Afa Properties
Afa Fastigheter is a Stockholm-based property owner and manager, wholly owned by Afa Försäkring, that owns and operates office, hotel, retail, and residential properties across Stockholm's inner city, serving enterprise commercial tenants and individual residential renters.
- Company typePrivate
- Founded1960
- HeadquartersStockholm, Sweden
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Afa Properties does
Afa Fastigheter is a Stockholm-based property company and one of the largest commercial and residential property owners in Stockholm's inner city. The company owns and manages office, hotel, retail, and residential properties across landmark locations including Stureplan, Sergels Torg, Münchenbryggeriet, and the Lindhagen area on Kungsholmen. It is a wholly owned subsidiary of Afa Försäkring, a major Swedish insurance company owned by the country's labor market parties (Svenskt Näringsliv, LO, and PTK), and is also a minority co-owner of Granit Bostad, a residential joint venture with a 6+ billion SEK portfolio of approximately 2,200 apartments across Stockholm and Malmö. The company's operations rely on a relatively conventional property technology stack: a tenant self-service portal (Mina Sidor) with BankID authentication, a document management system (Quben on Metashare) for project and property information sharing, and the Smart Passage digital access system connected to Stockholm rescue services. Additional partnerships cover fiber/internet (Advania), parking administration (Corepark, Aimo), waste management (ReturAB, Ragnsells, Recompany), and debt collection (Intrum), with property management outsourced to Newsec (commercial) and Aphos (residential). The business model is straightforward: recurring rental income from commercial and residential tenants, with residential apartments allocated through Stockholm's Bostadsförmedlingen housing queue. Commercial tenants include long-duration enterprise clients such as Scandic Anglais, Mojang, Hannover Re, MAQS, Lyko, and SÄkra. Revenue is not publicly disclosed, and pricing is set through individual lease negotiation rather than published rate cards, though residential tenants must demonstrate income of 3x monthly rent. The company targets net-zero scope 1 and 2 emissions by 2030, holds ISO 50001 certification, and is actively building circular-economy practices through partnerships with KRETS and Centrum för cirkulärt byggande.
Afa Properties firmographics
Firmographics- Name
- Afa Properties
- Legal name
- Afa Fastigheter
- Website
- https://afafastigheter.se
- Company type
- Private
- Founded year
- 1960
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Afa Fastigheter is a Stockholm-based property owner and manager, wholly owned by Afa Försäkring, that owns and operates office, hotel, retail, and residential properties across Stockholm's inner city, serving enterprise commercial tenants and individual residential renters.
- Ownership category
- akta.pro rank
Afa Properties industry classification
Industry- Product category
- Commercial and Residential Real Estate
- NAICS
- Real Estate Property Managers (53131), Residential Property Managers (531311)
- SIC
- Operators Of Nonresidential Buildings (6512)
- akta.pro primary industry
- Office Real Estate Asset Management (BPAJAMAG)
- akta.pro secondary industries
- Office Property Management (BPAJAGAA), Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE)
Keywords
Where Afa Properties is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices1 record
Markets served
Afa Properties business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Commercial Property Rental: Rental income from office, hotel, and retail spaces in Stockholm inner city properties. Properties include offices, hotels, and mixed-use buildings. Tenants include global businesses, quality hotels, and smaller entrepreneurs.
- Residential Property Rental: Rental income from residential apartments in Stockholm inner city. Apartments are allocated through Bostadsförmedlingen. Tenants must meet income requirements (3x monthly rent).
- Property Management Services: Management services for Granit Bostad, a partially-owned subsidiary focused on residential properties in Stockholm and Malmö.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Residential rental - income requirement |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Afa Properties product offering
Product offeringCore offering
Afa Properties owns, leases, and manages a portfolio of commercial, hotel, and residential real estate concentrated in Stockholm's inner city. The company provides office space to global enterprises and smaller businesses, manages hotel properties such as Scandic Anglais, and allocates residential apartments primarily through Stockholm's Bostadsförmedlingen queue system, while also offering property management services to its co-owned residential subsidiary Granit Bostad.
Product overview
Afa Fastigheter is a Stockholm-based real estate company operating as one of the largest property owners in the city. The company manages a diverse portfolio consisting of three core offerings: commercial property rental (offices, retail spaces, and hotels), residential property rental, and property development projects. Key branded property assets include Münchenbryggeriet (40,000 sqm mixed-use), Lindhagen Properties (solar-powered office complex), and STPLN8 (renovated premium office at Stureplan). The tenant-facing digital platform Mina Sidor provides self-service access to contracts, service requests, and payments via BankID authentication. An internal document management system called Quben (built on Metashare) handles property information sharing. The company also maintains sustainability services with net-zero emissions targets and circular economy practices. Through co-ownership of Granit Bostad, the company extends its presence in residential properties across Stockholm and Malmö.
