What Allstad Eiendom does

Allstad AS (trading as Allstad Eiendom) is a Norwegian state-owned property management and development company headquartered at Fred Olsens gate 1, Oslo. It operates under a unique statutory mandate to manage Norway's prestegård (church farm) heritage while developing modern real estate, with all dividends flowing to Kirkebevaringsfondet (the Church Preservation Fund). The organization functions as the meeting point between heritage preservation and new development — translating centuries-old church farm assets into contemporary uses including care housing, residential, commercial, and urban redevelopment.

The company's operations span three integrated pillars: development (omsorgsboliger care housing, samfond joint ownership, by- og stedsutvikling urban development, boligutvikling residential, and næringsutvikling commercial); administration (tomtefeste leasehold, hunting and fishing rights, area rental, and commercial property leasing); and prestegård heritage stewardship (parish farms, agricultural tenancy, and forest management). A capital management unit oversees the Kirkebevaringsfondet portfolio. Allstad serves four primary customer segments: Norwegian municipalities seeking care housing, property developers and commercial tenants, agricultural tenants and outdoor-recreation users, and private property owners on leased land seeking to purchase their festetomt.

Allstad generates revenue through a hybrid model combining recurring streams (land lease fees, agricultural leases, hunting and fishing rights, commercial rental income, capital management fees) with episodic one-time income from development project sales. The company is leanly staffed at 15 employees and distributes services directly through its Oslo headquarters and a Norwegian/English website with online application forms. The corporate group includes three related entities: Granavolden Gjæstgiveri (hospitality subsidiary), Clemens Kraft (power), and Geisli Energi (energy). No public revenue, funding, or M&A figures are disclosed; the operating technology stack is a basic property administration platform with no AI/ML or API capabilities identified.

Name

Allstad Eiendom

Legal name

Allstad AS

Website

https://clemenseiendom.no

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Allstad is a Norwegian state-owned property manager and developer that stewards the national church farm heritage while building care housing, residential, and commercial real estate across Norway, serving municipalities, developers, agricultural tenants, and leasehold property owners.

Ownership category

akta.pro rank

Headquarters

HQ city

Oslo

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others

Revenue model

1. Property Management Services: Revenue from managing state-owned properties including church farms, agricultural land, forests, and commercial properties. Fees collected for land lease arrangements, rental income, and property administration services.
2. Property Development: Revenue generated from development projects including care housing (omsorgsboliger), housing development, urban development, and commercial property development. Income from property sales and new development projects.
3. Land Lease (Tomtefeste): Annual fees from land lease arrangements where Allstad as ground owner leases land to parties who have built or wish to build on the property. Revenue from transfer of lease rights and purchase of own festetomt.
4. Agricultural and Outdoor Revenue: Income from agricultural leases, hunting and fishing rights, and general land use agreements across their national property portfolio.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Allstad Eiendom is a Norwegian state-owned property management and development company. It manages and develops a nationwide portfolio that includes church farm heritage properties (prestegårder), agricultural land, forests, and commercial properties, and develops care housing (omsorgsboliger), residential, urban, and commercial real estate. The company administers leasehold land (tomtefeste), hunting and fishing rights, and agricultural tenancies, with all dividends routed to the Kirkebevaringsfondet (Church Preservation Fund).

Product overview

Allstad is a Norwegian state-owned property management and development company that operates as a unified platform managing diverse real estate services. The portfolio encompasses six core development divisions (Omsorgsboliger care housing, Samfond joint ownership, By- og stedsutvikling urban development, Boligutvikling residential development, Næringsutvikling commercial development, and Prestegårder parish farm heritage properties) alongside integrated service offerings including tomtefeste leasehold management, søknadsskjemaer application processing, jakt og fiske hunting/fishing rights, and kapitalforvaltning capital management. The company preserves parish farm heritage while creating new property values across housing, commercial, and agricultural segments nationwide.

