Westerlinds
Westerlinds is a Swedish private real estate owner, manager, and developer headquartered in Härnösand, operating ~100,000 sqm of commercial space and ~800 rental apartments along the Norrland coast, with an active pipeline of new condominium and villa developments in Härnösand, Umeå, and Örnsköldsvik.
- Company typePrivate
- Founded1989
- HeadquartersHärnösand, Sweden
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Westerlinds does
Westerlinds is a Swedish private real estate ownership, management, and development company headquartered in Härnösand with offices in Umeå and Örnsköldsvik, operating along the Norrland coast. Its core business spans three areas: (1) commercial property rental across approximately 100,000 sqm of office, retail, warehouse, and mixed-use space — including landmark redevelopments such as the Tobaks building (a former tobacco factory turned coworking and office hub) and Graf (a 40 mkr-renovated shopping and meeting center jointly owned with Härnösands Kommunfastigheter); (2) residential rentals and ownership of roughly 800 apartments held primarily through the Westerlinds Residensia AB vehicle launched in March 2024 with Svensk Bostadsinvest and Altira; and (3) property development and new construction sales, including condominium projects (Bellevue in Örnsköldsvik, Sälstens Udde in Härnösand), mountain resort housing in Vemdalen and Åre, and a turnkey house resale channel for A-hus across Norrland. Revenue is generated from recurring rental income (commercial and residential subscriptions), one-time development and condominium sales, and transaction fees from A-hus resales.
Westerlinds firmographics
Firmographics- Name
- Westerlinds
- Legal name
- Westerlind Fastigheter
- Website
- https://westerlinds.nu
- Company type
- Private
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Westerlinds is a Swedish private real estate owner, manager, and developer headquartered in Härnösand, operating ~100,000 sqm of commercial space and ~800 rental apartments along the Norrland coast, with an active pipeline of new condominium and villa developments in Härnösand, Umeå, and Örnsköldsvik.
- Ownership category
- akta.pro rank
Westerlinds industry classification
Industry- Product category
- Real Estate Services
- NAICS
- Real Estate Property Managers (53131), Lessors of Residential Buildings and Dwellings (53111), Lessors of Nonresidential Buildings (except Miniwarehouses) (53112), Lessors of Real Estate (5311)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Real Estate Operators (No Developers) & Lessors (6510), Land Subdividers & Developers (No Cemeteries) (6552), Operators Of Nonresidential Buildings (6512)
- akta.pro primary industry
- Multifamily Apartment Property Management (BPAJAFAA)
- akta.pro secondary industry
- Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)
Keywords
Where Westerlinds is headquartered
LocationHeadquarters
- HQ city
- Härnösand
- HQ country
- Sweden
- HQ region
- Europe
Offices3 records
Markets served
Westerlinds business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales
Revenue model
- Commercial property rentals: Westerlinds earns rental income from approximately 100,000 sqm of commercial space including offices, retail, and warehouse properties across Härnösand, Umeå, Örnsköldsvik, and other Norrland locations. Major commercial tenants include government agencies, retail chains, and SMEs.
- Residential rentals: Westerlinds manages approximately 227 rental apartments across Umeå, Härnösand, and Örnsköldsvik. Residential rental income is recurring, collected monthly from tenants. Some residential properties are managed through partner Grannstaden.
- Property development and new construction sales: Westerlinds generates revenue through the development and sale of new residential projects including condominiums (bostadsrätter), single-family homes, and housing plots. Projects include Bellevue (Örnsköldsvik), Sälstens Udde (Härnösand), and various completed projects in Vemdalen, Åre, and Härnösand.
- A-hus house sales (reseller): As the Norrland representative/dealer for A-hus (Sweden's third-largest house supplier, part of Derome Group), Westerlinds acts as a channel partner selling turnkey houses throughout Norrland, focusing on the expansive Norrland coast.
Go-to-market motion2 records
Distribution channels5 records
Marketing channels8 records
Westerlinds product offering
Product offeringCore offering
Westerlinds owns, manages, and develops residential and commercial real estate primarily along Sweden's Norrland coast, including Härnösand, Umeå, and Örnsköldsvik. The company manages approximately 100,000 sqm of commercial space across offices, retail, and warehouse properties, plus residential rentals. It also develops new residential projects (condominiums, villas, housing plots), revitalizes historic urban properties, and acts as the Norrland reseller for A-hus turnkey houses.