Differentiator
Problem solved
Functional benefit
Brands
- Granit Bostad: A partially owned residential company established in 2021, focused on investing long-term in sustainable rental properties in growth cities in Sweden.
Products and services
- Commercial Property Rental Rental of office, retail, and commercial space across multiple Stockholm inner-city properties including landmark buildings at Stureplan, Sergels Torg, and Kungsholmen. Targeted at businesses ranging from global enterprises to smaller entrepreneurs.
- Residential Property Rental Rental of apartments in Stockholm's inner city allocated via Bostadsf\u00f6rmedlingen. Includes tenant support services, Mina Sidor portal access, and rental income billed monthly in advance. Tenants must meet a 3x monthly rent income requirement.
- Hotel Property Management Management and leasing of hotel properties in Stockholm's city center, serving global hotel chains and quality hotels such as Scandic Anglais (25+ year relationship).
- M\u00fcnchenbryggeriet Approximately 40,000 sqm mixed-use property at Riddarfj\u00e4rden offering commercial space to cultural, media, fashion, travel, education, restaurant, and event businesses. Notable tenants include Mojang and Strategisk Arkitektur.
- Lindhagen Properties Collection of five properties at Lindhagensplan forming a near-complete city block, featuring solar cell installations and modern office buildings including G\u00e5ngaren 14-20, marketed as modern sustainable office space.
- STPLN8 (Stureplan 8) Renovated property at Stureplan 8 offering premium office space in one of Stockholm's premier locations, with tenants including MAQS Advokatbyr\u00e5 (~1,500 sqm, 6-year lease) and Alma Property Partners (~650 sqm top floors).
- Nya Torsgr\u00e4nd Residential development project in the Silverskopan 3 quarter where Torsgatan and Torsgr\u00e4nd meet in Sabbatsberg, Stockholm, providing new-build rental apartments in central Stockholm.
- Granit Bostad Co-owned residential property company established in 2021 by Afa F\u00f6rs\u00e4kring alongside PRI Pensionsgaranti, F\u00f6rs\u00e4kringsbranschens Pensionskassa, KK-stiftelsen, and Bliwa. Owns 19 properties with approximately 2,200 apartments in Stockholm and Malm\u00f6, valued over 6 billion SEK. Managed by Afa Fastigheter.
Quantifiable outcome
- Net-zero emissions target for direct emissions (scope 1 & 2) by 2030
Companies that use Afa Properties
Customer profileNamed customers12 records
Segments2 records
Ideal customer profiles2 records
Afa Properties technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration12 records
Feature3 records
Afa Properties partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core, minor and strategic.
- Granit BostadcoreGranit Bostad is a partially-owned subsidiary (joint venture) invested in by Afa Försäkring along with PRI Pensionsgaranti, Försäkringsbranschens Pensionskassa, KK-stiftelsen, and Bliwa. Focuses on long-term investment in sustainable rental properties in growth cities in Sweden.
- NewseccoreProperty management and emergency services for commercial properties (020-48 08 00). Handles access tags, property maintenance coordination, and after-hours emergency response.
- AphoscoreProperty management for residential properties (020-304 304). Handles tenant services, maintenance coordination, and property operations for housing stock.
- ReturABminorWaste management partner performing needs analysis for tenant waste streams. Customizes collection containers and schedules (typically 2x weekly pickup). Handles paper, cardboard, and specialized waste.
- RecompanyminorWaste management partner for certain properties. Provides collection services and waste stream analysis with customized containers.
- KRETSstrategicJoined in 2026. A network of property owners working together to increase reuse of materials between members in the construction and real estate industry. Part of the growing group driving circular economy in the sector.
- Centrum för cirkulärt byggandestrategicCollaboration platform for resource-efficient construction. Focus on a digital marketplace for reuse of products used in renovations.
- Stockholms StadsmissionstrategicLong-standing social sustainability partnership (since 2017 as partner company). Collaboration to help refugees and support urban safety initiatives. Also art auction collaboration for fundraising.
