Alti Forvaltning

Name

Alti Forvaltning

Legal name

Alti Forvaltning AS

Website

https://alti.no

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Sunndalsøra

HQ country

Norway

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Property Management Fees: Alti Forvaltning charges fees for managing shopping centers on behalf of property owners, both for their own properties and external owners.
2. Shopping Center Operations: Revenue from operating shopping centers including tenant management, marketing services, and operational support.
3. Special Income Services: Additional revenue streams including rental of common areas, stands, pop-up concepts, advertising surfaces (physical and digital), and temporary rental arrangements.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Alti Forvaltning AS manages and operates the Alti shopping center chain, providing professional property management services including accounting, contract management, leasing, property development, marketing, technical operations, HR, and gift card system support across 64+ shopping centers in Norway. The company serves both owners of the centers it operates (including the Løseth/Sørbøe family-owned Alti AS and Aurora Eiendom) and external third-party property owners, while also delivering consumer-facing offerings such as the Altiett gift card and Alti Klubb customer loyalty program.

Product overview

Alti Forvaltning AS operates a shopping center chain called Alti, managing over 45 shopping centers across Norway from Tromsø in the north to Mandal in the south. The portfolio includes products and services: Alti (core shopping center brand), Altiett Gavekort (gift card system usable across all centers), Alti Klubb (customer loyalty clubs), Ellie & Timba (mascot characters with entertainment content), and free WiFi services at select locations. The company also manages commercial and residential real estate projects. Headquartered in Surnadal with offices in Oslo, Trondheim, and Arendal.

Differentiator

Problem solved

Functional benefit

Brands

• Altiett Gavekort: The company's own gift card system usable across all Alti shopping centers.
• Ellie & Timba

Products and services

• Alti Shopping Center Chain Shopping center chain of over 45 (rising to 64+) Alti-branded and externally managed shopping centers across Norway, providing retail stores, dining, services and customer experiences under unified management.
• Altiett Gavekort (Gift Card) Gift card usable across all Alti shopping centers and centers managed by Alti Forvaltning, available for purchase online by individuals and businesses, letting recipients choose their preferred stores and experiences.
• Alti Klubb (Customer Club) Customer loyalty program available at most Alti shopping centers, offering members exclusive deals, early access to sales, and newsletters via email or SMS.
• Shopping Center Property Management Services Full-service property management offering for shopping center owners, covering accounting, contract management, leasing, property development, marketing, technical operations, HR support and gift card program administration.

Quantifiable outcome

• BREEAM In-Use Outstanding certification achieved by multiple centers with highest score in Norway
• +1 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

Three partnerships are on record, tiered major and core.

• Coop Norge Eiendom ASmajorStrategic or Co-development Partner · 1 April 2025Coop has entered management agreement with Alti for 4 shopping centers (AMFI Rørvik, AMFI Otta, AMFI Nærbø, AMFI Årnes) owned by various Coop cooperatives. Centers had combined turnover exceeding NOK 1.5 billion.
• LL Cetho AScoreStrategic or Co-development Partner · 1 March 2025Joint venture between LL Kjøpesenter and Cetho Eiendom for shopping center ownership in Nord-Norge. Currently owns Alti Svolvær, Sjøsiden Mosjøen, and Sortland Storsenter.
• OBOS Eiendom ASmajorStrategic or Co-development Partner · 1 January 2019OBOS, Norway's largest housing cooperative and property manager, engaged Alti for management of Tasta Senter in Stavanger - their first external management agreement.

Scale indicators3 records

Recent moves12 records

Expansion highlights5 records

Direct peers

• Kungsleden: Swedish commercial real estate company with shopping center and office properties. Comparable Nordic geographic footprint and long-term property management approach.
• Atrium Ljungberg: Swedish commercial real estate company focused on urban shopping centers and mixed-use retail. Comparable Nordic geographic focus and shopping center operating model.
• Olav Thon Gruppen: Norway's largest shopping center operator and former 100% owner of the Amfi chain that Alti later took over. Closest direct competitor in managing and operating Norwegian shopping centers at scale.
• Steen & Strøm: Historic Norwegian shopping center operator with major centers in Oslo and across Norway. Directly comparable in Norwegian retail property management and tenant relations.
• Eurocommercial Properties: Dutch-listed REIT specializing in shopping centers in Italy, France, and Sweden. Closely comparable in shopping center operating model across European geographies.
• Citycon Oyj: Nordic-listed shopping center specialist operating dozens of centers across Finland, Norway, Sweden, Denmark, and Estonia. Closest publicly-listed peer for shopping center portfolio management.

Broad incumbents

• Klépierre: Europe's largest pure-play shopping center REIT with a continental portfolio. Comparable retail real estate operating model but at much larger scale and broader geographic footprint.
• Unibail-Rodamco-Westfield: Global leader in shopping center development and operations. Comparable retail real estate business model, though at vastly larger scale with premium destination centers.

Others

• Malling & Co: Norway's largest commercial real estate advisor and transaction house. Comparable as a Norwegian retail/commercial real estate specialist, but operates as an advisor rather than owner/manager.

Emerging players

• SBB (Samhällsbyggnadsbolaget): Swedish real estate company with a growing Nordic portfolio across community service properties, residential, and retail. Comparable Nordic geographic focus, though broader in property type mix.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/alti-forvaltning-as
• Facebookfacebook.com/ALNAsenter

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 Alti Forvaltning