Product overview
Westerlinds is a property management and development company operating along the Norrland coast (Härnösand, Umeå, Örnsköldsvik) and in mountain resort areas (Vemdalen, Åre, Timrå). The company operates across three core business areas: (1) Westerlind Fastigheter — property management of approximately 100,000 sqm of residential and commercial spaces across 31 properties, including subsidiary brands Westerlinds Residensia AB (residential housing company launched 2024) and Westerlind Bostäder AB; (2) Westerlind Utveckling — land development and new residential project execution, managing a pipeline of development projects including Sälstens Udde (Härnösand, 2026–2027), Bellevue (Örnsköldsvik, 2025–2026), Solhöjden (Timrå, pending), and completed projects such as Bryggaren Strand, Solbacksvillorna, and the Vemdalen portfolio; (3) Westerlind Försäljning — new production sales of villas and holiday homes, including acting as A-hus reseller for Norrland. Notable managed properties include Tobaks (a redeveloped tobacco factory turned into a mixed-use office/coworking hub in Härnösand) and Graf (a renovated shopping and meeting center, formerly Prisma). The company also holds stakes in joint ventures with Härnösands Kommunfastigheter for centrum development.
Differentiator
Problem solved
Functional benefit
Products and services
- Commercial and Office Property Leasing
- Residential Apartment Rentals
- Real Estate Development and New Construction
- A-hus Norrland Turnkey Houses
- Westerlinds Residensia AB Residential Housing
Quantifiable outcome
- ~100,000 sqm of commercial space managed
- +3 more outcomes
Companies that use Westerlinds
Customer profileNamed customers11 records
Ideal customer profiles3 records
Westerlinds technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Westerlinds partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- A-huscoreWesterlinds is the official A-hus representative/dealer in Norrland. A-hus (part of the Derome Group, Sweden's third-largest house supplier) appointed Westerlinds to offer totalentreprenad (turnkey house construction) throughout Norrland, with a primary focus on the expansive Norrland coast (Skellefteå, Sundsvall, Umeå, Örnsköldsvik). The partnership leverages Westerlinds' established local contractor network.
- House BecoreHouse Be is the coworking operator that occupies significant space in the Tobaks building (Härnösand) and the former newspaper printing press in Örnsköldsvik. House Be expanded significantly in Tobaks in 2021–2022 (~50 additional workspaces, 10-year lease). The coworking concept originally started as 'HINK' and became part of the national House Be brand. Westerlinds and House Be collaborate on creating flexible workspace communities in secondary Swedish cities.
- Bünsow Business Growth ForumminorWesterlinds is an Official Partner in the Bünsow Business Growth Forum, a growth arena focused on future optimism, attraction, and increased growth in the region. This is a marketing and networking partnership that positions Westerlinds within a business community platform.
- Cesam ÖvikminorCesam Övik is a merchants' association that brings together businesses for a vibrant and dynamic Örnsköldsvik. Westerlinds is listed as a partner, contributing to the commercial ecosystem development in the city.
- HÄR Handel och MötenminorHÄR Handel och Möten AB is a commercial association formed from the merger of Handelsplats Härnösand and Köpmannaföreningen. It advocates for the development of commerce in Härnösand and represents member company interests. Westerlinds is a partner in this association.
- RISE (Research Institutes of Sweden)minorWesterlinds has a strategic collaboration with RISE in their 'The Pink' initiative at Scharinska Villan in Umeå. RISE is using the historic building (owned by Westerlinds/Nordiska Centruminvest) for research and innovation activities, with Westerlinds providing the property and RISE providing research expertise.
- Härnösands Kommunfastigheter ABcoreHärnösands Kommunfastigheter AB (a subsidiary of the municipal housing company Härnösandshus) co-owns several center properties with Westerlinds. Notable joint projects include the Graf (formerly Prisma) shopping center renovation (40 mkr co-investment) and the Telegrafen properties on Storgatan. The partnership began formally in 2019 with the formation of Härnösand Handel AB, which is 50% owned by Härnösands Kommunfastigheter.
