What VarmdöHousing does

VärmdöBostäder AB is a Swedish municipal housing company (allmännyttigt bostadsbolag) that owns and manages approximately 2,200 rental apartments, 1,600 parking spaces and 100 commercial premises across 15+ residential areas in Värmdö municipality, Stockholm County. Founded in 1950 as Stiftelsen Gustavsbergs bostäder and incorporated as a limited company in 1994, it has grown from its original 19 rental houses into a diversified residential portfolio spanning central Gustavsberg, Hemmesta, Ingarö, Mörtnäs, Charlottendal/Farstadal, Stavsnäs and Djurö, including targeted product lines for youth (≤30 sqm, ages 18-25), seniors (65+), and trygghetsboende (security housing). Ownership is split 51% by Värmdö kommun and 49% by Rikshem, an arrangement established in 2015 that is atypical for municipal housing companies.

The company's product surface combines physical housing assets with a digital tenant portal ("Mina sidor", Mobile BankID-authenticated) supporting fault reporting, laundry booking, parking applications, internal queue management, invoice handling and profile updates, plus a 24/7 chatbot. Distribution is mediated entirely through Stockholms bostadsförmedling for vacant apartments, with an internal queue (internkö) for existing tenants who have held contracts for at least 12 months; short-term contracts (max 4 years, 1-month notice) are used for renovation evacuations.

Revenue is generated primarily through residential rental income set via annual negotiations with Hyresgästföreningen, supplemented by recurring parking and commercial rent streams. The company employs approximately 30 staff across management, property maintenance, grounds keeping, administration and finance. Recent activity (Brunn C, 132 units, 2023; Stavsnäs Gärde stamrenovering, 2024-2026; Satsning Kullsvedsvägen; Munkmoralyftet; Lugnet permit, 2026) reflects a portfolio-upgrade and modest expansion strategy supported by EU energy-efficiency grants and Klimatinitiativet participation, with the company reporting less than 2% fossil-fuel use in operational energy and 34-44% energy reductions in retrofitted properties.

Name

VarmdöHousing

Legal name

VärmdöBostäder AB

Website

https://varmdobo.se

Company type

Private

Founded year

1950

Operating status

Operating

Headcount range

11–50 employees

Short description

VärmdöBostäder AB is a publicly owned Swedish municipal housing company that owns, manages and rents approximately 2,200 apartments, 1,600 parking spaces and 100 commercial premises in Värmdö municipality, serving residents of Stockholm County through Stockholm's housing queue.

Ownership category

akta.pro rank

Product category

Public Residential Housing

NAICS

Lessors of Real Estate (5311), Rental and Leasing Services (532)

SIC

Operators Of Apartment Buildings (6513)

akta.pro primary industry

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)

Keywords

• Residential property rental
• Public housing management
• Apartment rentals
• Commercial property leasing
• Parking space rental

Headquarters

HQ city

Gustavsberg

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Residential Rental Income: The company generates revenue primarily through rental income from approximately 2,200 apartments across Värmdö municipality. Rent levels are set through annual negotiations between the landlord and the Swedish Tenants' Union (Hyresgästföreningen).
2. Commercial Property Rental: The company owns and rents out approximately 100 commercial spaces (lokaler) in varying sizes across its residential areas, providing a secondary revenue stream.
3. Parking Space Rental: The company manages approximately 1,600 parking spaces (bilplatser) rented to tenants on a monthly basis.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

VärmdöBostäder owns, manages, and rents approximately 2,200 residential apartments across 15+ residential areas in Värmdö municipality, Stockholm County. The portfolio includes youth apartments (under 30 sqm, ages 18–25), senior and trygghetsboende (safety housing for 65+), standard family apartments, approximately 1,600 parking spaces, and around 100 commercial premises. Apartment allocation is handled through Stockholms bostadsförmedling and an internal tenant transfer queue, with rents set via annual negotiations with Hyresgästföreningen.