- Sergels Torg CollaborationstrategicSafety and urban development collaboration with Stockholm Stad, AMF Fastigheter, Axfast, Gålöstiftelsen, Stena Fastigheter, Wallenstam, and Vasakronan. Extended for 3 more years in 2026 to create a safe, welcoming environment at Sergels Torg.
- Fastighetsägarna Sustainability CouncilstrategicMember of Fastighetsägarna (Swedish Property Federation) sustainability council where development of various sustainability issues is driven together with other property owners.
- ByggvarubedömningenminorUsed to ensure the best possible input materials based on environmental and social requirements, while registering what is built into properties.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Afa Properties competitors and assessment
Company assessmentRegional players
- Sveafastigheter: Swedish residential-focused property company. Comparable due to its Nordic residential investment focus, though it operates across more geographies than Stockholm-centric Afa Fastigheter.
Direct peers
- Fabege: Stockholm-focused office property company. Comparable due to its concentrated Stockholm inner-city office portfolio, active asset management approach, and emphasis on sustainability and tenant relationships.
- AMF Fastigheter: Pension-owned Stockholm property company with major holdings including Sergels Torg — a location directly adjacent to Afa Fastigheter's Hägern Större property. Direct peer as a fellow Stockholm inner-city office/retail landlord with long-term pension-fund backing.
- Stena Fastigheter: Major Swedish residential property owner active in Stockholm. Comparable as a fellow Stockholm residential landlord participating in the Sergels Torg urban safety collaboration with Afa Fastigheter.
- Wallenstam: Swedish property company with significant Stockholm holdings (including Sergels Torg collaboration). Comparable as a Stockholm-focused residential and commercial landlord with strong sustainability positioning.
- Hufvudstaden: Swedish premium property owner focused on Stockholm's most prestigious commercial locations. Directly comparable as a Stockholm inner-city office and retail landlord with a long-term, value-oriented ownership model.
- Vasakronan: Sweden's largest commercial property company with a significant Stockholm office portfolio. Comparable as a major Stockholm-focused office landlord and asset manager pursuing sustainability leadership.
Others
- Catena: Swedish logistics and commercial property company. Thematically comparable as a Swedish property owner pursuing sustainability, though its focus on logistics properties differs from Afa Fastigheter's office/hotel/residential mix.
Broad incumbents
- Castellum: One of Sweden's largest listed commercial property companies. Comparable as a broad Nordic commercial property owner with substantial Stockholm exposure, though it operates across many cities and segments.
- Heimstaden: Major European residential property company with Nordic presence. Comparable as a long-term residential landlord, though it operates across multiple geographies and segments at much greater scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Afa Properties social profiles
Digital presenceAfa Properties compliance and trust
Trust signalCompliance1 record
Afa Properties financial estimates
Financial estimateRevenue estimate
Valuation estimate
Afa Properties leadership team
Management profileNumber of profiles
Profiles6 records
Afa Properties subsidiaries and ownership
Company hierarchySubsidiaries1 record
Afa Properties funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Afa Properties M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Afa Properties
What does Afa Properties do?
Afa Properties owns, leases, and manages a portfolio of commercial, hotel, and residential real estate concentrated in Stockholm's inner city. The company provides office space to global enterprises and smaller businesses, manages hotel properties such as Scandic Anglais, and allocates residential apartments primarily through Stockholm's Bostadsförmedlingen queue system, while also offering property management services to its co-owned residential subsidiary Granit Bostad.
Is Afa Properties a public or private company?
Afa Properties is a private company. It is classified as corporate owned and is currently operating.
When was Afa Properties founded?
Afa Properties was founded in 1960. It employs 11 to 50 people.
Where is Afa Properties based?
Afa Properties is headquartered in Stockholm, Sweden, in the Europe region.
How does Afa Properties make money?
Three revenue lines are on record. Commercial Property Rental is the primary driver. The others are residential Property Rental and property Management Services.
Who are Afa Properties's main competitors?
Sveafastigheter is listed as a regional player. Direct peers are Fabege, AMF Fastigheter, Stena Fastigheter, Wallenstam, Hufvudstaden and Vasakronan. Catena is listed as an others. Broad incumbents are Castellum and Heimstaden.
Does Afa Properties have an API?
No public API is recorded for Afa Properties.
What industry is Afa Properties in?
Afa Properties's product category is Commercial and Residential Real Estate. Its primary akta.pro industry code is BPAJAMAG, Office Real Estate Asset Management, with a secondary code of BPAJAGAA, Office Property Management. Its NAICS code is 53131 and its SIC code is 6512.