What Lecab Fastigheter does

Lecab Fastigheter AB is a privately held Swedish real estate company headquartered in Karlstad, Värmland, operating as the property arm of the Lecabgruppen conglomerate (which also includes Lecab Bil, Lecab Lastbilar, and Lecab Fritid). The company owns and operates a regionally concentrated portfolio spanning student housing, traditional residential, commercial, and industrial assets across Karlstad and surrounding municipalities (Kristinehamn, Tibro, Arvika, Sunne). Its flagship student housing portfolio totals 623 apartments across three complexes—Lecab Plaza (259 units, Miljöbyggnad Silver certified), Union (116 units, renovated 2020-2023), and Forest Hill (248 units)—all positioned in close proximity to Karlstad University.

The company monetizes its portfolio through a direct-to-consumer rental model, sourcing tenants via its own website and Mina Sidor tenant portal with BankID digital lease execution. Residential pricing is subscription-based and segmented: student units rent from SEK 5,815-5,984/month with rent-free summer months (June-July), while traditional Viken apartments rent from SEK 4,700/month. Commercial and industrial tenants include Scania, KFC, Burger King/St1, jem & fix, STC gym, Opus Bilprovning, and Karlstad Municipality, with disclosed average remaining lease terms of 5.5-6 years on recent acquisitions.

Strategically, Lecab Fastigheter is in active expansion mode, having completed three acquisitions between December 2024 and September 2025 adding 11.35 MSEK in annual rental value, and holding a development pipeline that includes Tullholmsviken (~200 apartments, project start 2025), Skåre Centrum (~50 apartments, 2026), and a jem & fix retail build-to-suit in Kristinehamn. The business combines acquisition-led growth with new construction, transitioning from a pure student housing operator toward a diversified regional property platform serving students, residential tenants, and commercial/industrial occupants.

Name

Lecab Fastigheter

Legal name

Lecab Fastigheter AB

Website

https://lecabfastigheter.se

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Lecab Fastigheter is a privately held Swedish real estate company in Karlstad that owns student housing (623+ units near Karlstad University), traditional residential apartments, and commercial/industrial properties across Värmland, operating as the property arm of Lecabgruppen conglomerate.

Ownership category

akta.pro rank

Product category

Real Estate Property Management and Leasing

NAICS

Lessors of Residential Buildings and Dwellings (53111), Real Estate and Rental and Leasing (53)

SIC

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

akta.pro primary industry

Student & Academic Term Monthly Housing (THAMAFAH)

Keywords

• Student housing rentals
• Commercial property leasing
• Residential apartment rentals
• Real estate development
• Property management services

Headquarters

HQ city

Karlstad

HQ country

Sweden

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Others

Revenue model

1. Residential rental income: Rental income from student apartments (Union, Lecab Plaza) and regular residential apartments in Viken. Tenants pay monthly rent with June and July being rent-free months for student housing.
2. Commercial property rental: Rental income from commercial and industrial properties including offices, warehouses, retail spaces, and workshops. Properties span across Karlstad, Kristinehamn, Tibro, Arvika, and Sunne in Värmland region.
3. Property development and sales: The company develops new properties (student housing, commercial buildings) for its own portfolio or for sale. Projects include Lecab Plaza, Lecab Gräsdalen, Tricotfabriken renovation, and various residential developments.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Lecab Fastigheter owns, manages, and develops real estate across the Värmland region of Sweden. Its core offerings consist of student housing near Karlstad University (Lecab Plaza, Union, Forest Hill), traditional residential rental apartments in Viken, and commercial/industrial premises (offices, warehouses, retail, workshops) for business tenants. New residential and mixed-use development projects are also pursued (Tullholmsviken, Skåre Centrum).

