Kaldnes
- Company typePrivate
- Founded1821
- HeadquartersOslo, Norway
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Kaldnes does
Glastad Eiendom (referenced under the Kaldnes asset name) is the real estate arm of Glastad, a Norwegian family-owned investment environment with roots dating to 1821. The company operates a diversified property portfolio across four verticals: industrial and logistics facilities, residential housing development, hotels, and commercial/retail/office properties. Operations are concentrated in Norway, with offices in Oslo (Cort Adelers gate 30), Farsund (Gåseholmen Brygge), and Tønsberg (Storgaten 20), and active development extending to Holmestrand along the E18 corridor.
The business model is asset-based: rental income is generated from commercial property leases (industrial, logistics, office, retail), one-time revenue comes from residential housing development projects, and revenue is also earned from hotel operations including the Hotel Savoy asset currently under renovation for a planned spring 2026 reopening. The company markets available properties directly through its website and leases/sells via its own in-house sales team, with no third-party distribution or broker channel described.
Glastad Eiendom is privately held within the Glastad family office, with no institutional investors, public shareholders, or external funding rounds disclosed. Headcount is small (12 employees), and there is no proprietary technology, app, API, or AI/ML capability described in the source material. Recent strategic activity centers on portfolio expansion: a new industrial/logistics business park along E18 in Holmestrand, the Farøy Brygge residential development, and consolidation of a joint Glastad group headquarters.
Kaldnes firmographics
Firmographics- Name
- Kaldnes
- Legal name
- Glastad Eiendom
- Website
- https://kaldnes.as
- Company type
- Private
- Founded year
- 1821
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Kaldnes industry classification
Industry- Product category
- Commercial Real Estate
- NAICS
- Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Hotels (except Casino Hotels) and Motels (721110), Lessors of Other Real Estate Property (53119), Lessors of Nonresidential Buildings (except Miniwarehouses) (53112)
- SIC
- Real Estate Dealers (For Their Own Account) (6532), Operators Of Nonresidential Buildings (6512), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE)
Keywords
Where Kaldnes is headquartered
LocationHeadquarters
- HQ city
- Oslo
- HQ country
- Norway
- HQ region
- Europe
Offices3 records
Markets served
Kaldnes business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- Commercial Property Rental: Rental income from industrial/logistics facilities, office spaces, and retail/commercial properties. Properties are offered for lease through the company's direct sales channel.
- Hotel Operations: Ownership and operation of hotel properties including Hotel Savoy (under renovation, reopening spring 2026). Revenue generated from hotel operations.
- Residential Development: Development and sale or rental of residential housing projects as part of property portfolio development strategy.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Kaldnes product offering
Product offeringCore offering
Glastad Eiendom is a Norwegian private real estate company that invests in, develops, owns, and leases a diversified property portfolio spanning industrial and logistics facilities, residential housing developments, hotel properties (including Hotel Savoy), and commercial/office real estate. The company leases properties directly to business tenants through its own offices in Oslo, Farsund, and Tønsberg, and develops residential and hotel projects as part of its long-term portfolio strategy. Revenue is generated primarily through recurring rental income, hotel operations, and the development and sale of residential projects.
Product overview
Based on the source data provided, Kaldnes is referenced only as a skyline image asset (kaldnes-skyline.jpg) associated with Glastad Eiendom, a real estate company within the Glastad family-owned investment group. No specific products, services, or product architecture details for Kaldnes as a standalone technology or product company are present in the source material.
Differentiator
Problem solved
Functional benefit
Products and services
- Industrial and Logistics Properties Industrial and logistics real estate facilities leased to companies for warehousing, manufacturing, storage, and distribution operations. Includes strategic locations such as the new business park along E18 in Holmestrand.
- Residential Housing Development Development of residential housing projects in strategic Norwegian locations, including projects such as Farøy Brygge. Units are offered for sale or rental as part of the company's long-term property portfolio strategy.
- Hotel Properties (including Hotel Savoy) Ownership and operation of hotel properties in Norway, including Hotel Savoy which is undergoing renovation with planned reopening in spring 2026. Hotels generate revenue from accommodation and hospitality services.
