Rapp Fastigheter
Rapp Fastigheter AB is a family-owned Swedish real estate company founded in 1961 that owns and manages approximately 123,000 m² of residential, commercial, and industrial property in Skövde. It is the largest property owner in Skövde's city center, serving individual tenants and local businesses through direct rental relationships under third-generation family leadership.
- Company typePrivate
- Founded1961
- HeadquartersSkövde, Sweden
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Rapp Fastigheter does
Rapp Fastigheter AB is a privately held Swedish real estate company founded in 1961 and headquartered at Rådhusgatan 1 in Skövde. The company owns, manages, and develops a portfolio of approximately 123,000 m² of leasable space concentrated in central Skövde, Billingesluttningen, and Vasastaden, with industrial holdings in outer areas including Ryd and Norra Ryds industriområde. It is the largest property owner in Skövde's city center and operates three wholly-owned subsidiaries: Rapp Bostads AB (residential), Rapp Industri AB (industrial), and C Rapp Fastigheter AB. The company has been under continuous Rapp family ownership for three generations, with Adam Rapp serving as the current CEO since 2016.
The company's core products are residential apartments (1–7 rooms), commercial office and retail space, a car showroom facility (Bilhall), industrial halls, and parking/garage spaces. Pricing is subscription-based with monthly rent paid in advance and quarterly rent statements; commercial offerings range from small office hotel rooms (2,600–5,450 SEK/month) to large 753 m² restaurant venues. Technical property management is conducted in-house by eight full-time property technicians with a modern machinery fleet, distinguishing the company from competitors that outsource maintenance. Notable infrastructure investments include a partnership with Tele2 to upgrade all properties to 10G fiber and the rollout of digital key card entry systems across the portfolio.
The go-to-market motion is direct-to-consumer: prospective tenants submit interest applications through the company website (apartments via the Bomatch system, commercial spaces via dedicated forms), after which in-person property viewings are arranged. The customer base spans individual residential tenants (primary), commercial business tenants in sectors such as automotive (Holmgrens Bil), industrial services (Jernbro), retail (Assbecks Fashion), and entertainment (Biostaden cinema), and a growing industrial tenant segment. Ancillary revenue includes sponsorship partnerships and approximately 50 annual sponsorship activities supporting local sports, culture, and community initiatives in the Skaraborg region.
Rapp Fastigheter firmographics
Firmographics- Name
- Rapp Fastigheter
- Legal name
- Rapp Fastigheter AB
- Website
- https://rappfastigheter.se
- Company type
- Private
- Founded year
- 1961
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Rapp Fastigheter AB is a family-owned Swedish real estate company founded in 1961 that owns and manages approximately 123,000 m² of residential, commercial, and industrial property in Skövde. It is the largest property owner in Skövde's city center, serving individual tenants and local businesses through direct rental relationships under third-generation family leadership.
- Ownership category
- akta.pro rank
Rapp Fastigheter industry classification
Industry- Product category
- Residential and Commercial Real Estate Rental
- NAICS
- Residential Property Managers (531311), Lessors of Nonresidential Buildings (except Miniwarehouses) (531120)
- SIC
- Real Estate Operators (No Developers) & Lessors (6510), Operators Of Apartment Buildings (6513)
- akta.pro primary industry
- Residential Maintenance & Turnover Services (Make-Ready, Inspections) (BPAJAFAM)
Keywords
Where Rapp Fastigheter is headquartered
LocationHeadquarters
- HQ city
- Skövde
- HQ country
- Sweden
- HQ region
- Europe
Offices1 record
Markets served
Rapp Fastigheter business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Marketing or Sales, Others
Revenue model
- Residential Property Rental: Rental income from apartments in central Skövde, Billingesluttningen, and Vasastaden areas. Rent paid monthly in advance with quarterly rent statements.
- Commercial Property Rental: Rental income from offices, retail spaces, restaurants, and commercial premises in Skövde city center
- Industrial Property Rental: Rental income from car halls and industrial properties in Skövde's outer areas (Ryd, Norra Ryds industriområde)
- Parking and Garage Rental: Rental income from garage and parking spaces associated with properties
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Residential apartments - rent based on size and location |
| Subscription | Monthly | Office hotel rooms at Kungsgatan 14 - Företagshuset |
| Subscription | Monthly | Commercial office at Rådhusgatan 15 |
| Subscription | Monthly | Restaurant/nightclub venue at S:t Sigfridsgatan 8 |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels7 records
Rapp Fastigheter product offering
Product offeringCore offering
Rapp Fastigheter rents out apartments, offices, retail and restaurant premises, car halls, industrial halls, and parking spaces across approximately 123,000 m² of leasable area in Skövde, Sweden. Technical property management is handled in-house with eight full-time property technicians and a modern machinery fleet. The company serves both private individuals (residential apartments in central Skövde, Billingesluttningen, and Vasastaden) and businesses (commercial premises in city center, industrial facilities in Ryd and Norra Ryds industriområde).