Differentiator

Problem solved

Functional benefit

Products and services

• Omsorgsboliger (Care Housing) Development and management of care housing properties providing housing solutions for elderly people and individuals with care needs, primarily delivered to Norwegian municipalities.
• Samfond (Joint Ownership) Joint ownership arrangement for shared property development and management, enabling partners to co-own and co-manage real estate assets developed by Allstad.
• By- og stedsutvikling (Urban and Place Development) Urban and place development services that transform and develop properties and areas, including the Oslo Hospital development project in Gamlebyen.
• Boligutvikling (Residential Housing Development) Housing development projects for residential properties across Norway.
• Næringsutvikling (Commercial Property Development) Commercial property development and management services for business tenants, including new commercial development projects.
• Tomtefeste (Leasehold Land Management) Leasehold land management services, including the purchase of own leasehold plot (festetomt) and the transfer of leasehold rights (festerett) between parties.
• Jakt og fiske (Hunting and Fishing Rights) Hunting and fishing rights management and licensing services on Allstad land across Norway.
• Leie og bruk av areal (Land Rental and Area Use) Rental and use of land and area services across Allstad's nationwide land portfolio.
• Næringseiendom (Commercial Property Management and Leasing) Commercial property management and leasing services for business tenants in Allstad's commercial portfolio.
• Våre prestegårder (Parish Farm Heritage Properties) Parish farm (prestegård) heritage properties managed and preserved by Allstad, including buildings available for sale or lease.
• Ny bruk av prestegårder (New Use of Parish Farm Properties) Repurposing and new use development services for parish farm heritage buildings, adapting historic properties to contemporary uses.
• Jordbruk (Agricultural Leasing) Agricultural farming services including lease and tenancy agreements for parish farm lands.
• Skog og utmark (Forest and Outfield Management) Forest and outfield management services including timber harvesting and outfield land management on Allstad's portfolio.
• Kapitalforvaltning (Capital Management) Capital management services for the Kirkebevaringsfondet (Church Preservation Fund).

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor.

• Granavolden GjæstgiveriminorOthersGranavolden Gjæstgiveri is a subsidiary of Allstad, operating as a guesthouse and hospitality business located at Granavolden. It represents Allstad's hospitality and tourism operations within their property portfolio.
• Clemens KraftminorOthersRelated company mentioned on Allstad's website, operated under the same corporate umbrella as Granavolden Gjæstgiveri and Geisli Energi.
• Geisli EnergiminorOthersRelated energy company mentioned on Allstad's website, part of the same corporate network including Clemens Kraft and Granavolden Gjæstgiveri.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Statsbygg: Norwegian state-owned property developer and manager overseeing government buildings and cultural heritage. Most direct structural peer to Allstad — both manage state-owned real estate with heritage and operational mandates, though Statsbygg is larger and focused on government operating properties versus Allstad's church-farm and leasehold portfolio.
• Malling & Co: Norwegian commercial real estate advisory and management firm. Comparable to Allstad's forvaltning (management) operations — both provide fee-based property management, leasing, and transactional services to owners of Norwegian commercial real estate.

Emerging players

• Selvaag Bolig: Norwegian residential property developer focused on Oslo-area housing projects. Closely comparable to Allstad's boligutvikling (housing development) business but narrower in scope — limited to for-profit residential development versus Allstad's broader mixed-use and heritage mandate.

Broad incumbents

• Heimstaden: Pan-Nordic residential property owner and manager operating across Norway, Sweden, Denmark, and beyond. Comparable to Allstad's residential property management and boligutvikling segments, with broader geographic reach and a fully private/for-profit operating model.
• Entra ASA: Leading Norwegian commercial real estate company owning and managing office and workspace portfolios. Directly comparable to Allstad's næringsutvikling (commercial development) and næringseiendom (commercial property management) lines, though much larger and publicly listed.
• OBOS: Norway's largest residential housing cooperative and developer, active in boligutvikling and forvaltning at national scale. Overlaps with Allstad's residential development and property management arms, with much broader scope including banking and member services.

Regional players

• Riksbyggen: Swedish cooperative property developer and manager affiliated with building unions, operating residential and commercial real estate across Sweden. Comparable business model (cooperative/affiliated ownership, residential development, property management) to Allstad but in the Swedish market rather than Norway.
• Catena AB: Swedish logistics and commercial property company, listed on Nasdaq Stockholm. Comparable to Allstad's commercial development and leasehold-land operations from a property-owner perspective, but operates in Sweden rather than Norway and focuses on logistics real estate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/AllstadAS
• LinkedInlinkedin.com/company/allstad-eiendom
• Instagraminstagram.com/allstad.no

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

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 Allstad Eiendom