Product overview

VärmdöBostäder AB is a publicly owned (51% Värmdö Municipality, 49% Rikshem) residential housing company managing approximately 2,200 rental apartments, 1,500 parking spaces, and 100 commercial premises across Värmdö municipality. The digital product portfolio consists of the tenant self-service portal 'Mina sidor' (for maintenance requests, laundry booking, parking management, invoice viewing, and queue management) and an around-the-clock chatbot for automated assistance and fault reporting. Apartments are distributed via Bostadsförmedlingen i Stockholm and an internal queue for existing tenants. The company also offers short-term rental contracts for apartments pending renovation, youth apartments, senior apartments, and security housing. Physical property management services include climate-smart renovation projects, new construction (e.g., Brunn C completed 2023, Lugnet approved 2026), and ongoing area improvement initiatives such as Munkmoralyftet and Satsning Kullsvedsvägen.

Differentiator

Problem solved

Functional benefit

Products and services

• Bostäder (Rental Housing) Approximately 2,200 rental apartments across Värmdö municipality, ranging from studios (1 rok) to 4-room units, located in central Gustavsberg, Hemmesta, Ingarö, Mörtnäs, Charlottendal/Farstadal, Stavsnäs, and Djurö. Distributed primarily through Stockholms bostadsförmedling with rents negotiated annually with Hyresgästföreningen.
• Parkering (Parking) Approximately 1,500–1,600 parking spaces across all residential areas, rented monthly to tenants (up to two spaces per household), available with or without engine heater. Some areas offer carport or garage spots. Management is integrated with the Mina sidor tenant portal.
• Lokaler (Commercial Premises) Approximately 100 commercial premises of varying sizes across VärmdöBostäder's residential areas, available for rent to businesses and organizations. Interest inquiries are handled via a business plan form submitted to [email protected].
• Ungdomslägenheter (Youth Apartments) Studio apartments (1 rok, ≤30 sqm) targeted at applicants aged 18–25. Stock is distributed across multiple areas including Rutens väg, Björnskogsvägen, Björkåsvägen, Mäster Palms väg, Hästhagsvägen, and Markörplan/Markörstigen, managed through Stockholms bostadsförmedling.
• Trygghetsboende och Seniorbostäder (Security Housing and Senior Apartments) Trygghetsboende (safety housing) for residents aged 65+ at Kullsvedsvägen in Hemmesta, allocated through Värmdö Municipality's Trygghetskö. Senior apartments (65+) at Bygdevägen Hemmesta and Mäster Palms väg Ingarö, distributed through Bostadsförmedlingen without need for a municipal care decision.
• Korttidsavtal (Short-Term Rental Contracts) Short-term rental agreements for apartments scheduled for future renovation. Contracts run with 1-month mutual termination notice for up to 4 years maximum, without renewal or conversion rights, used to facilitate tenant evacuation during major renovation projects.
• Klimatsmart renovering (Climate-Smart Renovation Services) Large-scale renovation projects focused on energy efficiency and decarbonization across the existing housing portfolio. Scope includes facade upgrades, window replacement, balcony renovation, solar panel installation, heat-recovery ventilation (FX systems), and exhaust air heat pump installation. Combined energy savings across two projects reached 1,554 MWh, equivalent to approximately 93 tonnes of CO2 equivalents.

Quantifiable outcome

• 44% lower energy consumption at Skyttevägen after renovation
• +3 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

