Norwood

What Norwood does

Norwood SA is a privately held, family-owned Swiss real estate development company headquartered in Crissier (Canton of Vaud), founded in 1967 by Björn Mydske and now represented by his son Frédéric Mydske. Operating under the legal name Norwood SA in a single jurisdiction (Canton of Vaud, CHE-107.039.788), the company runs an integrated developer model: it acquires land directly or via its NSA Solution (Quotes-Parts Foncières land-exchange mechanism), commissions architectural design, manages construction internally, and delivers turnkey units to end buyers through a single-interlocutor sales process. Its product portfolio spans PPE (condominium) residences, rental buildings, multi-professional centers, senior living (Domaine de la Gracieuse, 180 units in Lonay), and the Base Aparthotels sub-brand (Geneva, Vevey, Nyon, Lausanne); it is currently building a 36-suite boutique hotel in Verbier for a planned winter 2026 opening.

The technology stack is conventional Swiss construction rather than software. Projects consistently target Minergie certification and incorporate domotics (lighting and blind control), photovoltaic panels, geothermal heat pumps, and EV charging. Geographically, Norwood concentrates on the Vaud arc lémanique (Lausanne, Lutry, Pully, Prilly, Chardonne, Chexbres, Montreux, Nyon, Morges) and Valais (Verbier), with active pipelines in Chardonne, Echandens, Lutry, and Verbier. Direct GTM via the norwood.ch website, downloadable project brochures, and a newsletter — supplemented by earned regional media (AGEFI Immo, Bilan, Le Temps, 24heures) and event sponsorship (Personnalité La Côte 2025) — funnels individual buyers, families, real-estate investors, landowners, and LUP (regulated affordable housing) buyers into a consultative sales process.

Revenue mechanics blend one-time condo/unit sales (primary), recurring rental income from the senior complex and held rental assets (subscription), and transaction-fee/value-participation economics under the NSA land-exchange model. The company claims 48 projects developed, 2,000+ housing units delivered, 120,000 m² of commercial floor space, and zero client lawsuits. With 11-50 employees and no external equity, debt, or M&A activity disclosed, the business is self-funded from accumulated family capital, restricting the pace of scaling relative to institutionally backed peers but underpinning a rapid-decision operating posture.

Name

Norwood

Legal name

Norwood SA

Website

https://norwood.ch

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

11–50 employees

Short description

Norwood SA is a family-owned Swiss real estate developer, founded 1967 in Crissier (Canton of Vaud), that designs, builds, and sells residential, commercial, and hospitality properties across the Vaud arc lémanique and Valais under its own Norwood and Base Aparthotels brands.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Nonresidential Building Construction (2362), Real Estate Property Managers (53131)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Operative Builders (1531)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industries

Residential Design-Build & Renovation-Integrated Builders (IMAFABAE), Residential Investment Property Brokerage (SFR/Small Multifamily) (BPAJAAAE)

Keywords

• Real estate development
• Condominium apartments
• Apart-hotels
• Residential property
• Property investment

Headquarters

HQ city

Crissier

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Others

Revenue model

1. Property Development and Sales: Norwood generates revenue by developing real estate projects (residential PPE apartments, rental buildings, commercial spaces, and hotels) and selling units to individual buyers and investors. The company manages the full development cycle — land acquisition, architectural design, construction management, and handover — acting as a single interlocutor from signing to key delivery.
2. NSA Solution (Land Partnership Model): Norwood offers landowners an alternative to direct land sale through its NSA Solution, exchanging land for Quotes-Parts Foncières (QPF) that convert into housing units. This creates an ongoing revenue/value participation model for the landowner without development risk, while providing Norwood with land access.
3. Rental Property Management: Norwood manages rental properties such as the Domaine de la Gracieuse (seniors' complex in Lonay), generating recurring rental income from tenants.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Norwood develops residential, commercial, and hotel properties across the Vaud arc lémanique and Valais, managing the complete value chain from land acquisition and architectural design through construction management to key delivery. The company sells PPE (condominium) apartments and rental units primarily to individual buyers, families, and private investors, and operates apart-hotels under the Base Aparthotels brand.

Product overview

Norwood is a real estate development company founded in 1967 in Crissier, Switzerland, operating primarily in the Lake Geneva (Léman) arc and Vaud canton. The company operates as a single integrated platform offering property development services across multiple product categories: residential PPE (condominium) apartments, apart-hotels under the Base Aparthotels brand, mixed-use multi-professional centers, senior living complexes, and commercial properties. Each project is developed internally from land acquisition through architectural design, construction management, and delivery. Key current projects include Résidence Altolago, Résidence Vaudaire, Résidence La Chocolatière, and Boutique-hôtel Verbier, alongside completed developments such as Résidence Hodler, Résidence Naïa, and the Base Aparthotels portfolio in Geneva, Vevey, Nyon, and Lausanne.

Differentiator

Problem solved

Functional benefit

Brands

• Base Aparthotels: Aparthotel concept offering suites and apartments for extended stays, with locations in Geneva, Vevey, and Lausanne. Certified HPE with photovoltaics and recycled materials.

