What Klövern does

Klövern AB is a Swedish residential real estate development company headquartered at Kungsgatan 5 in Stockholm and listed on Nasdaq Stockholm (sto:KLOV-B), founded in 2002. The company develops newly constructed bostadsrätter (tenant-owned condominiums) and hyresrätter (rental apartments) across Sweden, with active projects in Stockholm and surrounding municipalities (Nacka, Tyresö, Sundbyberg, Solna, Järfälla, Huddinge, Sollentuna, Vallentuna), as well as Uppsala, Västerås, Linköping, Gothenburg, and Norrtälje. As of the data window, Klövern reports a building rights portfolio of approximately 19,000 apartments, 600 rental apartments under management, and 63 active development projects (41 bostadsrätt plus 22 hyresrätt projects). FY2025 segment revenue was SEK 1,663.3 million with 70 employees.

Klövern's product is differentiated primarily through sustainability credentials rather than technology. Multiple projects hold BREEAM-SE Excellent or BREEAM-SE Outstanding certification, the Träklippan project in Henriksdal/Nacka achieves the highest BREEAM level with a construction-phase climate footprint of 95 kg CO2 per sqm BTA (74% below Boverket's proposed limit of 375 kg CO2 per sqm BTA), and the Square Garden Hyresrätter renovation in Kista is Stockholm's first Svanenmärkt renovation project. The company also offers a proprietary Trygghetspaket buyer protection package covering double housing costs for up to 6 months, delayed occupancy protection for 3 months, contract cancellation rights in family-death scenarios, and a 5-year construction warranty. Distribution combines a direct-to-consumer website (klovern.se) with bostadsväljare apartment selector tool, commissioned real estate agents (Fastighetsbyrån, Mäklarhuset, Fantastic Frank, HusmanHagberg, Notar, Länsförsäkringar) for bostadsrätt sales, and an exclusive partnership with the HomeQ rental platform for hyresrätt distribution.

Klövern's business model is bifurcated: bostadsrätt sales generate one-time revenue recognized at upplåtelseavtal, with a structured buyer payment flow of SEK 25,000 booking fee, SEK 100,000 pre-construction payment, and 10% final payment, while the ~600 hyresrätt units generate recurring monthly rental income. Customers are Swedish individual buyers and tenants served via a product-led growth model with digital interest registration as the primary lead capture funnel. Recent capital allocation has been offensive: June 2026 land acquisition in Fiskebäck (~130 coastal homes with ready detailed plan) and a Solna direct allocation (~700 homes), supported by the May 2026 appointment of Frida Göransson as CFO. The company is closely associated with main shareholder Corem Property Group, which provides capital backing for large-scale urban development.

Name

Klövern

Legal name

Klövern AB

Website

https://klovern.se

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

Klövern is a Swedish residential real estate developer building sustainable new construction bostadsrätter (condominiums) and hyresrätter (rental apartments) across Stockholm, Uppsala, Gothenburg, and other Swedish cities, operating a 19,000-apartment building rights pipeline.

Ownership category

akta.pro rank

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Bostadsrätt sales (new construction apartment sales): Revenue generated from the sale of newly constructed bostadsrätt (tenant-owned apartments). Customers purchase apartments through a structured process: interest registration, sales launch, booking agreement (25,000 SEK), pre-construction contract (100,000 SEK), and final agreement (10% of price). Revenue is recognized upon transfer of occupancy rights (upplåtelseavtal).
2. Hyresrätt rentals (rental apartment management): Revenue generated from renting newly constructed apartments under hyresrätt (rental) tenure. The company manages approximately 600 rental units in operation and distributes them via HomeQ portal and Uppsala Bostadsförmedling. Rental income is recurring on a monthly basis.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Klövern develops and sells/rents newly constructed residential apartments in Swedish urban growth regions. The company offers two primary products: bostadsrätter (condominiums sold to individual buyers) and hyresrätter (rental apartments managed under recurring tenancy). Across a portfolio of 41 bostadsrätt and 22 hyresrätt projects in cities including Stockholm, Uppsala, Göteborg, Västerås, and Linköping, Klövern also provides a proprietary Trygghetspaket buyer protection package covering double housing costs, delayed occupancy, and warranty coverage.

Product overview

Klövern is a Swedish residential development company offering two primary housing products: bostadsrätter (condominium apartments for purchase) and hyresrätter (rental apartments). The company also provides a Trygghetspaket (safety package) for homebuyers that includes protections against double housing costs, delayed occupancy, and death-in-family contingencies, along with guarantees for housing associations. Klövern develops properties across Sweden, including Stockholm, Uppsala, Gothenburg, Västerås, and other regions, with a portfolio spanning over 60 named project developments at various stages from planning to completion.

