K2A

What K2A does

K2A Knaust & Andersson Fastigheter AB (publ) is a Swedish publicly-listed residential property company that develops, owns, and manages sustainable rental and student housing across more than 15 Swedish cities, including Stockholm, Gävle, Umeå, Lund, Örebro, Växjö, and Karlstad. Founded in 2013 by Johan Knaust, Christer Andersson, and Olle Knaust, and headquartered in Stockholm, the company operates a portfolio of 2,034 dwellings under management with 3,361 additional dwellings in projects and total property value of SEK 6,322 million as of Q4 2025; through external management mandates (Slättö, SPG and others) it oversees roughly 7,000 rental dwellings in aggregate.

The company's core differentiator is industrial timber construction using prefabricated volumetric wooden modules manufactured in its wholly-owned subsidiary Grännäs Trähus, which operates factories in Valdemarsvik and Gävle. All new construction is certified under the Nordic Swan Ecolabel (Svanen), a license K2A has held since 2018, and existing buildings are certified under Miljöbyggnad iDrift; in 2020 K2A became the first company in the world to classify its equity as green via a framework developed with CICERO Shades of Green, and it ranked #1 globally among listed residential companies in the 2025 GRESB sustainability benchmark. K2A also operates the BoBil electric car pool and BoBike electric cargo bike pool as resident amenities across multiple cities.

K2A generates revenue from two streams: direct residential rental income (recurring monthly rent from individual tenants and student housing occupants, supplemented by add-on charges for broadband and electricity) and fee-based property management services for external institutional owners. Distribution is primarily direct-to-consumer via the proprietary Mina Sidor rental platform and the k2a.se website, with a housing queue of 200,000+ registered persons anchoring demand. The B-share (K2A B) trades on Nasdaq Stockholm following a 2019 listing; the preference share (K2A PREF) has been listed since 2015. Capital structure includes multiple rounds of senior unsecured green bonds (SEK 500M in 2024, SEK 350M in 2025), and Scope Ratings assigns a B- credit rating with negative outlook.

Name

K2A

Legal name

K2A Knaust & Andersson Fastigheter AB (publ)

Website

https://k2a.se

Company type

Public

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

K2A Knaust & Andersson Fastigheter is a Swedish Nasdaq Stockholm-listed residential property company that develops, owns, and manages Svanen-certified sustainable rental and student housing across more than 15 Swedish cities, serving individual tenants, students, and external institutional owners.

Ownership category

akta.pro rank

Product category

Residential Real Estate (Sustainable Rental Housing)

NAICS

Lessors of Real Estate (5311), Rooming and Boarding Houses, Dormitories, and Workers' Camps (72131), Rental and Leasing Services (532)

SIC

Operators Of Apartment Buildings (6513), Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Student Housing Property Management & Leasing Operators (THAMAGAK)

akta.pro secondary industries

Student & Academic Term Monthly Housing (THAMAFAH), Student Residence Halls & Dormitory Management (On-/Near-Campus) (EDAIALAB)

Keywords

• Sustainable rental housing
• Timber construction
• Student housing Sweden
• Green real estate
• Property management services

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Rental Income: K2A generates primary revenue from renting residential apartments (rental apartments and student housing) to tenants. As of Q4 2025, the company manages 2,034 dwellings under management and has 3,361 dwellings in projects.
2. Property Management Services: K2A provides property management services to other property owners under management agreements, generating fee-based income. The company manages approximately 7,000 rental dwellings including externally managed properties.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

K2A develops, produces, and manages sustainable residential rental apartments and student housing in Sweden. Apartments are industrially produced in own timber factories as prefabricated wooden volumetric modules, Svanen-certified, and leased directly to tenants on monthly contracts. The company also provides fee-based property management services to external institutional owners and operates resident mobility services (BoBil car pool, BoBike cargo bike pool).

Product overview

K2A (Knaust & Andersson Fastigheter) is a Swedish green property company offering rental apartments and student housing across Sweden. The portfolio includes core rental housing products (Hyreslägenheter) and student housing (Studentbostäder), supplemented by mobility services including BoBil electric car pool and BoBike electric cargo bike pool. Properties are primarily Svanen-certified wooden buildings developed through the company's own factories. Key projects include existing properties in Gävle (Hinderbanan, Godisfabriken), Umeå (Roten), Stockholm (Kopiepennan, upcoming projects like Mästaren, Trätornet, Majelden), and other cities. The company also provides property management services for external owners.

Differentiator

Problem solved

Functional benefit

Brands

• BoBil: K2A's electric car pool service available to residents in several cities including Haninge, Umeå, Örebro, Gävle, Lund, Stockholm, Västerås, and Karlstad. Launched in 2018.
• BoBike
• Bosläppet

Products and services

• Hyresbostäder (Rental Apartments) Sustainable Svanen-certified rental apartments (1-4 room units, 21-73 sqm) in K2A's own timber-built properties across Swedish cities. Heat, water, and storage are included in rent; broadband and electricity are optional supplements. Targeted at individuals and families seeking sustainable urban housing.
• Studentbostäder (Student Housing) Purpose-built student apartments (typically 21-45 sqm) with full kitchen and bathroom facilities, located within walking distance of Swedish universities (e.g., Högskolan i Gävle, Umeå Universitet). Achieved 99.9% occupancy at start of autumn term 2025. Targeted at university students aged 18-30.
• BoBil (Electric Car Pool) Electric car pool service for K2A residents, available in Lund, Stockholm, Västerås, Karlstad, Gävle, Umeå, and Örebro. Residents can rent electric cars to promote sustainable mobility and reduce parking needs.
• BoBike (Electric Cargo Bike Pool) Electric cargo bike pool available to K2A residents as part of the company's sustainability strategy to promote healthy and environmentally friendly lifestyles.
• Property Management Services Fee-based property management services for external institutional property owners. K2A takes over full operational responsibility including tenant relations, maintenance, and sustainability certification. Notable clients include Slättö (999 dwellings) and Scandinavian Property Group (seven multi-family property portfolios in Stockholm). Approximately 7,000 rental dwellings are managed in total.

