FinansGruppen Eiendom

What FinansGruppen Eiendom does

FinansGruppen Eiendom AS (FG Eiendom) is a privately held Norwegian property developer and project management firm established in 1988 and headquartered in Kristiansund. The company operates as a nationwide real estate developer spanning both residential (bolig) and commercial/industrial (næring) segments, with active projects in markets including Kristiansund, Oslo, Bergen, Ålesund, Trondheim, Molde, Larvik, Porsgrunn, and Mo i Rana. Its portfolio includes apartment buildings, single-family residential developments, student housing, holiday cabins, office campuses, shopping centers, logistics centers, and industrial parks. Notable projects include the 600,000 m2 Herøya Industripark with Oslo Pensjonsforsikring, the 130,000 m2 Kristiansund Næringspark with Kristiansund Kommune, the 55,000 m2 Vikan Næringspark with Norsea Group, and the 25,000 m2 Oslo Business Park (with Siemens). Operational property assets such as F13 Campus (5,076 m2) and Technoport Kvernberget (2,000 m2) provide recurring rental income.

The firm's core operating model is project origination, partnership structuring, and development oversight rather than direct construction. Projects are typically executed through joint ventures with financial partners (Orkla Eiendom, Wenaas Eft. AS, Wenaas Kapital, SpareBank 1 Nordmøre, Helgeland Sparebank, Oslo Pensjonsforsikring), construction contractors (Betonmast), and end-user partners (Coop, Siemens, Studentsamskipnaden på Vestlandet). The company is jointly owned by a consortium of five holding companies — TRAA Holding AS (37.45%), Haugnes AS (37.45%), Mags Holding AS (12.36%), ANSA Holding AS (6.37%), and OBU Holding AS (6.37%) — with no institutional VC or PE investment. A wholly owned subsidiary, FG Prosjekt, handles project development, and the firm jointly manages Raufoss Næringspark as a shared services entity.

Revenue is generated through two primary streams: (1) one-time property development and sale of residential and commercial real estate (apartments, townhouses, shopping centers, industrial parks), and (2) recurring rental income from owned office spaces (Fosnagata 13, Industriveien 7, Technoport Kvernberget) in Kristiansund. Marketing is conducted through the company's own website fgeiendom.no, project-specific microsites, the Finn.no real estate marketplace, and Facebook. The firm operates with a lean 1-10 employee team, leveraging its partnership network to deliver a project portfolio and geographic footprint disproportionate to its size. Revenue figures are not publicly disclosed.

Name

FinansGruppen Eiendom

Legal name

FinansGruppen Eiendom AS

Website

https://fgeiendom.no

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

1–10 employees

Short description

FinansGruppen Eiendom AS is a Norwegian property developer headquartered in Kristiansund that originates and co-develops residential and commercial real estate projects nationwide via joint ventures with institutional, corporate, and municipal partners, complemented by recurring rental income from owned office assets.

Ownership category

akta.pro rank

Headquarters

HQ city

Kristiansund

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Development and Sales: FG Eiendom generates revenue through development and sale of residential and commercial properties including apartments, housing developments, shopping centers, and industrial parks.
2. Property Rental and Leasing: The company manages and rents out office spaces including locations at Fosnagata 13 (Kristiansund), Industriveien 7 (Kristiansund), and Technoport Kvernberget.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

FinansGruppen Eiendom is a nationwide Norwegian property developer that conceives, develops, and manages residential and commercial real estate projects. Its portfolio spans apartments, student housing, holiday cabins, office campuses, industrial and logistics parks, and shopping centers across Norway, supplemented by recurring rental of commercial office space in the Kristiansund area.

Product overview

FinansGruppen Eiendom (FG Eiendom) is a nationwide Norwegian property developer established in 1988, headquartered in Kristiansund. The company operates a portfolio of residential (bolig) and commercial/industrial (næring) property development projects across Norway. Their core offerings include: (1) residential development projects including apartments, single-family homes, and student housing; (2) commercial and industrial property development including office campuses (F13 Campus), trading/retail parks, and logistics centers; (3) property management and administration services for owned properties; and (4) rental of commercial office spaces. Projects are typically executed through joint ventures with partners including Orkla Eiendom, Wenaas Eft. AS, SpareBank1 Nordmøre, and others.

