What Tema Eiendom does

Tema Eiendom AS is a Gjøvik-headquartered commercial real estate developer, long-term landlord and asset manager focused on the Innlandet region of Norway, with selective expansion into the Østlandet secondary market. The group operates a portfolio of 141 properties totalling 432,821 m² of managed area, a 523-decare land bank, and a stated long-term strategic target of NOK 1 billion in annual rental income. Operating activity is executed through a wholly owned acquisition subsidiary (Tema Næringsbygg AS) and a 50/50 joint venture with Bane NOR Eiendom (Innlandet Næringsutvikling AS), with a 30% stake in Lillehammer Science Park AS alongside Bane NOR Eiendom and LiKE.

The revenue model is built primarily on long-tenor commercial property leases (e.g. 15+5+5-year build-to-suit terms with industrial tenant Ovun, whole-building leases with public-sector tenants such as Nav, and long-term contracts with SpareBank 1 Østlandet, Telenor, Bertel O. Steen, Byggmakker, AniCura and Skogplanter Østnorge), supplemented by property and land disposals, build-to-suit project development fees, and modest transactions from a circular-economy reuse warehouse (Gjenbrukslager) in Brumunddal. Core products are organised around three pillars — Ledige lokaler (available premises), Prosjektutvikling (custom build-to-suit development, including BIM-based construction with contractors such as Betonmast Innlandet and Veidekke Entreprenør) and Ledige tomter (development plots) — with tenant-facing value-adds including the TEMA Flex meeting-room pool across Gjøvik, Lillehammer and Hamar and the Temafondet community-grant program.

Underlying technology is oriented around sustainable building delivery rather than software: BIM-based design, the Kvist documentation platform, BREEAM-NOR Outstanding delivery capability (Parkgata 8-10 is only the second project in Norway to achieve this under v6.0), BREEAM In-Use 'Very good' certification across multiple office assets, an integrated ESG data platform (Varig Sustainability Software tied to building meters), and an in-house reuse warehouse for circular material flows. Go-to-market is direct enterprise field sales led by an in-house Utleiedirektør, Eiendomsforvalter utleie and Prosjektutvikling og Marked directorate, supplemented by the self-serve 'Ledige lokaler' catalogue and broker partnerships (Innlandet Næringsmegling, Union, Fearnley Securities) for major acquisitions and disposals.

Name

Tema Eiendom

Legal name

TEMA EIENDOM AS

Website

https://temaeiendom.no

Company type

Public

Founded year

1987

Operating status

Operating

Headcount range

11–50 employees

Short description

Tema Eiendom AS is a Gjøvik-based commercial real estate developer and long-term landlord operating 141 properties and 432,821 m² of managed area in Norway's Innlandet region, generating recurring rental income from enterprise tenants via direct leases and build-to-suit project development.

Ownership category

akta.pro rank

Product category

Commercial Real Estate

NAICS

Real Estate Property Managers (53131), Nonresidential Property Managers (531312)

SIC

Real Estate (6500), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Association Maintenance, Vendor & Capital Project Management (BPAJAHAM)

akta.pro secondary industry

Hospitality (Hotel) Property Management (BPAJAGAG)

Keywords

• Commercial real estate leasing
• Property development services
• Build-to-suit construction
• Sustainable commercial buildings
• Commercial property management

Headquarters

HQ city

Gjøvik

HQ country

Norway

HQ region

Europe

Offices10 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Long-term commercial property leasing (rental income): Core revenue driver — Tema Eiendom and its subsidiary Tema Næringsbygg AS earn recurring rental income from a portfolio of 141 commercial properties (432,821 m² managed area) leased to tenants such as Bertel O. Steen, Byggmakker, SpareBank 1, Telenor, AniCura, Ovun, Nav, Skogplanter Østnorge, etc. Long lease terms (e.g., 15+5+5 years with Ovun; whole-building leases with public-sector tenants) provide cash-flow visibility. Strategic target of NOK 1 billion in annual rental income.
2. Property and land disposals (asset sales): One-time gains from selling individual properties or development land (e.g., makeskifte/land-swap with Innlandet fylkeskommune on Lillehammer with sale gain recognized in 2025 accounts; long-term land bank of 523 daa held for future development).
3. Project development / build-to-suit services: Revenue from developing and constructing new buildings on spec or on behalf of tenants, including turnkey delivery of bespoke facilities (AniCura dyreklinikk, Ovun factory, Parkgata 8-10, Lillehammer/Gjøvik Science Park). Fees are typically embedded in lease terms and acquisition economics.
4. Reuse materials trading via Gjenbrukslager: Modest revenue line from selling surplus interior components and materials from the reuse warehouse to tenants and external buyers (e.g., Trofè AS purchased glass partition walls) — aligned with circular-economy objectives.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels8 records