Differentiator

Problem solved

Functional benefit

Products and services

• Bostadsrätter (Condominium Apartments) Newly constructed apartments sold as tenant-owned condominiums to individual buyers through a structured purchase process (interest registration, booking, pre-construction contract, final occupancy agreement) across 41 projects in Swedish cities including Stockholm, Uppsala, Västerås, Linköping, Göteborg, and others. Available unit sizes range from studios (~28-30 sqm) to 6-room apartments.
• Hyresrätter (Rental Apartments) Newly constructed apartments available for rent (hyresrätt tenure) under recurring monthly tenancy, distributed via the HomeQ rental platform and Uppsala Bostadsförmedling. Approximately 600 rental units in active operation across 22 projects in Swedish urban centers, ranging from youth/small apartments (1 rok, ~27-55 sqm) to family-sized units (up to 4-5 rok).
• Trygghetspaketet (Safety Package) A proprietary buyer protection package for bostadsrätt purchasers that includes double housing cost protection for up to 6 months if the buyer's existing home does not sell, delayed occupancy protection for up to 3 months, contract cancellation rights in case of family death, 5-year construction warranty, 2-year appliance and surface warranty, and rent guarantee for unsold commercial premises up to 2 years after completion.

Quantifiable outcome

• Träklippan's climate footprint in the construction phase is 95 kg CO2 per sqm BTA, compared to Boverket's proposed limit of 375 kg CO2 per sqm BTA — 74% below the proposed threshold.
• +2 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered core and minor.

• HomeQcoreChannel Partner/ Reseller/ DistributorKlövern distributes all its hyresrätt (rental) apartments through the HomeQ platform (homeq.se), a third-party rental housing portal. HomeQ serves as the primary channel for rental applicant management and apartment matching. Some Uppsala projects also use Uppsala Bostadsförmedling, the municipal housing matching service.
• White ArkitektercoreStrategic or Co-development PartnerWhite Arkitekter is the architect for the Träklippan project in Henriksdal, Nacka, which achieves BREEAM-SE Outstanding certification with a climate footprint of 95 kg CO2 per sqm BTA. The collaboration focuses on climate-profiled, timber-based residential construction with shared mobility facilities.
• E/S-A ArkitektercoreStrategic or Co-development PartnerE/S-A Arkitekter is the architect for the Kärrtorp project (238 units, BREEAM-SE Excellent) and the Peg project in Tyresö (145 rental units), and the Birdie project (78 units). The partnership focuses on BREEAM-certified residential development in attractive Stockholm-area locations.
• Enskede RackethallminorStrategic or Co-development PartnerThe Bägersta byväg project (344 units) in Enskede is developed in collaboration with Enskede Rackethall, enabling the development of the site while supporting the expansion of the existing racket sports facility. This joint development enables urban renewal while preserving community sports infrastructure.
• Nordiska GallerietminorGTM or Marketing PartnerFor the Viridum project in Telefonplan, buyers receive access to Nordiska Galleriets interior design atelier: a personal interior design consultation valued at 15,000 SEK plus 50,000 SEK in credit for furniture and interior purchases. Limited to the first 25 customers who sign förhandsavtal after November 3, 2025.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Bonava: Bonava is a Nordic residential developer building bostadsrätter and hyresrätter across Sweden, Germany, and the Baltics. Its Swedish operations overlap directly with Klövern's Stockholm, Uppsala, and Gothenburg footprint, serving similar first-time-buyer and family segments.
• Riksbyggen: Riksbyggen is a Swedish cooperative housing developer that develops new bostadsrätt and hyresrätt projects nationwide, including in the Stockholm metro. It competes for similar first-time-buyer and senior segments as Klövern.
• JM AB: JM is Sweden's largest residential developer, focused primarily on new-construction bostadsrätt and hyresrätt apartments in Stockholm, Gothenburg, Uppsala, and other Swedish growth regions — a direct match to Klövern's product mix, geography, and buyer profile.
• Wallenstam: Wallenstam develops and manages residential properties — both bostadsrätt and hyresrätt — concentrated in the Stockholm and Gothenburg regions. Closely comparable to Klövern in tenure mix, geography, and BREEAM/sustainability positioning.
• Heimstaden (Sweden): Heimstaden is a major European residential investor with a sizable Swedish rental portfolio and ongoing residential development. Comparable on the hyresrätt rental side and on long-duration Swedish urban housing exposure.

Regional players

• Stena Fastigheter: Stena Fastigheter is a Swedish residential developer and landlord focused on the Stockholm metro area, developing new rental and tenant-owned apartments. Strong overlap with Klövern's Stockholm-centric product mix.

Others

• Corem Property Group: Corem is Klövern's main shareholder and a Swedish property company focused on commercial and residential assets. While a strategic owner rather than a direct competitor, Corem's residential strategy and balance-sheet relationship directly shape Klövern's capital and pipeline.

Broad incumbents

• Skanska (Residential Development): Skanska's residential development business (BoKlok and Skanska Nya Hem) develops new Swedish apartments for both sale and rent, overlapping Klövern's bostadsrätt and hyresrätt offerings as part of Skanska's much larger global construction portfolio.
• NCC (Residential): NCC is a major Swedish construction and property group with a residential development arm building new homes across Sweden. It is a broader incumbent with overlapping product but a wider portfolio spanning commercial, infrastructure, and civil works.
• Peab (Residential): Peab is one of Sweden's largest construction groups with a residential development arm that develops new bostadsrätt and hyresrätt apartments across Swedish growth regions, comparable in product offering though embedded within a broader contracting business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/klovernab
• LinkedInlinkedin.com/company/kl-vern-ab
• Instagraminstagram.com/klovernab

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments2 records

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

Frequently asked questions about Klövern