AB Invest AS
AB Invest AS is a privately-held Norwegian real estate developer founded in 1985, building and owning hotels, commercial offices, residential units, and alpine ski destinations across Norway, Sweden, and Finland, with 80% ownership of Alpinco operating the Hafjell, Kvitfjell, and Oppdal resorts.
- Company typePrivate
- Founded1985
- HeadquartersOslo, Norway
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What AB Invest AS does
AB Invest AS is a privately-held Norwegian real estate development company founded in 1985 by Arthur Buchardt, headquartered in Oslo with a secondary office in Hamar. Operating with a deliberately small team of approximately 9 employees, the company develops and owns four interlocking asset classes: branded hotels, commercial office properties, residential and holiday homes, and — through its 80%-owned subsidiary Alpinco — alpine ski destinations including Hafjell, Kvitfjell, and (as of 2024) Oppdal. The portfolio spans Norway, Sweden, and Finland and includes landmark projects such as Mjøstårnet (the world's tallest timber building at 85.4 meters, Guinness World Record holder), The Hoxton Oslo (2027, with Ennismore and Møller Eiendom), Clarion Hotel Sign (Stockholm), Clarion Hotel Energy (Stavanger, Snøhetta-designed), and the master-planned residential districts Harbitzkvartalene and Drangsvann.
The company monetizes through a hybrid model: one-time revenue from the sale of residential and holiday units (over 600 and 400+ delivered historically) plus recurring rental income from long-dated triple-net hotel and commercial leases. In FY2023, turnover exceeded NOK 1.2 billion for the first time, with NOK 531M in rental income and NOK 406M contributed by Alpinco; net profit after tax was NOK 49M. Distribution is almost entirely through direct B2B partnerships with tier-1 hotel operators (Strawberry since 1991, Scandic, Ennismore, ESS Group, Frichs) and JV co-developers (Møller Eiendom, Strawberry Equity, Bane NOR Eiendom, Black Bricks Invest, Malling Investments), supplemented by project-specific microsites for residential/holiday home sales. AB Invest's technical differentiation is in sustainable construction — BREEAM-certified offices, Energy Class A buildings, and glulam timber expertise demonstrated by Mjøstårnet and replicated in Wood Hotel Bodø — rather than in digital or AI platforms; no AI/ML capability is disclosed. The business is currently led by CEO Gard Utkilen, with second-generation family member Anders Buchardt in a leadership role, and the company is controlled by the founding family.
AB Invest AS firmographics
Firmographics- Name
- AB Invest AS
- Legal name
- AB Invest AS
- Website
- https://abinvest.no
- Company type
- Private
- Founded year
- 1985
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- AB Invest AS is a privately-held Norwegian real estate developer founded in 1985, building and owning hotels, commercial offices, residential units, and alpine ski destinations across Norway, Sweden, and Finland, with 80% ownership of Alpinco operating the Hafjell, Kvitfjell, and Oppdal resorts.
- Ownership category
- akta.pro rank
AB Invest AS industry classification
Industry- Product category
- Real Estate Development
- NAICS
- Real Estate Property Managers (53131), Nonresidential Property Managers (531312)
- SIC
- Real Estate (6500), Operators Of Nonresidential Buildings (6512)
- akta.pro primary industry
- Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)
- akta.pro secondary industry
- Full-Service Vacation Rental Property Management (BPAJAIAA)
Keywords
Where AB Invest AS is headquartered
LocationHeadquarters
- HQ city
- Oslo
- HQ country
- Norway
- HQ region
- Europe
Offices2 records
Markets served
AB Invest AS business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Hotel Development and Ownership: Develops and owns hotel properties, generating rental income from hotel operators. Revenue includes property appreciation and rental income streams. Turnover NOK 1.2 billion in 2023.
- Commercial Property Development: Develops office and commercial properties for sale or lease. Properties like Fredrik Selmers vei 2 (26,000 sqm) generate rental income from tenants like Telenor Infra.
- Residential and Holiday Property Sales: Develops and sells residential apartments and holiday homes. Over 400 holiday homes and 600 residential units sold historically. Revenue from project completions.
- Alpine Destination Operations (via Alpinco): Through 80% owned subsidiary Alpinco, operates Hafjell, Kvitfjell, and Oppdal ski destinations including facilities, land development, commercial property and holiday properties. Contributed NOK 406 million revenue in 2023.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | Residential units - varies by project |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
AB Invest AS product offering
Product offeringCore offering
AB Invest AS develops and owns real estate across four product lines: hotels (developed for major Nordic operators such as Strawberry, Scandic, Ennismore, and ESS Group), commercial office properties (leased to corporate tenants including Telenor Infra), residential apartments and holiday homes (sold directly to consumers), and alpine ski destinations (operated through 80%-owned subsidiary Alpinco at Hafjell, Kvitfjell, and Oppdal). The company handles the full property lifecycle from land acquisition through development to long-term ownership and management, with a focus on sustainable construction (BREEAM and Energy Class A standards).