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

• Sveriges Allmännytta (Swedish Public Housing Association)coreStrategic or Co-development PartnerVärmdöBostäder participates in Sveriges Allmännytta's Klimatinitiativ (Climate Initiative), which aims for a fossil-free public housing sector and a 30% reduction in energy use by 2030. The company submits annual climate data for inclusion in the association's collective climate report.
• Stockholms bostadsförmedling (Stockholm Housing Exchange)coreChannel Partner/ Reseller/ DistributorStockholms bostadsförmedling manages the housing queue through which VärmdöBostäder distributes all available apartments. The exchange also handles the legacy Värmdö queue for applicants who registered before 2014.
• Dygnet Fastighetsjour (24/7 Property Emergency Service)minorImplementation/ SI/ Consulting PartnerDuring the summer period (June 17 - September 3), VärmdöBostäder outsources its property emergency response to Dygnet Fastighetsjour. The company handles urgent calls for incidents that cannot wait until the next business day, such as water leaks, toilet blockages, electrical faults, or other serious problems risking property damage.
• Tempest Störningsjour (Noise Disturbance Service)minorImplementation/ SI/ Consulting PartnerVärmdöBostäder has an agreement with Tempest for handling noise disturbance calls from tenants. Tempest operates evenings and nights, Sunday to Thursday from 22:00 and Friday to Saturday from 23:00, until 06:00 in the morning.
• Byggvarubedömningen (Building Product Assessment Scheme)minorStrategic or Co-development PartnerVärmdöBostäder uses Byggvarubedömningen (Building Product Assessment) in its construction and renovation projects to ensure sustainable product choices.
• Värmdö Kommun (Värmdö Municipality)majorStrategic or Co-development PartnerVärmdö Kommun owns 51% of VärmdöBostäder and collaborates on community development initiatives including housing provision, the Munkmoralyftet improvement project (involving police and Hyresgästföreningen), and the Trygghetskö (safety housing queue) for residents over 65.

Scale indicators10 records

Recent moves11 records

Expansion highlights5 records

Direct peers

• Stockholmshem: Municipal housing company wholly owned by Stockholms stad, managing ~78,000 apartments under the same allmännyttan public-housing model. Operates in the same Stockholm regional market with similar rent-negotiation dynamics, tenant queue distribution, and public-mission mandate, making it the closest structural comparable to VärmdöBostäder.
• Svenska Bostäder: Stockholm municipal housing company managing ~28,000 apartments on Kungsholmen and adjacent central districts. Shares the same allmännyttigt bostadsbolag status, Hyresgästföreningen rent-negotiation framework, and Stockholms bostadsförmedling distribution channel as VärmdöBostäder.
• Familjebostäder: Stockholm municipal housing company with ~22,000 apartments across the inner city. Operates the same public-housing model with identical regulatory exposure and distribution mechanics, making it a near-perfect structural peer despite serving a more central Stockholm geography.

Broad incumbents

• Akelius Foundation: Major European residential property owner with significant Swedish holdings concentrated in Stockholm and other major cities. Comparable in residential rental product and geographic overlap but pursues a value-add repositioning strategy that contrasts with VärmdöBostäder's public-mission approach.
• Willhem AB: Swedish residential property company (owned by AP Fastigheter/First AP Fund) with ~30,000 apartments across 15 Swedish municipalities including Stockholm region. Comparable in residential rental model and Swedish tenant base, with similar focus on sustainability upgrades — though materially larger and not municipality-owned.
• Heba Fastighets AB: Stockholm-focused listed residential property company with ~7,000 apartments in Greater Stockholm. Targets similar urban-suburban rental demand in the same region but as a private for-profit operator without municipal ownership or rent-negotiation constraints — useful benchmark for unconstrained market rents in the same geography.
• Rikshem: Sweden's third-largest residential property owner (~50,000+ homes) and the 49% owner of VärmdöBostäder itself. Comparable in operating model (residential rental) and tenant base (Swedish renters, including senior housing), though materially larger and more geographically diversified. Provides a direct benchmark for valuation and capital efficiency.
• Wallenstam AB: Swedish listed residential and commercial property company with ~28,000 apartments primarily in Gothenburg and Stockholm. Overlaps with VärmdöBostäder on residential rental product and Stockholm exposure, but operates under private-market rent levels (not Hyresgästföreningen constraints) and pursues new development at scale.
• Heimstaden: Sweden's largest private residential property company (~161,000 homes across Europe). Comparable in offering (long-term residential rental) and Swedish tenant segments, but operates at vastly greater scale, across multiple countries, and with a different capital structure (Wallenberg-backed). Provides a ceiling reference for potential scale.

Regional players

• Micasa Fastigheter: Stockholm municipal senior housing company managing ~7,000 units of senior-specific housing. Comparable to VärmdöBostäder's trygghetsboende and senior apartment offerings and shares the allmännyttan municipal mandate, but is exclusively focused on the 65+ cohort rather than general residential.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/playlist?list=PLMUBwBQtwEOh3OBapX2r-cHEAz20YA9yS

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 VarmdöHousing