Core offering

Tema Eiendom AS is a commercial real estate developer, owner and asset manager headquartered in Gjøvik, Norway. It owns and manages a portfolio of 141 commercial properties covering 432,821 m² of lettable area, holds a 523 daa land bank, and develops, leases and manages BREEAM-certified office, retail and light-industrial buildings for enterprise tenants across the Innlandet region. Core revenue is generated from long-term triple-net commercial leases, supplemented by build-to-suit project development, asset disposals and a circular-economy reuse materials service.

Product overview

Tema Eiendom AS is a commercial real estate developer, lessor and asset manager headquartered in Gjøvik, Innlandet (Norway), operating as an integrated platform of three tightly coupled offerings. The core is its property portfolio (141 properties, 432,821 m² managed area, 523 daa land bank) under the Eiendom brand, comprising Ledige lokaler (vacant premises leasing), Prosjektutvikling (custom build-to-suit project development) and Ledige tomter (available development plots). On top of the core real-estate platform, Tema runs tenant-facing value-add modules including TEMA Flex (an exclusive Mjøs-region meeting-room pool for tenants) and the Gjenbrukslager reuse-warehouse service supporting circular-economy construction. The group operates through specialized subsidiaries and joint ventures, notably Tema Næringsbygg AS (acquisition vehicle for cash-flow-secure commercial assets including Olrudgruppen AS, Gjerluvegen 3, Øverbygdsvegen 48 and Industrivegen 24) and Innlandet Næringsutvikling AS (50/50 JV with Bane NOR Eiendom for larger mixed-use developments such as Brumunddal city district, Gjøvik Science Park and Lillehammer Science Park). Community-facing programs include the Temafondet grant fund and the annual TEMA-konferansen sustainability conference. The entire platform is delivered under a unified sustainability strategy with BREEAM-NOR / BREEAM In-Use certification targets, district-heating conversion and circular material flows.

Differentiator

Problem solved

Functional benefit

Brands

• TEMA Flex: Exclusive meeting-room pool service for TEMA Eiendom tenants, with locations around Lake Mjøsa (Lillehammer, Hamar, Gjøvik and others). Tenants can book fully equipped meeting rooms across multiple cities as part of their lease.
• Temafondet

Products and services

• Commercial Property Leasing (Ledige lokaler) Long-term leasing of commercial premises (offices, retail, light-industrial, workshops) across Tema Eiendom's 141-property portfolio to enterprise tenants such as SpareBank 1 Østlandet, Telenor, Bertel O. Steen, Byggmakker, Nav, Ovun, AniCura and Skogplanter Østnorge. Typical lease tenor is multi-year (e.g., 15+5+5 years), with sustainability-linked clauses.
• Project Development / Build-to-Suit (Prosjektutvikling) Custom design, construction and delivery of commercial buildings tailored to specific tenant requirements, with sustainability certifications (BREEAM-NOR, energimerke A) built in. Includes site selection, BIM-based design, leasing structure and handover. Examples include the ~2,300 m² BREEAM-NOR Ovun factory at Rudshøgda and the AniCura Gjøvik Dyreklinikk veterinary clinic.
• Available Development Plots (Ledige tomter) Sale or long-term lease of developable commercial plots from Tema Eiendom's 523 daa land bank in the Innlandet region for build-to-suit commercial construction.
• TEMA Flex (Meeting Room Pool) Tenant-exclusive self-service booking platform (mitt.temaeiendom.no) that gives Tema Eiendom tenants access to fully equipped meeting rooms across the Mjøs region (Gjøvik, Lillehammer, Hamar), with code-based entry, modern AV equipment and digital booking screens. Bundled into the lease agreement.
• Gjenbrukslager (Reuse Warehouse) Circular-economy service operated from a warehouse in Brumunddal that stores surplus materials (insulation, timber, glass walls, office furniture, paint) from Tema's projects, with inventory tracked in Tema's systems so tenants and external buyers can check availability and purchase reused components.

