Intea Fastigheter

What Intea Fastigheter does

Intea Fastigheter AB (publ) is a Stockholm-headquartered Swedish real estate company that invests in, develops, and long-term manages social infrastructure properties. Founded in 2015 and listed on Nasdaq Stockholm in December 2024 (ticker: INTEA), the company focuses exclusively on purpose-built facilities for public-sector tenants across four verticals: justice (police stations, prisons, courts), higher education (university buildings and campuses), healthcare (hospitals, forensic psychiatric clinics), and other public services (government offices, transit depots). As of Q1 2026, the property portfolio was valued at SEK 28.7 billion with 694,000 sqm of lettable area, generating SEK 456 million in Q1 rental income.

The business model is a specialized, long-duration real estate rental model: Intea acquires, develops, or repurposes (including reopening historically closed facilities) properties designed for specific public functions, and leases them to Swedish government counterparties under long-term agreements (10-25 years) with annual CPI indexation of 70-85%. Over 90% of rental income is derived from public-sector tenants, including the Swedish Police Authority, the Swedish Prison and Probation Service, universities, regional authorities (e.g., Region Uppsala, Västra Götaland Region), and municipalities. Properties are purpose-built or extensively customized, creating high switching costs and very low tenant churn.

Growth has been driven by a combination of acquisitions (e.g., SEK 2.5 billion Helsingborg police and prison portfolio from Castellum in 2021), greenfield project development (e.g., the SEK 1 billion NIB-financed Kristianstad justice center), and capital markets activity including post-IPO directed share issues totaling approximately SEK 2.18 billion in 2025. The company has regional operations across Sweden (Stockholm, Kristianstad, Malmö, Lund, Vänersborg, Östersund) and pursues sustainability certifications such as BREEAM Excellent and Miljöbyggnad Gold on its developments.

Name

Intea Fastigheter

Legal name

Intea Fastigheter AB (publ)

Website

https://intea.se

Company type

Public

Founded year

2015

Operating status

Operating

Headcount range

51–100 employees

Short description

Intea Fastigheter is a Swedish publicly listed real estate company (Nasdaq Stockholm: INTEA) that acquires, develops, and long-term owns purpose-built social infrastructure properties, including police stations, prisons, courts, universities, and healthcare facilities, leased to Swedish public-sector tenants under 10-25 year CPI-indexed contracts.

Ownership category

akta.pro rank

Product category

Social Infrastructure Real Estate

NAICS

Lessors of Nonresidential Buildings (except Miniwarehouses) (53112), Lessors of Real Estate (5311)

SIC

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

akta.pro primary industry

Affordable & Public Housing Asset Management (BPAJAMAI)

akta.pro secondary industry

Healthcare & Senior Housing Real Estate Asset Management (BPAJAMAH)

Keywords

• Social infrastructure real estate
• Public sector property leasing
• Purpose-built government facilities
• Long-term lease portfolio
• Commercial real estate investment

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Rental Income: Long-term leases with public-sector tenants generating recurring rental income. Rents typically include CPI indexation (commonly 70-85% of CPI) and have long contract durations (typically 10-25 years).

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Intea Fastigheter invests in, develops, and manages purpose-built social infrastructure properties for long-term lease to Swedish public-sector tenants. The portfolio spans justice facilities (prisons, police stations, courts), higher education buildings, healthcare facilities, and other government properties under 10-25 year leases with CPI indexation. The company also provides property management and project development services for these assets.

Product overview

Intea Fastigheter is a specialized Swedish real estate investment company focused exclusively on social infrastructure. The company operates as a single unified offering—investing in, developing, and managing properties within four core sectors: Justice (prisons, police stations, courts), Higher Education (university buildings and campuses), Healthcare (hospitals, psychiatric clinics), and Other Public Services. The company maintains a long-term ownership strategy with over 90% of rental income coming from public-sector tenants. Properties are customized for specific tenant requirements and typically involve 10-25 year lease agreements with annual CPI-indexation.

