KLP Eiendom

Name

KLP Eiendom

Legal name

KLP Eiendom AS

Website

https://klpeiendom.no

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Commercial Real Estate

NAICS

Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Lessors of Other Real Estate Property (53119), Management of Companies and Enterprises (55)

SIC

Real Estate Dealers (For Their Own Account) (6532), Operators Of Nonresidential Buildings (6512), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Real Estate Public-Private Partnership (PPP) & Infrastructure-Adjacent Real Estate Advisory (BPAJANAL)

akta.pro secondary industry

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

Keywords

• Commercial real estate
• Property management
• Real estate development
• Commercial property leasing
• Sustainable buildings

Headquarters

HQ city

Oslo

HQ country

Norway

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Commercial Property Leasing: KLP Eiendom generates the majority of its revenue from long-term leases on office buildings, shopping centres, hotels, logistics properties, and mixed-use properties across Norway, Sweden, Denmark, and UK. Rents are negotiated on a per-square-metre basis with multi-year lease terms. The company is a long-term holder — 'vi kjøper ikke for å selge, vi kjøper for å eie, kanskje for alltid'.
2. Residential Property Sales: Through development projects like NORA Bolig, KLP Eiendom sells selveierleiligheter (owner-occupied apartments) to end buyers. The first tranche of the NORA project achieved 536 million NOK in sales value with over 70% of units sold in the first phase. Collaboration with KLP Banken provides buyers with favourable financing.
3. Property Management Services: As a vertically integrated real estate company, KLP Eiendom handles all property and technical management, and development project management in-house. Revenue includes fees from managing and maintaining the property portfolio for its own account.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

KLP Eiendom acquires, owns, manages and develops modern commercial real estate across Norway, Sweden, Denmark and the UK, with a focus on office buildings, shopping centres, hotels, logistics facilities and select residential developments around major Scandinavian transportation hubs. The company operates a vertically integrated model that combines long-term ownership, in-house property and technical management, and development project execution. Revenue is driven primarily by recurring commercial lease income, supplemented by property management services and select residential unit sales.

Product overview

KLP Eiendom is one of Scandinavia's largest commercial real estate companies, operating a vertically integrated model that handles property acquisition, development, management, and technical services for a diversified portfolio of office buildings, shopping centers, hotels, logistics facilities, and residential properties. The company's core digital products include Mitt leieforhold (a tenant portal providing access to contracts, invoices, and environmental data) and the internally-developed Eiendomsdashbordet (a sustainability tracking dashboard monitoring energy, water, and waste across the property portfolio). The property portfolio spans Norway, Sweden, Denmark, and UK, with gross property value of approximately NOK 111.5 billion and gross leasable area of 2.7 million sqm as of Q1 2026. Major development projects include Oslo Horisont (Nordic Europe's largest reuse project), NORA Bolig (residential), Fornebu Sør, and Økern S urban development initiatives.

Differentiator

Problem solved

Functional benefit

Brands

• Mitt leieforhold: Digital tenant portal providing access to contract information, invoice handling, energy consumption data, and environmental certification details for tenants.

Products and services

• Commercial Property Leasing (Office and Commercial Properties) Long-term leasing of office buildings, mixed-use properties and commercial spaces in prime Scandinavian locations to enterprise tenants, with rents negotiated per square metre per year on multi-year contracts. Includes dedicated tenant teams and on-site operations technicians at each property.
• Property Management Services Vertically integrated in-house property management, technical management and development project management delivered for KLP Eiendom's own portfolio, including building operations, maintenance, sustainability tracking and tenant support.
• Shopping Centre Portfolio Management Ownership, leasing and operation of shopping centres including Fornebu S, Byporten, Glasmagasinet, Hvaltorvet and Paleet, primarily serving retail tenants in major Norwegian cities.
• Hotel Portfolio Management Ownership, leasing and operation of 14 hotels across Scandinavia and London, including Radisson BLU, Scandic, Quality and Conrad branded properties such as Radisson BLU Atlantic Hotel (Stavanger), Radisson BLU Scandinavia Hotel (Oslo), and Grand Central by Scandic (London).
• Logistics Property Leasing

Quantifiable outcome

• Logistics portfolio acquisition for 1.8 billion NOK generates ~103 million NOK in annual rental income with ~7-year weighted average unexpired lease term.
• +3 more outcomes

Named customers7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

Feature3 records

Partnerships

Ten partnerships are on record, tiered minor and core.

