Zeiner Eiendom

What Zeiner Eiendom does

Zeiner Eiendom AS is a privately held, 100% family-owned Norwegian commercial real estate company headquartered in Tønsberg with a regional branch office in Oslo. The company develops, owns, and manages a focused portfolio of approximately 34,000 m² of building area and 80,000 m² of land across Sandefjord, Tønsberg, and Drammen in central eastern Norway, with assets segmented across retail, logistics, and office use cases. Tenant mix is anchored by major national and regional brands including XXL Sport og Villmark, Rema 1000, Optimera/Montér, Posten Norge, Heidenreich, Jula, Europris, Jysk, Stadium Outlet, and ICA.

The business is run with a deliberately lean internal team of 2 employees supplemented by an external specialist network, executing both technical and economic property management in-house and undertaking selective property development (such as the modern building materials store at Stensarmen and the office asset at Rambergveien 3). The core technology stack is non-technical — Plyo-built website and 3D Estate visualizations — with no proprietary software, APIs, integrations, or AI/ML components disclosed.

Zeiner Eiendom generates revenue almost entirely through recurring rental income from commercial property leases, with disclosed rental income of approximately 50 million NOK in 2020. Pricing is negotiated individually with each tenant and not publicly disclosed; the GTM motion is direct enterprise leasing to large professional tenants. The entity traces its lineage to the 1902-founded building materials business Anth. L. Zeiner AS (later BYGGMAKKER Zeiner), which was acquired by Optimera AS (Saint-Gobain) in 2012; Zeiner Eiendom was established as a separate pure-play real estate vehicle in 2005 and remains under fifth-generation Zeiner family ownership and leadership.

Name

Zeiner Eiendom

Legal name

Zeiner Eiendom AS

Website

https://zeinereiendom.no

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Commercial Real Estate

NAICS

Real Estate Property Managers (53131), Offices of Other Holding Companies (551112)

SIC

Real Estate Dealers (For Their Own Account) (6532), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Mixed-Use Property Management (BPAJAGAE)

Keywords

• Commercial real estate
• Property development
• Property management
• Commercial leasing
• Logistics and retail property

Headquarters

HQ city

Tønsberg

HQ country

Norway

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Commercial Property Rental: The company generates revenue through rental income from commercial tenants occupying their properties. They manage approximately 34,000 m² of property space and approximately 80,000 m² of land area. The company had rental income of approximately 50 million NOK in 2020.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Zeiner Eiendom is a commercial real estate investment and management company that develops, owns, and manages a concentrated portfolio of retail, logistics, and office properties in central eastern Norway. The company internally performs both technical and economic property management to maintain properties and tenant relations, and it develops new functional commercial buildings in close dialogue with tenants. Its portfolio comprises approximately 34,000 m² of property space and 80,000 m² of land across Sandefjord, Tønsberg, and Drammen.

Product overview

Zeiner Eiendom is a pure commercial real estate company that develops and manages retail, logistics, and office properties. The company operates a unified offering combining property development services and professional property management (both technical and economic administration) across a portfolio of approximately 34,000 m² of commercial property. The portfolio includes named properties such as Orkidehøgda 14 (retail), Wirgenes vei 2 (logistics), Måkeveien 1A (building materials), Storgaten 2B (retail), Rambergveien 3 (office), and Hinderveien 2 (combination), all strategically located in growth municipalities across the central eastern Norway region. The company leverages 110 years of trade expertise to optimize operations for retail and logistics tenants.