Product overview

Lecab Fastigheter is a Swedish real estate company that owns and manages properties in Värmland, with a focus on the Karlstad area. The company's product portfolio consists of three main segments: (1) Student Housing including Lecab Plaza (259 apartments), Union (116 apartments), and Forest Hill (248 apartments) offering modern student apartments near Karlstad University; (2) Traditional Residential Housing in the Viken district with 28 apartments across two properties; and (3) Commercial Properties & Premises including office buildings, retail spaces, warehouses, and industrial facilities across multiple locations in Värmland (Karlstad, Kristinehamn, Tibro, Arvika, Sunne). The company also develops new construction projects including residential developments at Tullholmsviken and Skåre Centrum. Lecab Fastigheter is part of Lecab Gruppen which also includes Lecab Bil, Lecab Lastbilar, and Lecab Fritid.

Differentiator

Problem solved

Functional benefit

Brands

• Lecab Plaza: Student housing complex with 259 apartments near Karlstad University, featuring community spaces, gym, and study lounges on top floor.
• Union
• Forest Hill

Products and services

• Lecab Plaza Student Housing Premium student housing complex with 259 apartments in 1-2 room configurations (21-37 m²) located opposite Karlstad University in Karlstad. Built to Miljöbyggnad Silver standard with solar panels and geothermal heating. Apartments start from 5815 SEK per month and include digital TV and broadband. June and July rent-free. Premium units feature rooftop amenities including study lounge, gym, and terrace; bookable kitchen lounges. Targets students at Karlstad University.
• Union Student Housing Student housing property with 116 apartments in two buildings at the entrance to Karlstad University. 1-room with kitchen apartments (22-29 m²) and 3-room with kitchen apartments (47 m²) available starting from 5984 SEK per month with broadband, electricity, and water included. June and July rent-free. Targets students at Karlstad University.
• Forest Hill Student Housing Premium student housing project with 248 apartments across 4 buildings near Karlstad University in Kronoparken, Karlstad. Real kitchens and ample storage featured. Targets students seeking modern accommodations close to campus.
• Viken Residential Apartments Traditional rental apartments in the Viken district of Karlstad, comprising Snäppan 19 (16 apartments starting from 4900 SEK/month, 39-83 m²) and Tärnan 7 (12 apartments starting from 4700 SEK/month, 41-90 m²), totaling 28 apartments with one commercial space. Buildings renovated with modern kitchens, tiled bathrooms, and amenities including SAPPA TV, hot water, and laundry facilities. Targets general residential tenants in central Karlstad.
• Tricotfabriken Commercial Property Restored historical textile factory on Klarälven's waterfront comprising 2,449 m² across 27 office spaces. Targets office-tenant businesses seeking character-rich, historically preserved premises in Karlstad. Renovation conducted in consultation with Karlstad municipality's building conservation officer.
• Lecab Gräsdalen Office Building New three-story office building in Gräsdalen, Karlstad with visible signage position along E18 highway. Approximately 2,600 m² of office and warehouse space across 7 office premises with inviting rooftop terraces. Targets businesses seeking modern, visible office locations.
• Lecab Lastbilar Välsviken Workshop Facility Truck workshop and facilities for Lecab Lastbilar (Scania dealer) at Välsviken, Karlstad. 6,954 m² facility since 2004 including new Scania workshop with sales and full service for heavy vehicles. Targets truck sales/service operators and industrial tenants.
• Commercial Properties & Premises Portfolio Portfolio of commercial properties and premises for rent across the Värmland region, including offices, retail spaces, warehouses, and industrial facilities in Karlstad, Kristinehamn, Tibro, and Arvika. Tenant roster includes Opus Bilprovning, Burger King/KFC restaurants with fuel and charging stations, STC gym, jem & fix, and Karlstad kommun vård- och omsorgsförvaltningen. Targets businesses seeking flexible commercial space in strategic Värmland locations.

Quantifiable outcome

• Buildings constructed to near-zero energy standards with Miljöbyggnad Silver certification
• +1 more outcomes

Named customers11 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

Partnerships

Eight partnerships are on record, tiered notable, standard and core.