Differentiator

Problem solved

Functional benefit

Products and services

• F13 Campus
• Kristiansund Næringspark
• Technoport Kvernberget
• Bruhagen Panorama
• Denja Hage
• Kanalveien 98
• Fagervikplassen
• Kronstad Fabrikkgaten
• Damsgårdsveien 70
• Havbris
• Kontorlokaler - Fosnagata 13
• Industriveien 7
• Technoport Kvernberget (Rental)

Quantifiable outcome

• Projects span entire Norway with significant developments in major cities

Named customers4 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

Nine partnerships are on record, tiered notable, key and minor.

• ProfiernotableStrategic or Co-development PartnerListed as a collaboration partner on the About Us page. Profier is a local company involved in various property development projects with FG Eiendom.
• OrklakeyStrategic or Co-development PartnerMajor Norwegian conglomerate involved in multiple property projects with FG Eiendom including Møre Eiendom, Havbris, Denja Hage, and various Eiendom Nordvest properties.
• BetonmastnotableImplementation/ SI/ Consulting PartnerConstruction contractor partner for projects including Årølia Vest in Molde.
• CoopnotableStrategic or Co-development PartnerCooperative retail company involved in shopping center development including Horisont Kjøpesenter.
• Kristiansund KommunekeyStrategic or Co-development PartnerLocal municipality collaborating on Kristiansund Næringspark development (130,000 m2 site) and other local projects.
• Ziko HoldingnotableStrategic or Co-development PartnerPartner in Helgeland Handelspark development (13,000 m2).
• Norsea GroupnotableStrategic or Co-development PartnerPartner in Vikan Næringspark development (55,000 m2 industrial).
• Hustad HoldingminorStrategic or Co-development PartnerListed as collaboration partner on About Us page.
• Studentsamskipnaden på VestlandetnotableStrategic or Co-development PartnerStudent welfare organization collaborating on Damsgårdsveien 70 project (130 student housing units) in Bergen.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• AF Gruppen: Norwegian construction and property development group with both residential and commercial projects. Comparable as a Norwegian real estate developer, though with much broader construction contracting operations.
• Veidekke: Major Nordic construction and real estate developer with significant Norwegian property development operations. Comparable as a residential/commercial developer, though operates as a large public conglomerate with broader scope.
• Skanska Norge: Norwegian arm of Swedish construction/real estate giant Skanska. Comparable as a large-scale Norwegian residential and commercial developer, though with significantly broader scope and resources.
• Entra ASA: Norwegian commercial real estate company specializing in office buildings. Comparable as a Norwegian office property operator and developer, though focused exclusively on commercial and at much larger scale.

Direct peers

• OBOS: Norway's largest residential housing cooperative and developer, with nationwide residential project pipelines. Directly comparable to FG Eiendom as a Norwegian residential property developer, though at much larger scale.
• Block Watne: Norwegian residential developer (subsidiary of Bonum) building single-family homes and apartments nationwide. Directly comparable segment focus and Norwegian geographic footprint.
• Malling & Co: Norwegian commercial real estate advisor and developer. Comparable commercial property focus and Norwegian footprint; both appear as FG Eiendom partners and operate in the same office/retail segments.
• Selvaag Bolig: Oslo-listed Norwegian residential property developer with active project pipeline across major Norwegian cities. Closest public-market comparable for FG's residential development business.

Others

• Orkla Eiendom: Real estate arm of Orkla ASA and a JV partner of FG Eiendom across multiple projects. Comparable as a Norwegian property investor/developer and a direct counterparty in FG's deal flow.

Regional players

• Wenaasgruppen: Norwegian family-owned real estate investment group active in commercial and residential development. Direct JV partner with FG on multiple projects (Kanalveien 98, Fagervikplassen, MidtMoa) and comparable in business model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 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 FinansGruppen Eiendom