Products and services

• Résidence Altolago (Lutry) PPE (condominium) residential complex of 12 apartments (3.5 to 5.5 rooms) on the heights of Lutry, with a cascade-style layout preserving privacy while offering panoramic Lake Geneva views. Each residence includes winter gardens, generous terraces, and high-end finishes. Targeted at individual buyers and families seeking premium off-plan housing in the Vaud arc lémanique.
• Résidence Vaudaire (Chardonne) Standing PPE residential complex in Chardonne with 5 apartments (4.5 rooms each), panoramic lake views, private terraces, communal wine cellar with climate-controlled individual cabinets, and EV charging in the garage. Targeted at buyers seeking premium Léman-view housing in the Vaud wine region.
• Résidence La Chocolatiere (Echandens) Mixed-use development in Echandens comprising 8 townhouse-style apartments (4.5 to 5.5 rooms) together with 14 independent modular commercial and activity spaces on the ground floor. Targeted at families seeking modern townhouse living combined with live-work spaces near Lausanne.
• Résidence Aurealago (Prilly) MINERGIE-certified residential complex in Prilly with 17 apartments (2.5 to 5.5 rooms) across five levels, south-facing orientation, generous outdoor spaces, and proximity to Prilly-Union train station. Includes 3 LUP units offered at below-market prices under LPPPL rent control, attractive to investors seeking stable yield in a supply-constrained market.
• Boutique-Hôtel Verbier 36-suite boutique hotel project in Verbier (Valais) under construction across 4 levels with a spa, fitness area, bar-restaurant, Minergie certification, electric vehicle charging stations, photovoltaic production, and district heating. Targeted at hospitality guests and Verbier visitors seeking eco-responsible mountain accommodation.
• Base Aparthotels (Geneva, Vevey, Nyon, Lausanne) Aparthotel brand developed by Norwood offering suites and apartments for extended stays across Geneva (36 suites + 17 apartments), Vevey (35 apartments), Nyon (52 suites), and Lausanne (16 units). Properties are HPE-certified with photovoltaic panels and recycled materials. Targeted at multinational corporate clients, project teams, and extended-stay travelers requiring serviced accommodations in the Vaud and Geneva regions.
• Domaine de la Gracieuse (Lonay) Senior living residence in Lonay comprising 180 units designed for active retirees, with Lake Geneva and Alpine views, proximity to shops, a medical office, pharmacy, and public transport. Managed by Norwood as rental housing, generating recurring rental income. Targeted at active retirees seeking serviced independent living in the Vaud region.
• NSA Solution (Quotes-Parts Foncières Land Valorization) Proprietary land valorization service where landowners exchange their land for building-land quotes (Quotes-Parts Foncières, QPF) that are subsequently converted into housing units in the future project. The landowner retains participation in the development project while avoiding the operational complexity, regulatory hurdles, and financial risk of direct property development. Targeted at private landowners and estates in Vaud seeking to optimize land value without taking on development execution.
• Les Boveresses and Centre Multi-professionnel Crissier Multi-professional commercial properties in Lausanne (Les Boveresses, 4.5-hectare mixed-use zone) and Crissier (two five-level buildings totaling 1,900 m² housing Norwood's headquarters), leased to industrial, commercial, and service tenants. Targeted at businesses seeking established mixed-use commercial space in the Vaud region.

Quantifiable outcome

• Zero lawsuits with clients — a claim explicitly made on the company website as a quality indicator.
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered minor.

• LAS BRANDINGminorImplementation/ SI/ Consulting Partner · 1 January 2025LAS BRANDING designed the Norwood corporate website (norwood.ch), providing creative direction and visual identity implementation.
• TERNATEK SARLAUminorImplementation/ SI/ Consulting Partner · 1 January 2025TERNATEK SARLAU developed the Norwood corporate website, handling the technical implementation and web development.
• threedeuxun SàrlminorImplementation/ SI/ Consulting Partnerthreedeuxun Sàrl provides website operation and maintenance services for norwood.ch, based in Switzerland.
• B. NicodminorStrategic or Co-development PartnerB. Nicod partnered with Norwood on the Résidence Maria Belgia project in Lausanne (1993–1995), a 22-apartment PPE development with 24 indoor parking spaces.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Implenia: Switzerland's largest construction and real estate services group, with a real-estate development arm covering residential, commercial, and infrastructure. Broader and more diversified than Norwood but operates overlapping Swiss geographies and product types.
• Eiffage Immobilier: Real estate development arm of the French Eiffage Group active in residential and mixed-use development across Europe, including Switzerland. Comparable as a full-cycle developer with Minergie-style sustainability focus.
• Bouygues Immobilier: French real estate developer (parent of Losinger Marazzi) active across European markets including Switzerland in residential and mixed-use developments. Comparable full-cycle residential developer model, though at much greater scale.
• Mobimo: Swiss listed real estate company with development and investment activities in residential, commercial and mixed-use properties. Larger and more institutionalized than Norwood but active in comparable Lake Geneva and Swiss markets.

Direct peers

• Losinger Marazzi: Major Swiss real estate developer and general contractor (Bouygues Construction subsidiary) active in residential, commercial and mixed-use projects in the Lake Geneva region and across Switzerland. Closely comparable to Norwood's integrated developer-contractor model in Vaud.
• HRS Real Estate: Swiss real estate developer focused on large, complex residential and mixed-use projects. Comparable to Norwood's integrated development approach, though typically at larger project scale.
• Anliker AG: Swiss general contractor and real estate developer active in residential, commercial and renovation projects. Comparable integrated build-and-sell model in similar Swiss regional markets.
• Halter AG: Swiss real estate developer active across German- and French-speaking Switzerland in residential and commercial projects. Comparable mid-sized family-style developer competing in similar Swiss regional markets.
• Allreal: Swiss listed real estate company combining real-estate development with a rental portfolio. Operates in similar Swiss urban geographies to Norwood and is a comparable developer-investor hybrid.
• Steiner AG: Swiss general contractor and real estate developer covering residential, commercial and hotel projects across Switzerland. Comparable in scale and product mix to Norwood's full-cycle development offering.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/norwood.ch
• Instagraminstagram.com/norwood_ch
• LinkedInlinkedin.com/company/norwood-s.a

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Norwood