Product overview
Rapp Fastigheter is a property management company that operates as a unified portfolio of real estate services, not a modular software platform. The company offers residential apartments, commercial office and retail spaces, industrial facilities, and parking through approximately 25+ properties totaling around 123,000-125,000 m² in Skövde, Sweden. The portfolio includes apartments managed under Rapp Bostads AB, commercial properties under the parent company, and industrial holdings under Rapp Industri AB and C Rapp Fastigheter AB. Technical property management is handled in-house with eight full-time property technicians and modern equipment. They also operate Företagshuset, a co-working/office hotel concept.
Differentiator
Problem solved
Functional benefit
Products and services
- Bostäder/Lägenheter (Residential Apartments) Rental apartments in Skövde ranging from 1-7 rooms across multiple properties in central Skövde, Billingesluttningen, and Vasastaden areas. Targeted at individuals and families seeking long-term rental housing at various life stages.
- Kontor och affärslokaler (Offices and Commercial Premises) Office and commercial premises for businesses, including retail spaces, restaurants, and business centers in central Skövde. Targeted at commercial tenants seeking well-located premises.
- Företagshuset (Office Hotel at Kungsgatan 14) Office hotel at Kungsgatan 14 offering individual offices (12-25 m²) with shared amenities including conference rooms, kitchen, coffee machine, and printer. Monthly rent ranges from 2,600 SEK to 5,450 SEK depending on room size. Targeted at small businesses and entrepreneurs.
- Bilhall (Car Dealership Facility at Ryd) Car dealership facility at Ryd with Holmgrens Bil as tenant, featuring showroom, workshop, and tire hotel services. Targeted at automotive businesses.
- Industrihall (Industrial Hall Properties) Industrial hall properties in Skövde's outer areas, including Bussen 4 at Norra Ryds industriområde occupied by Jernbro Industrial Services. Targeted at industrial and manufacturing businesses.
- Bilplatser och garage (Parking Spaces and Garages) Parking spaces and garage facilities available for rent, primarily for existing residential and commercial tenants. Rental income from garage and parking spaces associated with properties.
Quantifiable outcome
- Awards from Aktiv Bo for good service and high standard in properties
- +1 more outcomes
Companies that use Rapp Fastigheter
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Rapp Fastigheter technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Rapp Fastigheter partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and minor.
- Skövde CitysamverkancoreActive participation in city center collaboration platform for continuous competence development, network strengthening, and contribution to Skövderegionen's political, social, and economic development.
- FastighetsägarnacoreMember of Fastighetsägarna (Property Owners Association) representing modern and responsible property management with good ethics and future vision.
- Skaraborg SessionsminorRegional collaboration platform for business networking and regional development in Skaraborg area.
- Näringslivsforum SkövdeminorBusiness forum for Skövde engaging in regional political, social and economic development initiatives.
- Företagarna SkövdeminorEntrepreneurs' organization providing networking and advocacy for business community.
- Skaraborg InvestminorInvestment and business development organization for Skaraborg region.
- Tele2coreTelecom provider for broadband, TV, and phone services. All properties connected to Tele2 with basic TV channel package included. Tele2 conducting 10G fiber upgrade across properties (2025).
- Skövde EnergicoreLocal energy company providing electricity and district heating services. Tenants directed to Skövde Energi for electricity subscriptions and SMS alert registration for power outages.
- Skövde AIK FotbollcoreGold partner to Skövde AIK Football senior team and sponsor of youth teams. Major sports sponsorship in the region.
- Skövde Handbollsflickor and IFK Skövde HandbollminorHandball clubs sponsored by Rapp Fastigheter as part of community sports engagement.
Scale indicators6 records
Recent moves2 records
Expansion highlights6 records
Rapp Fastigheter competitors and assessment
Company assessmentDirect peers
- K2A Knaust & Andersson Fastigheter: Swedish residential real estate company focused on developing and managing rental apartments. Comparable direct business model in Swedish residential rental, though K2A's portfolio is concentrated in Stockholm and university cities rather than regional Skövde.