Quantifiable outcome

• 99.9% occupancy rate for student housing at start of autumn term 2025
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered major, minor and core.

• SlättömajorImplementation/ SI/ Consulting Partner · 28 August 2025K2A signed a new management agreement with Slättö, taking over management of 999 dwellings with approximately 50,000 sqm of residential space. This expands K2A's managed portfolio significantly.
• Scandinavian Property Group (SPG)majorImplementation/ SI/ Consulting Partner · 24 June 2025K2A signed two new management agreements with SPG for seven multi-family property portfolios in Stockholm. This expands K2A's presence in the Stockholm market through external management contracts.
• Akademiska HusmajorStrategic or Co-development Partner · 27 May 2025K2A signed an agreement with Akademiska Hus to acquire building rights in Lund, with plans to build approximately 600 student housing units on the Lund Studentkåren 4 property.
• Bopol ABminorGTM or Marketing Partner · 22 April 2025K2A became a co-owner of Bopol AB, the company behind Bostadspolitik.se and Bopolpodden platforms. These platforms are jointly run by several Swedish housing companies for industry dialogue.
• SBB (Samhällsbyggnadsbolaget)coreStrategic or Co-development Partner · 1 January 2018K2A formed a joint venture with SBB to develop building rights in Uppsala and central Västerås. The JV was established to drive detailed planning work for residential development. The partnership allowed K2A to acquire building rights from SBB for development in Västerhaninge Centrum (350 dwellings) and other locations.
• Högskolan i Gävle (University of Gävle)coreStrategic or Co-development PartnerHinderbanan student housing is located in direct connection to Högskolan i Gävle campus and Teknikparken, providing purpose-built student accommodation near the university.
• Umeå Universitet (Umeå University)coreStrategic or Co-development PartnerRoten student housing in Lilljansberget is located within walking distance of Umeå University, providing 277 student apartments for university students.
• KPMGcoreOthersKPMG conducts annual reviews of K2A's Green Equity Framework and Green Finance Framework, providing external verification of sustainability claims.
• S&P Global Ratings (formerly CICERO Shades of Green)coreOthersS&P Global Ratings (through its CICERO Shades of Green subsidiary) developed the world's first green equity framework methodology with K2A in 2020. The company assessment confirms K2A's activities are aligned with a low-carbon future.

Scale indicators8 records

Recent moves11 records

Expansion highlights7 records

Others

• Catena: Swedish listed real estate company focused on logistics properties. Not a direct residential competitor, but a relevant comparable for the Swedish listed real estate ecosystem, capital structure dynamics, and investor base.

Direct peers

• JM: Sweden's largest residential developer, building and selling apartments primarily in Swedish growth regions. Comparable in residential development pipeline, Swedish market focus, and Nasdaq Stockholm listing, though JM sells rather than rents.
• Bonava: Nordic residential developer listed on Nasdaq Stockholm, building multi-family apartments in Sweden, Germany, and the Baltics. Direct comparable in Nordic residential development scale and listing structure; differs in being a developer-seller rather than a long-term landlord.
• Wallenstam: Swedish listed residential property company developing and operating apartments primarily in Stockholm and Gothenburg. Direct comparable in residential property development, ownership, and management, with similar urban Swedish exposure and publicly listed structure.
• Akelius: European residential property company headquartered in Stockholm with a portfolio across Sweden, Germany, and other EU markets. Comparable in residential ownership and Swedish listing, with similar focus on apartment operations.
• K-Fastigheter: Swedish listed residential property company focused on developing and owning rental apartments in southern Sweden. Comparable in publicly listed Swedish residential model with a development pipeline and rental operations.

Broad incumbents

• Balder: One of Sweden's largest listed real estate companies with a mixed portfolio including residential, commercial, and hospitality. Comparable as a major Nasdaq Stockholm listed real estate operator with broad property exposure and capital market activity.
• Heimstaden: Largest residential property owner in the Nordics with a portfolio spanning Sweden, Denmark, Norway, Germany, Czechia, and the Netherlands. Overlaps with K2A in Swedish residential ownership but operates at much greater scale and across multiple geographies.
• SBB (Samhällsbyggnadsbolaget): Major Swedish real estate company with significant residential exposure and historical partnerships with K2A on JV developments (Uppsala, Västerås). Comparable in Swedish residential/commercial real estate and public listing, though much larger and broader.

Emerging players

• BoKlok: Skanska and IKEA joint venture producing prefabricated sustainable wood-based housing across the Nordics and Europe. Closest technology parallel to K2A's Grännäs Trähus timber volumetric construction, focused on affordable sustainable housing.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@k2a-fastigheter
• Facebookfacebook.com/k2afastigheter
• LinkedInlinkedin.com/company/authwall
• Instagraminstagram.com/k2afastigheter

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about K2A