Named customers13 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

13 partnerships are on record, tiered minor, core and flagship.

• Kema Holding AS / Hijo Holding AS (familien Olrud)minorOthers · 1 April 2026Sellers of 100% of the shares in Olrudgruppen AS (8 commercial properties, ~40,000 m² BTA, ~NOK 61 million annual rent) in Innlandet Handelspark, Nydal. Two experienced Olrud staff transfer with the deal; takeover effective 1 April 2026. Innlandet Næringsmegling and Union were the advisors.
• Innlandet Science Park (InSP)coreStrategic or Co-development Partner · 19 March 2026Collaboration partner via Innlandet Næringsutvikling AS (Tema Eiendom / Bane NOR JV) to develop the Gjøvik Science Park — InSP signed the intensjonsavtale with NTNU i Gjøvik; Anette Melby (InSP) spoke at the TEMA Conference 2026 on 'Økosystem for innovasjon'.
• Ringsaker kommunecoreStrategic or Co-development Partner · 19 March 2026Public-sector development partner — purchased a 4-daa plot from Tema / Bane NOR JV (Innlandet Næringsutvikling AS) for a new rådhus at Brumunddal. Ove Gjesdal from Ringsaker kommune is a featured speaker at the TEMA Conference on municipal growth and infrastructure.
• Skogselskapet i Oppland / Skogselskapet i Oslo og AkershusminorOthers · 1 December 2025Sellers of 100% of the shares in Øverbygdsvegen Eiendom AS (15,679 m² buildings on 215,376 m² of land at Biri), enabling Tema Næringsbygg AS to take over ownership and the long-term lease with Skogplanter Østnorge AS effective 1 December 2025.
• Lillehammer Kommunale Eiendomsselskap (LiKE)coreStrategic or Co-development Partner · 1 January 202520% co-owner (with Bane NOR Eiendom 50% and Tema Eiendom 30%) of the Lillehammer Science Park AS — vehicle developing the planned 23,000 m² science-park building in Lillehammer (construction start planned 2026). Audun A. Amdahl, daglig leder i LiKE, is publicly cited welcoming Tema into the consortium.
• Bane NOR Eiendom ASflagshipStrategic or Co-development Partner · 1 January 202450/50 joint-venture partner in Innlandet Næringsutvikling AS (used to develop Gjøvik Science Park and the Brumunddal transit-hub district). Also 50/50 co-owner of the Parkgata 8-10 mixed-use project on Gjøvik (BREEAM-NOR Outstanding) and partner in the Lillehammer Science Park, where Tema took a 30% ownership stake (vs Bane NOR's 50% and LiKE's 20%) for the planned 23,000 m² building.
• Betonmast InnlandetcoreImplementation/ SI/ Consulting PartnerTotalentreprenør (turnkey contractor) for the Parkgata 8-10 project on Gjøvik. Delivered BREEAM-NOR Outstanding under v6.0 — only the second project in Norway to do so — and was publicly thanked at the Byutviklingsprisen ceremony for 'trygg og presis gjennomføring på en kompleks tomt'. Has also worked on earlier TEMA projects and the company is described as a preferred partner.
• Veidekke Entreprenør AS (Bygg Indre Østlandet)coreImplementation/ SI/ Consulting PartnerTotalentreprenør on the Ovun factory at Rudshøgda (15+5+5-year build-to-suit lease) and on the AniCura Gjøvik Dyreklinikk (energimerke A BIM-bygg). Ovun praised the three-party collaboration (Ovun, Tema, Veidekke) as 'avgjørende' for on-time, on-budget delivery. Uses local subcontractors (Veidekke Bygg Indre Østlandet has ~120 staff).
• Eidsiva BioenergicoreTechnology or IntegrationFramework partner for conversion of Tema's ~50 buildings to renewable district heating (fjernvarme). Has agreement covering buildings where electric heating is currently used; supplements with smaller local fjernvarme suppliers where Eidsiva does not deliver. 26 buildings / 120,000 m² already connected, with the full building mass targeted for renewable energy by 2030.
• Norconsult AScoreImplementation/ SI/ Consulting PartnerMulti-purpose partner: tenant at Parkgata 6 (relocating to make room for SpareBank 1 Østlandet); consultant engaged on planning processes and the TEMA Conference agenda; and fagkonsulent who helped develop the conference content. Speaker at the TEMA Conference.
• NTNU i GjøvikcoreStrategic or Co-development PartnerSigned a one-year intensjonsavtale (letter of intent) to explore the future of the Gjøvik Science Park as the academic / research anchor; described by Bjørnar Håkensmoen, daglig leder of Innlandet Science Park, as 'avgjørende' to the project.
• Temafondet recipient organizations (e.g., Gjøvik Skiklubb, Lillehammer CK, Moelv IL Friidrett, Gjøvik Rideklubb, Varde IL, Brumunddal Atletklubb, Gjøvik Gym og Turnforening, Lillehammer FK, Uroa Uteanlegg, Fotballaget Fart, Gjøvik Demenskor, Musicals i Gjøvik, Vingar IL, Vang Skiløperforening)minorGTM or Marketing PartnerTemafondet — Tema Eiendom's annual community-grant fund — distributes around NOK 295,000 per year (2024) to local clubs and associations in the Mjøsregion for sustainable projects. Recipient roster for 2025 includes 14 named organizations covering sports, culture, environment and care.
• Grønn ByggallianseminorOthersTema Eiendom joined Grønn Byggallianse as part of its sustainability commitment — referenced in the company timeline as a milestone.