Product overview
AB Invest AS is a Nordic property development company specializing in hotels, alpine destinations, commercial properties, and residential developments. The company's portfolio comprises distinct product lines: Hotel Development (including internationally branded hotels like The Hoxton Oslo, Clarion Hotel Sign, and Clarion Hotel Energy, as well as собственные brands like Wood Hotel and Fýri Resort), Alpine & Holiday destinations (ski resorts at Hafjell, Kvitfjell, and Oppdal acquired in 2024, plus holiday apartment complexes), Residential Development (urban projects like Harbitzkvartalene and Drangsvann, plus individual residential complexes), and Commercial Office Properties (including the iconic Mjøstårnet timber building and various office complexes across Norway, Sweden, and Finland). The company operates through its 80%-owned subsidiary Alpinco which manages the ski resort destinations.
Differentiator
Problem solved
Functional benefit
Products and services
- The Hoxton Oslo An international lifestyle hotel in Oslo featuring 144 rooms, bars and restaurants, developed jointly with Møller Eiendom and Ennismore as the first Hoxton hotel in the Nordic region, opening in 2027.
- Wood Hotel Bodø Hotel with 145 rooms and 32 hotel apartments built using glue-laminated timber, located on Rønvikfjellet mountain with 360-degree views of Bodø, Landegode, and surrounding mountains. Includes wellness area, rooftop terrace, and outdoor pool. Achieved Energy Class A.
- Favn Hafjell Alpine village at Hafjell with 58 rental apartments and 48 holiday home condominiums designed by Reiulf Ramstad, featuring gym, sports rental, restaurant, café, and meeting rooms at the gondola's highest station 800 metres above sea level.
- Quality Hotel Skifer
Quantifiable outcome
- Mjøstårnet achieved Guinness World Record as world's tallest timber building at 85.4 meters
- +2 more outcomes
Companies that use AB Invest AS
Customer profileNamed customers8 records
Segments5 records
Ideal customer profiles5 records
AB Invest AS technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature2 records
AB Invest AS partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and major.
- AlpincocoreAB Invest owns 80% of Alpinco which operates Hafjell and Kvitfjell destinations. In 2024, Alpinco acquired Oppdal Skisenter. Alpinco contributed NOK 406 million in revenue in 2023. AB Invest increased ownership from 40% to 80% since 2012.
- Møller EiendommajorJoint development partner for The Hoxton Oslo project. Møller Eiendom is collaborating with AB Invest and Ennismore on the international hotel development in Oslo city center.
- EnnismoremajorInternational lifestyle hotel brand operating The Hoxton Oslo (opening 2027). First Ennismore hotel in the Nordic region. AB Invest and Møller Eiendom developed property for Ennismore to operate.
- Strawberry (formerly Nordic Choice Hotels)coreLong-standing partnership since 1991. Strawberry operates multiple AB Invest hotels including Clarion Hotel Sign (Stockholm), Clarion Hotel Energy (Stavanger), Quality Hotel Skifer (Oppdal), Comfort Hotel Runway (Gardermoen).
- Scandic HotelsmajorScandic operates Scandic Lerkendal (Trondheim) and Scandic Victoria Tower (Stockholm). Both are landmark properties developed by AB Invest.
- Malling InvestmentsmajorJoint development partner for Fredrik Selmers vei 2 office project in Oslo. AB Invest is majority owner with Malling as co-investor.
- ESS GroupmajorSwedish hotel operator for Fýri Resort of Hemsedal. Fýri Resort was their first hotel in Norway.
- Agate UtviklingmajorCompany responsible for housing development. Joint partner in Harbitzkvartalene project with Bane NOR Eiendom and Black Bricks Invest.
- Black Bricks InvestmajorReal estate development partner in multiple residential projects including Poppelhagen (with Gjelsten Bolig), Løvens Kolle, Løvens Hage, Harbitzkvartalene.
- Bane NOR EiendommajorRailway property developer partner in Harbitzkvartalene urban development project near Skøyen station.
- FrichsmajorHotel operator for Wood Hotel at Mjøstårnet in Brumunddal. Also operates Ilsetra Hotel Hafjelltoppen.