Regional players
- Platzer Fastigheter: Gothenburg-based Swedish real estate company with a diversified commercial and residential portfolio concentrated in the Västra Götaland region — the same broader region where Rapp operates. Similar asset mix (offices, retail, residential) and regional ownership focus make it directly comparable.
- Diös Fastigheter: Swedish real estate company focused on growth cities in the Nordic region (e.g., Östersund, Sundsvall, Luleå) with a mixed residential and commercial portfolio. Highly comparable to Rapp's model of owning and operating properties in a single regional Swedish city, though Diös is publicly listed and considerably larger.
- Wihlborgs Fastigheter: Swedish commercial real estate company concentrated in the Öresund region with a portfolio of offices, retail, and industrial/logistics properties. Comparable in its regional concentration strategy and mixed commercial-industrial asset base, though considerably larger.
Emerging players
- Catena: Nordic logistics and industrial real estate company. Relevant as a comparator for Rapp's industrial expansion into car halls and industrial halls at Ryd, given the long-lease, tenant-credit-quality dynamics Catena operates in.
Broad incumbents
- Wallenstam: Large Swedish real estate company developing and managing residential and commercial properties, primarily in Stockholm and Gothenburg. Comparable mixed residential-commercial portfolio model, though operating in larger metro markets.
- Stena Fastigheter: Large private Swedish real estate company owned by the Stenbeck family, focused on residential rental properties in growth regions. Comparable to Rapp as a family-owned Swedish residential property operator with in-house management, though at significantly larger scale.
- Castellum: One of Sweden's largest listed real estate companies with a diversified portfolio of offices, retail, warehouse/logistics, and industrial properties. Comparable commercial and industrial property exposure relevant to Rapp's industrial expansion into Ryd, though at much larger scale.
- Samhällsbyggnadsbolaget i Norden AB (SBB): Swedish real estate company with a diversified portfolio including residential, community service properties, and commercial real estate. Comparable in offering a mixed Swedish portfolio model, though with very different scale and a public market focus.
- Heimstaden: Major European residential real estate company with a significant Swedish portfolio of rental apartments. Comparable residential rental model at scale, including regulated rent markets in Sweden, though operating across multiple European countries.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Rapp Fastigheter social profiles
Digital presenceRapp Fastigheter financial estimates
Financial estimateRevenue estimate
Valuation estimate
Rapp Fastigheter leadership team
Management profileNumber of profiles
Profiles6 records
Rapp Fastigheter subsidiaries and ownership
Company hierarchySubsidiaries3 records
Rapp Fastigheter funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Rapp Fastigheter 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 Rapp Fastigheter
What does Rapp Fastigheter do?
Rapp Fastigheter rents out apartments, offices, retail and restaurant premises, car halls, industrial halls, and parking spaces across approximately 123,000 m² of leasable area in Skövde, Sweden. Technical property management is handled in-house with eight full-time property technicians and a modern machinery fleet. The company serves both private individuals (residential apartments in central Skövde, Billingesluttningen, and Vasastaden) and businesses (commercial premises in city center, industrial facilities in Ryd and Norra Ryds industriområde).
Is Rapp Fastigheter a public or private company?
Rapp Fastigheter is a private company. It is classified as family owned and is currently operating.
When was Rapp Fastigheter founded?
Rapp Fastigheter was founded in 1961. It employs 11 to 50 people.
Where is Rapp Fastigheter based?
Rapp Fastigheter is headquartered in Skövde, Sweden, in the Europe region.
How does Rapp Fastigheter make money?
Four revenue lines are on record. Residential Property Rental is the primary driver. The others are commercial Property Rental, industrial Property Rental and parking and Garage Rental.
Who are Rapp Fastigheter's main competitors?
K2A Knaust & Andersson Fastigheter is listed as a direct peer. Regional players are Platzer Fastigheter, Diös Fastigheter and Wihlborgs Fastigheter. Catena is listed as an emerging player. Broad incumbents are Wallenstam, Stena Fastigheter, Castellum, Samhällsbyggnadsbolaget i Norden AB (SBB) and Heimstaden.
Does Rapp Fastigheter have an API?
No public API is recorded for Rapp Fastigheter.
What industry is Rapp Fastigheter in?
Rapp Fastigheter's product category is Residential and Commercial Real Estate Rental. Its primary akta.pro industry code is BPAJAFAM, Residential Maintenance & Turnover Services (Make-Ready, Inspections). Its NAICS code is 531311 and its SIC code is 6510.