Scale indicators18 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Entra ASA: Oslo-listed Norwegian commercial real estate company focused on office and workspace leasing. Comparable to Tema as a Norwegian CRE lessor, though Entra is much larger and concentrated in the Oslo region rather than Innlandet.
• Norwegian Property ASA: Oslo-listed Norwegian commercial real estate company owning and managing a portfolio of high-quality office properties. Directly comparable business model — long-lease commercial properties to investment-grade tenants — though Norwegian Property is concentrated in Oslo CBD.
• Pareto Eiendom: Norwegian unlisted real estate company that invests in and develops commercial properties across Norway. Closely comparable scale and business model to Tema, with a similar focus on cash-flow-secure commercial assets and value-add development.
• Malling & Co Forvaltning: Norwegian commercial property management and asset management firm with a regional office footprint including Innlandet. Comparable service offering (CRE asset management, leasing, ESG reporting) and a similar Nordic tenant base.

Regional players

• Catena AB: Swedish listed logistics and commercial real estate company focused on Nordic supply-chain properties. Comparable as a Nordic CRE landlord with sustainability targets and long-term tenant leases, though with a logistics rather than mixed-commercial focus.
• Atrium Ljungberg AB: Swedish listed commercial real estate company focused on urban development and mixed-use properties with a strong sustainability profile. Comparable as a Nordic CRE developer/landlord combining long-term ownership, ESG focus and joint-venture-style development — but operating in Swedish urban markets.
• Castellum AB: Sweden's largest listed commercial real estate company, focused on office, logistics and retail properties in the Nordics. Comparable as a Nordic CRE platform with a strong sustainability strategy (EU Taxonomy, green financing), though Swedish rather than Norwegian.
• Heimstaden AB: Swedish-headquartered residential and commercial real estate company with significant Nordic and European presence. Comparable Nordic CRE platform with a sustainability-linked financing model, though primarily residential rather than commercial.

Broad incumbents

• KLP Eiendom: Real estate arm of KLP, Norway's largest pension company, owning a large Norwegian commercial property portfolio. Comparable institutional landlord with strong ESG focus and sustainability-linked reporting, though operating at much larger scale and broader geography.
• Olav Thon Eiendomsselskap: One of Norway's largest privately-held real estate groups, with a nationwide portfolio of commercial and retail properties. Broadly comparable as a Norwegian commercial landlord and developer, though vastly larger and more geographically diversified than Tema.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/temaeiendom
• LinkedInlinkedin.com/company/tema-eiendom-as

Compliance11 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries3 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 Tema Eiendom