Scale indicators6 records
Recent moves9 records
Expansion highlights6 records
Westerlinds competitors and assessment
Company assessmentDirect peers
- K2A Knaust & Andersson Fastigheter AB: Swedish residential real estate company with a portfolio of owned and managed apartments, primarily in the Stockholm region but expanding nationally. Comparable business model of owning and developing residential rental housing with active property management.
- Arwidsro Fastighets AB: Swedish real estate company active in Norrland markets (directly transacted with Westerlinds in 2022 property exchange). Comparable mid-size player focused on residential and commercial properties in similar geographies.
- NP3 Fastigheter AB: Swedish listed real estate company with a portfolio concentrated in northern Sweden, including Norrland cities. Comparable in scale and regional focus to Westerlinds, with a similar mix of commercial and residential properties in smaller markets.
- Diös Fastigheter AB: Swedish listed real estate company focused on growth cities in northern Sweden (including Norrland). Holds a mixed commercial and residential portfolio across medium-sized cities with a similar urban revitalization strategy, making it the closest direct peer to Westerlinds.
Broad incumbents
- Wallenstam AB: Major Swedish real estate company focused on residential and commercial properties, primarily in Stockholm and Gothenburg. Broader geographic footprint and substantially larger scale, but overlapping in residential development and property management capability.
- Catena AB: Swedish listed real estate company specializing in logistics, warehouse, and commercial properties. Comparable property ownership and asset management approach, though focused on logistics rather than mixed-use urban real estate.
- Heimstaden AB: Largest Nordic residential property company with a diversified portfolio across Sweden, Denmark, Norway, Germany, and the Netherlands. A broad incumbent in residential rentals and development with much greater scale and geographic diversification than Westerlinds.
- Stena Fastigheter AB: Major Swedish residential real estate company with a portfolio of rental apartments and student housing concentrated in growth regions. Comparable residential rental and management model, but at significantly larger scale and broader geography.
- Vasakronan AB: Sweden's largest commercial property company with offices, retail, and logistics assets. Comparable commercial property management and urban redevelopment capability, but operating at much larger scale with a national footprint.
Emerging players
- Sveafastigheter AB: Swedish residential property company with a portfolio focused on Swedish urban areas. Comparable residential rental ownership model, though smaller and more geographically concentrated than major incumbents like Heimstaden or Wallenstam.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Westerlinds social profiles
Digital presenceWesterlinds financial estimates
Financial estimateRevenue estimate
Valuation estimate
Westerlinds leadership team
Management profileNumber of profiles
Profiles6 records
Westerlinds subsidiaries and ownership
Company hierarchySubsidiaries4 records
Westerlinds funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Westerlinds 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 Westerlinds
What does Westerlinds do?
Westerlinds owns, manages, and develops residential and commercial real estate primarily along Sweden's Norrland coast, including Härnösand, Umeå, and Örnsköldsvik. The company manages approximately 100,000 sqm of commercial space across offices, retail, and warehouse properties, plus residential rentals. It also develops new residential projects (condominiums, villas, housing plots), revitalizes historic urban properties, and acts as the Norrland reseller for A-hus turnkey houses.
Is Westerlinds a public or private company?
Westerlinds is a private company. It is classified as family owned and is currently operating.
When was Westerlinds founded?
Westerlinds was founded in 1989. It employs 11 to 50 people.
Where is Westerlinds based?
Westerlinds is headquartered in Härnösand, Sweden, in the Europe region.
How does Westerlinds make money?
Four revenue lines are on record. Commercial property rentals are the primary driver. The others are residential rentals, property development and new construction sales and A-hus house sales (reseller).
Who are Westerlinds's main competitors?
Direct peers on record are K2A Knaust & Andersson Fastigheter AB, Arwidsro Fastighets AB, NP3 Fastigheter AB and Diös Fastigheter AB. Broad incumbents are Wallenstam AB, Catena AB, Heimstaden AB, Stena Fastigheter AB and Vasakronan AB. Sveafastigheter AB is listed as an emerging player.
Does Westerlinds have an API?
No public API is recorded for Westerlinds.
What industry is Westerlinds in?
Westerlinds's product category is Real Estate Services. Its primary akta.pro industry code is BPAJAFAA, Multifamily Apartment Property Management, with a secondary code of IMAFABAL, Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities). Its NAICS code is 53131 and its SIC code is 6531.