- Alpinco (acquisition of Oppdal Skisenter)coreIn 2024, Alpinco (80% owned by AB Invest) acquired Oppdal Skisenter from Wenaasgruppen. Alpinco plans to develop Oppdal into a year-round destination.
- Petter Stordalen's Strawberry EquitymajorJoint venture partner with Petter Stordalen's Strawberry Equity for Drangsvann residential development in Kristiansand.
Scale indicators11 records
Recent moves7 records
Expansion highlights5 records
AB Invest AS competitors and assessment
Company assessmentDirect peers
- Pandox AB: Swedish hotel property investor and operator focused on Northern European hotels. Highly comparable to AB Invest's hotel development and leasing model with operators such as Strawberry and Scandic.
- Entra ASA: Norwegian commercial real estate company focused on office buildings in Oslo and other Nordic cities. Comparable to AB Invest's commercial office segment including the Fredrik Selmers vei 2 development.
- Norwegian Property ASA: Norwegian commercial real estate company with a portfolio of office properties in Oslo. Comparable to AB Invest's commercial property leasing activities with tenants such as Telenor.
- Wallenstam AB: Swedish property developer focused on residential and commercial properties in Nordic growth regions. Comparable mixed-use Nordic development model to AB Invest's hotel, commercial, and residential pipeline.
- SkiStar AB: Leading Scandinavian ski resort operator with destinations in Sweden, Norway, and Austria. Directly comparable to AB Invest's Alpinco subsidiary operating Hafjell, Kvitfjell, and Oppdal.
- Heimstaden AB: Major Nordic residential real estate owner and developer operating across Sweden, Norway, Denmark, and Germany. Directly comparable to AB Invest's Nordic residential development activities.
Broad incumbents
- Atrium Ljungberg AB: Swedish real estate company focused on sustainable urban development across commercial and residential properties. Comparable broader Nordic mixed-use development strategy to AB Invest.
- Fastighets AB Balder: Large Swedish real estate company with diversified Nordic and European property portfolio. Broader incumbent comparable to AB Invest's Nordic real estate development model.
- Castellum AB: Swedish commercial real estate company with Nordic presence. Comparable to AB Invest's commercial office and sustainable building focus, though Castellum operates at much larger scale.
Emerging players
- Vacasa: Vacation rental management company operating mountain and ski destinations globally. Adjacent comparison to AB Invest's holiday property development through Fýri Resort and Favn Hafjell.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
AB Invest AS social profiles
Digital presenceAB Invest AS compliance and trust
Trust signalCompliance6 records
AB Invest AS financial estimates
Financial estimateRevenue estimate
Valuation estimate
AB Invest AS leadership team
Management profileNumber of profiles
Profiles3 records
AB Invest AS subsidiaries and ownership
Company hierarchySubsidiaries2 records
AB Invest AS funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AB Invest AS 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 AB Invest AS
What does AB Invest AS do?
AB Invest AS develops and owns real estate across four product lines: hotels (developed for major Nordic operators such as Strawberry, Scandic, Ennismore, and ESS Group), commercial office properties (leased to corporate tenants including Telenor Infra), residential apartments and holiday homes (sold directly to consumers), and alpine ski destinations (operated through 80%-owned subsidiary Alpinco at Hafjell, Kvitfjell, and Oppdal). The company handles the full property lifecycle from land acquisition through development to long-term ownership and management, with a focus on sustainable construction (BREEAM and Energy Class A standards).
Is AB Invest AS a public or private company?
AB Invest AS is a private company. It is classified as family owned and is currently operating.
When was AB Invest AS founded?
AB Invest AS was founded in 1985. It employs 11 to 50 people.
Where is AB Invest AS based?
AB Invest AS is headquartered in Oslo, Norway, in the Europe region.
How does AB Invest AS make money?
Four revenue lines are on record. Hotel Development and Ownership is the primary driver. The others are commercial Property Development, residential and Holiday Property Sales and alpine Destination Operations (via Alpinco).
Who are AB Invest AS's main competitors?
Direct peers on record are Pandox AB, Entra ASA, Norwegian Property ASA, Wallenstam AB, SkiStar AB and Heimstaden AB. Broad incumbents are Atrium Ljungberg AB, Fastighets AB Balder and Castellum AB. Vacasa is listed as an emerging player.
Does AB Invest AS have an API?
No public API is recorded for AB Invest AS.
What industry is AB Invest AS in?
AB Invest AS's product category is Real Estate Development. Its primary akta.pro industry code is BPAJAMAL, Real Estate Development Asset Management (Project/Construction-to-Stabilization), with a secondary code of BPAJAIAA, Full-Service Vacation Rental Property Management. Its NAICS code is 53131 and its SIC code is 6500.