• jem & fixnotableStrategic or Co-development Partner · 1 March 2026Lecab Fastigheter has signed an agreement with building materials chain jem & fix to construct a new retail store in Kristinehamn. Building permit has been approved and construction is planned to start in March. The new store will have better signage and be designed to better suit operational needs with improved working environment and customer accessibility.
• KFC NederlandnotableStrategic or Co-development PartnerLecab Fastigheter built one of KFC's first restaurants in Sweden at Välsviken trading area in Karlstad. The 511 m² restaurant facility was completed in 2015.
• Burger King and St1notableStrategic or Co-development PartnerPartnership to establish Burger King restaurant and St1 gas station at Våxnäs location. The 2013 project included demolition of old Shell station, soil remediation, and construction. A large charging park was added in 2024.
• Opus BilprovningstandardChannel Partner/ Reseller/ DistributorOpus Bilprovning operates vehicle inspection facilities in Lecab Fastigheter properties at Välsviken, Karlstad. The 308 m² facility was built in 2014 for heavy traffic inspection.
• ScaniacoreStrategic or Co-development PartnerLecab Lastbilar (Scania) operates from Lecab Fastigheter properties at Välsviken since 2004. The 6,954 m² facility includes new Scania workshop with sales and full service for heavy vehicles.
• Karlstad kommuncoreStrategic or Co-development PartnerKarlstad municipality is a key partner for property acquisitions and development projects. Lecab Fastigheter has acquired properties from the municipality and participates in municipal development projects including Tullholmsviken, Skåre Centrum, and Väse residential developments.
• Mondo ArkitekternotableTechnology or IntegrationArchitectural firm that designed Lecab Plaza student housing project and Lecab Gräsdalen commercial building. Won Arkitekturpriset 2022 for Lecab Plaza.
• Lecab LastbilarcoreChannel Partner/ Reseller/ DistributorInternal group company operating truck sales and service from Lecab Fastigheter properties in Sunne (Holmby 2:9, 1,384 m²), Kristinehamn (Blyet 6, 1,844 m²), and Välsviken (Välingen 1, 6,954 m²).

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Rikshem: Swedish residential property company owned by AP3 and AP4 pension funds, focused on residential rentals. Comparable to Lecab Fastigheter's residential rental segment, though at significantly larger scale and with national coverage.
• Heimstaden: One of Europe's largest residential real estate owners, with major Swedish exposure through Heimstaden Bostad. Comparable to Lecab Fastigheter's residential lessor model, but operating at vastly greater scale across multiple countries.
• Willhem: Swedish residential property company owned by the First AP fund, focused on rental apartments in growth regions. Comparable to Lecab Fastigheter's residential rental segment, with similar focus on growth-region apartment communities.
• Akelius Residential: Swedish-headquartered residential real estate company with assets across Europe. Comparable to Lecab Fastigheter's residential rental business model, though Akelius focuses on major European metros rather than a single Swedish region.
• Castellum: One of Sweden's largest listed commercial property companies, with offices, logistics, and retail assets. Comparable to Lecab Fastigheter's commercial/industrial portfolio segment, though Castellum operates at national scale with broader property type coverage.
• Wallenstam: Swedish listed property company focused on residential and commercial properties primarily in Stockholm, Gothenburg, and Uppsala. Comparable to Lecab Fastigheter's mixed residential-and-commercial portfolio model, though at much greater scale and with a broader geographic footprint.
• Stena Fastigheter: Large Swedish residential property company and part of the privately held Stena Group. Comparable to Lecab Fastigheter in its Swedish residential focus and conglomerate-backed ownership structure, though significantly larger and more geographically diversified.
• Balder: One of Sweden's largest listed property companies, with a diversified portfolio spanning residential, commercial, and hotel assets. Comparable to Lecab Fastigheter's mixed residential-and-commercial model, though Balder operates nationally and across multiple European markets.

Direct peers

• K2A Knaust & Andersson Fastigheter: Sweden's largest pure-play student housing company, listed on Nasdaq Stockholm. Most directly comparable to Lecab Fastigheter's core student housing segment given overlapping purpose-built student apartment model and university-adjacent locations.

Regional players

• NP3 Fastigheter: Swedish listed commercial property company focused on commercial and industrial properties in northern Sweden. Comparable to Lecab Fastigheter's commercial/industrial segment and similarly regional focus, though NP3 targets a different Swedish geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/lecabfastigheter
• LinkedInlinkedin.com/company/lecab-fastigheter

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Lecab Fastigheter