotek as a new tenant alongside REMA 1000, the deployment of 3 GWh of distributed solar power at Hvervenmoen Næringspark, and continued expansion of the cross-Nordic portfolio. The leadership team is led by CEO Jane K. Gravbråten (Administrerende direktør), with Thomas A. Simonsen as Finansdirektør and Rolf Hammerengen as Eiendomsdirektør. No AI/ML capability, external funding, or public listing is disclosed.

Name

AKA

Legal name

AKA AS

Website

https://AKA.NO

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

11–50 employees

Short description

AKA is a real estate company that offers property development and property management services.

Ownership category

akta.pro rank

Product category

Commercial Real Estate

NAICS

Real Estate and Rental and Leasing (53), Rental and Leasing Services (532)

SIC

Real Estate Dealers (For Their Own Account) (6532), Real Estate (6500)

akta.pro primary industry

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

akta.pro secondary industry

Property Management Advisory & Leasing Administration (FSAEAJAN)

Keywords

• Commercial real estate
• Retail property leasing
• Property management
• Grocery retail properties
• Commercial property investment

Headquarters

HQ city

Hønefoss

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Marketing or Sales, Operations, Personnel, Infrastructure

Revenue model

1. Commercial Property Rental: AKA generates revenue through leasing its owned commercial retail properties. Annual rental income is reported at 1,049 MNOK (million Norwegian kroner). The company operates as a property owner and manager, renting out retail spaces primarily to daily goods/grocery operators and other retail businesses.

Distribution channels1 record

Marketing channels3 records

Core offering

AKA AS owns, leases, and manages a portfolio of 297 commercial retail properties totaling 593,000 m² across Norway and Denmark, generating 1,049 MNOK in annual rental income at a 99% occupancy rate. The portfolio is anchored by grocery retailers (notably REMA 1000) and increasingly diversified with complementary tenants such as Vitusapotek pharmacies. AKA delivers direct property ownership, leasing, and on-site property management services for retail and trade businesses, drawing on 70 years of grocery-sector experience.

Product overview

AKA operates as a commercial real estate company offering a unified property portfolio management and operation service. The core offering consists of the AKA Eiendomsportefølje (property portfolio) containing 297 first-class commercial properties across Norway and Denmark, with primary focus on grocery retail tenants such as REMA 1000 and Vitusapotek. The company provides property operation and management services for its owned properties, delivering consistent tenant experiences through 70 years of grocery industry expertise.

Differentiator

Problem solved

Functional benefit

Products and services

• AKA Eiendomsportefølje (Commercial Retail Property Portfolio) A portfolio of 297 first-class commercial retail properties totaling 593,000 m² across Norway and Denmark, leased primarily to grocery and daily-goods retailers such as REMA 1000 and Vitusapotek. Sold to enterprise retail tenants via long-term lease agreements; produced 1,049 MNOK in annual rental income at a 99% occupancy rate.
• Commercial Property Management and Operations Services On-site property management, maintenance, and operational services for AKA's owned retail properties, delivered to enterprise tenants across Norway and Denmark. The service is underpinned by 70 years of grocery-sector experience and a stated vision of leading the operation and management of first-class retail properties with a primary focus on daily goods.

Quantifiable outcome

• 99% occupancy rate across portfolio
• +3 more outcomes

Named customers2 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

Three partnerships are on record, tiered core and minor.

• REMA 1000coreChannel Partner/ Reseller/ DistributorREMA 1000 is a major anchor tenant across AKA's property portfolio. AKA provides premium retail premises to REMA 1000 stores throughout Norway. The relationship is described as a core long-term partnership, with AKA serving as landlord and host for REMA 1000's grocery operations.
• VitusapotekminorChannel Partner/ Reseller/ DistributorVitusapotek (a Norwegian pharmacy chain) has been announced as a new tenant co-locating alongside REMA 1000 in one of AKA's properties. This reflects AKA's strategy of diversifying tenant mix by attracting complementary retail tenants alongside anchor grocery tenants.
• Foreningen Bedre Nettsider (FBN)minorOthersAKA is a proud member of Foreningen Bedre Nettsider (FBN), a Norwegian association focused on improving digital standards. This membership signals AKA's commitment to digital quality and web accessibility standards.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Olav Thon Gruppen: Norwegian family-owned real estate group with a substantial retail property portfolio including grocery-anchored shopping centers. Directly comparable to AKA in scale, geography, family ownership structure, and grocery retail focus across the Nordics.
• Malling & Co: Norwegian commercial real estate advisory and management firm with a mature retail property portfolio. Operates in the same Norwegian market with comparable retail property management focus and tenant relationship dynamics.
• Norwegian Property ASA: Norwegian commercial real estate company with a portfolio of office and retail properties in prime Oslo locations. Comparable in terms of Norwegian institutional real estate ownership and Nordic geography, though with broader asset-class exposure.
• Smedvig: Norwegian private real estate company with a diversified portfolio including retail and commercial properties. Similar private ownership profile and Norwegian market focus, with comparable scale in regional retail real estate.

Broad incumbents

• Entra ASA: Norwegian commercial real estate company primarily focused on office properties in the Oslo region. Operates in the same Norwegian institutional real estate market but with a different asset-class focus (office rather than retail).

Regional players

• Castellum: One of Sweden's largest listed commercial real estate companies with mixed office, logistics, and retail properties. Comparable regional Nordic presence and institutional real estate operations, though Swedish-focused rather than Norwegian.
• Kungsleden: Swedish commercial real estate company focused on office, retail, and logistics properties across Sweden. Similar Nordic regional footprint and commercial real estate operating model, though Swedish-domiciled.
• Wihlborgs: Swedish commercial real estate company focused on properties in the Öresund region. Operates in adjacent Nordic markets with similar commercial property operations, although primarily in Sweden rather than Norway.
• Citycon: Finnish-listed Nordic shopping center specialist with a portfolio of grocery-anchored retail centers. Directly comparable in grocery-anchored retail focus, though geographically focused on Finland and the Baltics rather than Norway.
• Fabege: Swedish commercial real estate company focused on office properties in the Stockholm region. Comparable in Nordic commercial real estate scale and institutional operations, though primarily office-focused.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Eiendomsforvaltning
• LinkedInlinkedin.com/company/aka-as

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries6 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 AKA