Differentiator

Problem solved

Functional benefit

Products and services

• Justice Sector Properties Specialized properties for law enforcement and judicial functions including police stations, prisons, detention facilities, and court buildings leased long-term to public-sector tenants such as the Swedish Police Authority (Polismyndigheten) and the Swedish Prison and Probation Service (Kriminalvården). Tenants and use cases include police stations in Värnamo (~8,600 sqm, SEK 25.3m annual rent), Skärholmen (~6,400 sqm, SEK 26m annual rent), Helsingborg (19,100 sqm, SEK 48.3m annual rent), Härnösand Prison, and Ringsjön Prison.
• Higher Education Properties Educational facilities including university buildings, campuses, and research centers leased to public educational institutions such as the University of Skövde (27,700 sqm across two properties) and Amerikanska Gymnasiet (2,800 sqm classroom facilities in Halmstad, SEK 5.6m annual contract value). Also includes the Sahlgrenska Life healthcare and research project in Gothenburg (~50,000 sqm) with Vitartes and University of Gothenburg.
• Healthcare Properties Medical and healthcare facilities including hospitals, psychiatric clinics, and healthcare centers leased to public healthcare providers. Tenants and projects include Region Uppsala's forensic psychiatric clinic at Jälla (24 secure beds, ~4,100 sqm, SEK 19.3m annual rent, Miljöbyggnad Gold target) and the Sahlgrenska Life research and hospital development in Gothenburg.
• Other Public Service Properties Specialized facilities for various public-sector tenants including government offices, municipal services, transportation depots, and enforcement authorities. Tenants include the Municipality of Halmstad (4,600 sqm office premises, SEK 6.8m annual rent) and Västtrafik (25-year lease for a new train depot in Falköping, ~3,500 sqm, plus extension of an existing depot).
• Property Management Services Long-term property management services for social infrastructure assets, including tenant relations, property maintenance, and energy optimization. Delivered through regional offices in Kristianstad, Malmö/Lund, Vänersborg, and Östersund.
• Project Development Development and construction of new social infrastructure properties including design, permitting, build-out, and sustainability certification (BREEAM Excellent, Miljöbyggnad Gold) for public-sector tenants. Active projects include the new justice centre in Kristianstad (16,400 sqm, financed with NIB) and Campus Östersund wooden building (6,750 sqm, BREEAM Excellent).

Quantifiable outcome

• Property portfolio grew from SEK 14.6 billion (2021) to SEK 28.7 billion (Q1 2026)
• +3 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor and flagship.

• Alhem Fastigheter ABminorStrategic or Co-development Partner · 5 November 2025Joint venture partner with K-Fastigheter for development of approximately 260 rental apartments and retail space in Gothenburg/Björlanda. Intea is not directly involved in this partnership but this indicates industry collaboration patterns in Swedish real estate.
• VitartesflagshipStrategic or Co-development Partner · 3 February 2022Co-developer with Intea of Sahlgrenska Life project in Gothenburg. Intea's share of this flagship healthcare and research project amounts to approximately 50,000 sqm of lettable area for buildings 2 and 3.
• Västra Götaland RegionflagshipStrategic or Co-development Partner · 3 February 2022Potential tenant for Sahlgrenska Life healthcare and research project in Gothenburg, one of the biggest investments in life science in the Nordic countries.
• University of GothenburgflagshipStrategic or Co-development Partner · 3 February 2022Potential tenant for Sahlgrenska Life healthcare and research project, linking university medical faculty with hospital.

Scale indicators8 records

Recent moves11 records

Expansion highlights5 records

Emerging players

• Akademiska Hus: Swedish state-owned university property owner and developer — competes with Intea's Higher Education segment for university campus mandates and is the dominant public-sector higher education landlord in Sweden.

Direct peers

• Samhällsbyggnadsbolaget i Norden (SBB): Nordic social infrastructure real estate company owning public-sector properties (justice, education, healthcare, government) — the closest direct peer to Intea's specialized Swedish social infrastructure strategy.
• Stenhus Fastigheter: Swedish public real estate company focused on community service properties (schools, care homes, public buildings); previous employer of Intea's current CFO Emil Jansbo and a comparable social infrastructure landlord.
• Castellum: One of Sweden's largest commercial real estate companies that divested a major Helsingborg police/prison portfolio to Intea in 2021; competes for Swedish public-sector real estate mandates but is a generalist landlord.
• Sveafastigheter: Swedish real estate investor/developer specializing in community service and public-sector properties; competes with Intea for the same public-sector lease tenders in Sweden.

Broad incumbents

• NP3 Fastigheter: Swedish commercial real estate company with a meaningful public-sector tenant share; broader portfolio profile but competes in similar Swedish regional markets.
• K-Fast Holding (K-Fastigheter): Swedish real estate company with mix of community service properties and residential; shares Intea's focus on long leases and purpose-built public/community assets.
• Diös Fastigheter: Swedish regional real estate company with public-sector exposure (municipalities, county councils) across northern Sweden; broader portfolio but overlapping customer base with Intea's regional offices.
• Wallenstam: Major Swedish real estate company with residential and commercial properties including some public-sector leases; useful comparable for capital structure and Swedish market dynamics.
• Catena: Swedish logistics-focused real estate company with some public-sector tenant exposure; broader asset class but overlapping geographic and investor base with Intea on Nasdaq Stockholm.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/intea

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries3 records

Funding overview

Funding rounds2 records

Investors4 records

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 Intea Fastigheter