Differentiator

Problem solved

Functional benefit

Products and services

• Property Development (Utvikling) Development of commercial properties, particularly retail and logistics real estate, creating functional and efficient buildings for tenants through close dialogue and specialized expertise built over 110 years in trade. For enterprise commercial tenants seeking purpose-built facilities.
• Property Management (Forvaltning) Both technical and economic property management performed internally to ensure proper maintenance of each property and maintain good dialogue with tenants, optimizing operations for retail and logistics properties. For enterprise commercial tenants occupying Zeiner Eiendom's portfolio.
• Property Portfolio Management Management of a portfolio of approximately 34,000 m² of commercial property and 80,000 m² of land across Sandefjord, Tønsberg, and Drammen, focused on commerce, logistics, and office segments. Returned rental income of approximately 50 million NOK in 2020.
• Orkidehøgda 14, Mjøndalen (Managed Property) Low-price retail property in Orkidehøgda Næringspark along E134 in Mjøndalen, featuring tenants including Jula Norge, Europris, Jysk, and Stadium Outlet, with 7,900 m² building area and 19,500 m² land. Available for lease to enterprise tenants.
• Wirgenes vei 2, Tønsberg (Managed Property) Optimera logistics center for Vestfold, Buskerud, and Telemark regions, considered among the most modern and efficient logistics facilities in the industry, with 6,050 m² building area. Available for lease to logistics enterprise tenants.
• Måkeveien 1A, Tønsberg (Managed Property) Montér chain's largest building materials warehouse, considered among the most modern in the industry and serving as Montér's regional center for Vestfold, Buskerud, Telemark, and Agder counties. Available for lease to building materials retail tenants.
• Storgaten 2B, Tønsberg (Managed Property) Property featuring XXL sports store (one of the largest in the country outside Oslo by revenue) and ICA grocery store, built in 1998/2007 and fully rehabilitated in 2013. Available for lease to retail enterprise tenants.
• Rambergveien 3, Tønsberg (Managed Property) Office property centrally located in Tønsberg, developed in collaboration with Zeiner Bolig AS, Boliving, and Stange, with 300 m² building area and 2,600 m² land. Available for lease to office enterprise tenants.
• Hinderveien 2, Sandefjord (Managed Property) Combination premises on the outskirts of Sandefjord housing Posten Norge AS and Heidenreich AS, with 3,870 m² building area and 8,200 m² land. Available for lease to enterprise tenants.

Quantifiable outcome

• Manages approximately 34,000 m² of property space and 80,000 m² of land area
• +1 more outcomes

Named customers10 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

Five partnerships are on record, tiered minor.

• Right to PlayminorOthersZeiner Eiendom is a supporter of Right to Play and their important work to protect, educate and strengthen children's opportunities for a better future around the world. This is part of their corporate social responsibility engagement in sustainable social projects.
• Erikstad Sailing Team (Bjørnar Erikstad)minorOthersProud sponsor of Bjørnar Erikstad in Erikstad Sailing Team. Bjørnar is one of the world's best sailors in the 2.4 MR class and a fantastic representative for Tønsberg Seilforening and Norwegian sailing in general.
• Tønsberg-livetminorGTM or Marketing PartnerOne of the supporters of the collaboration project Tønsberg-livet, a local community initiative.
• FærderfestivalenminorGTM or Marketing PartnerCollaboration partner to Færderfestivalen, a local cultural event in the Tønsberg region.
• DS Kysten Restoration ProjectminorOthersSupported the work to get the historical DS Kysten sailing ship sea-ready again in the Tønsberg archipelago.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Norwegian Property ASA: Public Norwegian commercial real estate company focused on prime office and retail properties in Oslo and surrounding regions. Direct asset-class overlap (office, retail) with Zeiner, though at a much larger institutional scale.
• Steen & Strøm: Norwegian shopping center company (owned by Olav Thon Gruppen) operating retail destinations across Norway. Direct overlap with Zeiner's retail property segment and tenant base (national retail chains).
• KLP Eiendom: Real estate arm of KLP, Norway's largest pension company, investing in commercial properties including retail, office, and logistics across Norway. Overlaps with Zeiner in commercial property investment and active asset management.
• Entra ASA: Public Norwegian commercial real estate company specializing in office properties. While focused on office (one of Zeiner's three segments) and far larger in scale, it represents a directly comparable Norwegian CRE ownership and management platform.
• Olav Thon Gruppen: One of Norway's largest privately-held real estate groups, with a substantial commercial property portfolio spanning retail, office, and hotels. While far larger and nationally diversified, its commercial property investment and management activities closely parallel Zeiner Eiendom's model of owning and operating commercial real estate for long-term rental income.

Direct peers

• Malling & Co: Norwegian commercial real estate investor and asset manager focused on office, retail, and logistics properties in the Nordic region. Direct overlap with Zeiner in owning and managing commercial property assets across the same asset classes.
• Heimdal Gruppen: Norwegian family-owned real estate developer and long-term holder of commercial and residential properties. Comparable in scale, family ownership structure, and long-term hold philosophy to Zeiner Eiendom.
• Union Eiendomsinvest: Norwegian real estate investment company focused on owning and developing commercial properties in the Nordic region. Comparable in scale and asset-class focus to Zeiner Eiendom's commercial property portfolio.

Emerging players

• Pareto Eiendomsinvest: Norwegian commercial real estate investment vehicle focused on Nordic commercial property. Comparable in commercial property focus and Nordic geographic orientation to Zeiner's regional portfolio.
• Rivington Eiendom: Norwegian commercial real estate investor focused on logistics, light industrial, and retail properties. Particularly relevant as a peer given the strong overlap with Zeiner's logistics and retail property exposure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Zeiner Eiendom