• CousinsminorStrategic or Co-development PartnerSince 2023, KLP Eiendom has partnered with Cousins — a social enterprise operating a café in Glasmagasinet shopping centre. Cousins provides 12-month employment and training programmes for young refugees aged 18–25. The partnership demonstrates KLP Eiendom's commitment to social sustainability and inclusion.
• KLP BankencoreStrategic or Co-development PartnerKLP Eiendom and KLP Banken collaborate on the NORA Bolig residential project (165 apartments at Fagerborg/Bislett, Oslo). KLP Banken provides buyers with favourable financing terms, while KLP Eiendom acts as developer. This is the first time the two entities have collaborated so closely at a sales launch. Over 70% of first-tranche units were sold, generating 536 million NOK in sales value.
• OsloMet (Oslo Metropolitan University)coreStrategic or Co-development PartnerKLP Eiendom installed approximately 500 solar panels on OsloMet's Pilestredet campus roofs (buildings 42, 48, 50, 52). The project, which began production in autumn 2025, is estimated to produce 209,217 kWh/year. OsloMet is KLP Eiendom's largest tenant with over 90,000 sqm of space. KLP developed the project with a new requirements specification that will be used for all future KLP solar projects.
• BlueTecminorImplementation/ SI/ Consulting PartnerSelected as solar panel installation supplier for the OsloMet project after a tender evaluation based on profitability and production efficiency. Installed ~500 solar panels on OsloMet's Pilestredet campus roofs in March 2025.
• NorconsultminorImplementation/ SI/ Consulting PartnerConsulting firm that conducted a feasibility study analysing the solar potential of all rooftops at OsloMet's Pilestredet campus to identify the most profitable locations for solar panel installation.
• FutureBuiltcoreStrategic or Co-development PartnerKLP and FutureBuilt entered a collaboration for the further development of Oslo Horisont, which aims to become an international showcase project for circularity and reuse. Oslo Horisont is being developed as one of the first high-rise buildings with climate ambitions in line with FutureBuilt ZERO. FutureBuilt is a professional advisory body for climate-friendly city development.
• Selvaag Bolig and OBOScoreStrategic or Co-development PartnerFornebu Sør is a public-private collaboration between Bærum municipality and landowners Selvaag Bolig, OBOS, and KLP Eiendom. KLP Eiendom is responsible for ~90,000 sqm of commercial space; Selvaag Bolig and OBOS handle residential construction. The development aims to create a new urban centre near the Fornebubanen terminus, with 70,000 sqm of squares and parks.
• Bærum MunicipalitycoreStrategic or Co-development PartnerBærum municipality is a partner in the Fornebu Sør development project alongside private landowners Selvaag Bolig, OBOS, and KLP Eiendom. The public-private collaboration aims to build a new urban centre with green squares, parks, residential and commercial buildings near the Fornebubanen terminus.
• Skanska and Bane NORcoreStrategic or Co-development PartnerØkern S development is a collaboration between Skanska/OBOS, Bane NOR, and KLP Eiendom. KLP is responsible for developing 50–60,000 sqm of commercial space with central functions (retail, dining, offices, hotel, culture), plus associated public spaces. The project transforms a former industrial area into a new city centre.
• Rodeo Arkitekter, Kristin Jarmund Arkitekter (now Nordic), C.F. Møller ArchitectscoreStrategic or Co-development PartnerOslo Horisont is designed by an architectural collaboration between Rodeo Arkitekter, Kristin Jarmund Arkitekter (now Nordic), and C.F. Møller Architects. The project at Biskop Gunnerus Gate 14b involves transforming the former Postal Sorting Office at Oslo S into offices, hotel, retail, and public spaces. The architects collaborated on the regulatory planning phase.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Entra ASA: Entra is a Norwegian listed commercial real estate company focused on office properties, with a portfolio comparable in geography (Norway) and asset class to KLP Eiendom's office holdings. Both serve public-sector and large enterprise tenants in the Oslo region.
• Norwegian Property ASA: Norwegian Property is a Norway-focused listed commercial real estate company owning and managing office buildings in prime Oslo locations — directly comparable to KLP Eiendom's commercial property business in scale and tenant mix.
• Catena AB: Catena is a Nordic listed logistics real estate company specializing in warehouse and distribution properties — the most direct peer for KLP Eiendom's newly built NOK 6B logistics portfolio. Comparable asset class, geography (Nordics), and tenant type (e-commerce, logistics operators).
• Castellum AB: Castellum is one of the largest listed commercial real estate companies in the Nordic region, with a diversified portfolio of office, logistics, and mixed-use properties across Sweden and Denmark — overlapping with KLP Eiendom's Scandinavian footprint and asset mix.
• Fabege AB: Fabege is a Swedish listed real estate company focused on prime office and urban development properties in Stockholm — directly comparable to KLP Eiendom's office and city-development strategy (e.g., Fornebu Sør, Oslo Horisont).
• Wihlborgs Fastigheter AB: Wihlborgs is a Swedish listed commercial real estate company focused on office and urban properties in the Øresund region — directly comparable to KLP Eiendom's office properties and pan-Scandinavian tenant strategy.

Broad incumbents

• Balder AB: Balder is one of the largest listed Nordic real estate companies with a broad portfolio of commercial, residential, and logistics properties across Sweden, Norway, Denmark, and Finland — overlapping significantly with KLP Eiendom's diversified Scandinavian footprint.
• Wallenstam AB: Wallenstam is a Swedish listed real estate company developing and managing commercial and residential properties in the Gothenburg and Stockholm regions — comparable in long-term ownership philosophy and mixed-use development approach.
• Heimstaden AB: Heimstaden is a major European residential and mixed-use real estate company with significant Nordic presence — comparable to KLP Eiendom in scale and in its blend of residential (NORA Bolig) and commercial properties across Scandinavia.

Emerging players

• Sveafastigheter AB: Sveafastigheter is a Nordic real estate investment and development firm with institutional capital backing — comparable to KLP Eiendom in its institutional ownership model and focus on long-term Scandinavian real estate investments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/klpeiendom
• LinkedInlinkedin.com/company/klp-eiendom-as
• Instagraminstagram.com/klpeiendom

Compliance20 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Subsidiaries1 record

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 KLP Eiendom