- Commercial and Office Properties Commercial office and retail real estate properties leased to businesses for office operations and retail purposes. Located in prime Norwegian commercial areas as part of the company's diversified property portfolio.
Companies that use Kaldnes
Customer profileSegments4 records
Ideal customer profiles4 records
Kaldnes technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Kaldnes partnerships and signals
Strategic signalScale indicators2 records
Recent moves4 records
Expansion highlights4 records
Kaldnes competitors and assessment
Company assessmentBroad incumbents
- Nordic Choice Hotels: One of the largest hotel groups in the Nordics, owning and operating hotels across Norway and Scandinavia. Comparable in the hotel operations vertical where Glastad's Hotel Savoy asset competes for guests and operational benchmarks.
- Scandic Hotels: Largest hotel operator in the Nordic region with broad presence across Norway. Comparable vertically to Glastad's hospitality operations and as a benchmark for hotel revenue per available room and operational performance in Norway.
- Olav Thon Gruppen: Norwegian family-controlled diversified real estate group owning and operating commercial, hotel, and retail properties across Norway. Comparable as a diversified Norwegian property owner-operator with multigenerational ownership, though at much larger scale than Glastad Eiendom.
- Entra ASA: Leading Norwegian owner, manager, and developer of commercial office properties, primarily in the Oslo region. Comparable as a Norwegian commercial real estate owner-operator with a focus on long-term leases and portfolio management.
- Norwegian Property ASA: Public Norwegian commercial real estate company focused on prime office and retail properties in Oslo and other Norwegian cities. Comparable as a Norwegian commercial property operator, though it is a publicly listed incumbent rather than a family-owned platform.
- Heimstaden: Large Nordic residential real estate investor and operator headquartered in Sweden with significant Norwegian exposure. Comparable as a Nordic residential-focused real estate investor, though at materially larger scale and with institutional ownership.
Direct peers
- Höegh Eiendom: Norwegian family-owned real estate investor and developer active in commercial, residential, and hotel properties across Norway. Closest direct peer given similar family-ownership structure, multi-sector Norwegian property focus, and long-term investment orientation.
- Eiendomsspar: Norwegian real estate investment company managing a diversified portfolio of office and commercial properties, controlled by the Høegh family. Comparable as a long-term family-controlled Norwegian real estate investor with a multi-asset commercial portfolio.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks4 records
Key highlights5 records
Customer concentration
Kaldnes social profiles
Digital presenceKaldnes financial estimates
Financial estimateRevenue estimate
Valuation estimate
Kaldnes leadership team
Management profileNumber of profiles
Kaldnes funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Kaldnes 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 Kaldnes
What does Kaldnes do?
Glastad Eiendom is a Norwegian private real estate company that invests in, develops, owns, and leases a diversified property portfolio spanning industrial and logistics facilities, residential housing developments, hotel properties (including Hotel Savoy), and commercial/office real estate. The company leases properties directly to business tenants through its own offices in Oslo, Farsund, and Tønsberg, and develops residential and hotel projects as part of its long-term portfolio strategy. Revenue is generated primarily through recurring rental income, hotel operations, and the development and sale of residential projects.
Is Kaldnes a public or private company?
Kaldnes is a private company. It is classified as family owned and is currently operating.
When was Kaldnes founded?
Kaldnes was founded in 1821. It employs 11 to 50 people.
Where is Kaldnes based?
Kaldnes is headquartered in Oslo, Norway, in the Europe region.
How does Kaldnes make money?
Three revenue lines are on record. Commercial Property Rental is the primary driver. The others are hotel Operations and residential Development.
Who are Kaldnes's main competitors?
Broad incumbents on record are Nordic Choice Hotels, Scandic Hotels, Olav Thon Gruppen, Entra ASA, Norwegian Property ASA and Heimstaden. Direct peers are Höegh Eiendom and Eiendomsspar.
Does Kaldnes have an API?
No public API is recorded for Kaldnes.
What industry is Kaldnes in?
Kaldnes's product category is Commercial Real Estate. Its primary akta.pro industry code is BPAJAMAE, Hospitality (Hotels & Resorts) Asset Management. Its NAICS code is 531120 and its SIC code is 6532.