What RELOG AS does

RELOG AS is a privately held Norwegian commercial real estate company headquartered in Trondheim that acquires, develops, owns, and manages commercial properties focused on warehousing, logistics, and light industry across Scandinavia (Norway, Sweden, Denmark). The company was formed on July 1, 2021 through the merger of NHP Eiendom AS and Login Eiendom AS, both with roots in Central Norwegian real estate development tracing back to 2006; its shareholders historically include Reitan Eiendom AS, Ursus Eiendom AS, Persson Norge, Heglund Holding, Bai AS, and the Fritt Ord Foundation. RELOG operates a portfolio of 70+ properties including 25 business parks, totaling over 800,000 sqm of gross building area and a development land bank exceeding 5,000,000 sqm (including options), positioning it as a purpose-built specialist at strategic Scandinavian transportation hubs.

The company operates three core product lines: (1) Property Development and Sales, executing build-to-lease and build-to-sell projects for enterprise tenants; (2) Business Park Ownership and Management, operating 25 næringsparker with recurring rental income; and (3) the Arcturus proprietary AI software platform for building energy management, which has demonstrated near 90% energy reduction on individual components at pilot facilities and is being deployed across REMA Distribusjon Norge's distribution hubs. The company also offers ESG-aligned sustainable property development services and urban transformation project management.

RELOG's business model combines recurring rental income from investment properties (gross rental income grew 10% in 2025) with one-time property development and land sale revenues, distributed through direct B2B sales and long-term leases with large enterprise and government tenants. Reported FY2025 results include profit before tax of NOK 1.1 billion and operating profit after interest of NOK 318 million (up 41% year-over-year). Key tenants include REMA 1000, Oslo Police District, Alliance Healthcare, Lede, Megaflis, XL-Bygg/MalProff (Mestergruppen), Volvo Maskin Service, and KSB Norge; the company employs approximately 25 staff and is led by CEO Christian Wist with a full C-suite (CFO, CCO, CPO, CDO, CIO) and a board chaired by Trond Mellingsæter.

Name

RELOG AS

Legal name

RELOG AS

Website

https://relog.no

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

RELOG AS is a privately held Norwegian commercial real estate developer and landlord specializing in warehousing, logistics, and light industrial properties across Scandinavia, operating 70+ properties and 25 business parks with over 800,000 sqm of building area, plus the proprietary Arcturus AI energy management platform.

Ownership category

akta.pro rank

Product category

Commercial Real Estate

NAICS

Lessors of Miniwarehouses and Self-Storage Units (53113)

SIC

Real Estate Dealers (For Their Own Account) (6532), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Commercial Real Estate Asset Management (BPAJAMAB)

Keywords

• Commercial real estate
• Logistics property development
• Warehouse leasing
• Business park management
• Industrial property investment

Headquarters

HQ city

Trondheim

HQ country

Norway

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Rental Income from Investment Properties: RELOG generates recurring rental income from its portfolio of 70+ commercial properties across Norway, Sweden, and Denmark. Gross rental income grew 10% in 2025. Properties include warehousing, logistics facilities, light industrial buildings, business parks, shopping centres, and commercial properties.
2. Property Development and Sales: RELOG develops commercial real estate projects and sells land plots and completed buildings to tenants and buyers. Examples include sale of land plot to Lede for development of a regional power center, and development of buildings for XL-Bygg, MalProff, and Megaflis.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

RELOG acquires, develops, and manages commercial real estate properties focused on warehousing, logistics, and light industry at strategic transportation hubs across Scandinavia. The company owns 70+ properties and 25 business parks spanning over 800,000 sqm of building area across Norway, Sweden, and Denmark, with a development land bank exceeding 5 million sqm. Properties are either leased to large enterprise tenants or sold as developed assets or land plots.

Product overview

RELOG AS is a Scandinavian commercial real estate company offering a unified portfolio of property services centered around warehousing, logistics, and light industry properties. The core offering consists of property development, business park ownership/management (25 parks, 70+ properties), and the proprietary Arcturus AI energy management platform. The company also provides sustainable property development services incorporating ESG methodologies. RELOG operates across Norway, Sweden, and Denmark with a combined building portfolio exceeding 800,000 sqm and a development land bank of over 5,000,000 sqm.

Differentiator

Problem solved

Functional benefit

Products and services

• Arcturus AI Energy Management Platform AI-powered software platform developed by RELOG for energy management in buildings. Integrates various AI solutions to optimize energy consumption, achieving nearly 90% energy reduction on individual components at pilot distribution facilities.
• Business Parks (Næringsparker) RELOG owns and develops 25 business parks across Scandinavia with over 70 commercial properties, focused on warehousing, logistics, and light industry at central transportation hubs.
• Property Development Services Development and construction of commercial properties including warehouses, logistics facilities, light industrial buildings, shopping centers, and urban transformation projects for enterprise tenants and property buyers.
• Commercial Property Leasing Leasing of purpose-built commercial properties to enterprise tenants across Scandinavia, generating recurring rental income with 10% growth in gross rental income in 2025.
• Sustainable Property Development ESG-focused property development incorporating sustainability methodologies aligned with the UN's 17 sustainable development goals, focusing on ecological, economic, and social sustainability across the portfolio.

Quantifiable outcome

• Gross rental income increased by 10% in 2025
• +3 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature1 record

Partnerships

Four partnerships are on record, tiered core and minor.

• REMA Distribusjon Norge AScoreStrategic or Co-development Partner · 1 January 2024Strategic partnership between RELOG and REMA Distribusjon Norge to implement RELOG's Arcturus AI software platform across all REMA distribution hubs in Norway. The collaboration aims to reduce energy consumption and costs at distribution facilities. Pilot project at Vagle facility demonstrated near 90% energy reduction on individual components, with estimated annual savings of 500,000 kWh per facility.
• Veidekke AScoreOthersVeidekke engaged as main contractor for development projects including Megaflis store at Sandmoen (6,137 sqm) and XL-Bygg/MalProff building at Sandmoen (3,000 sqm). Veidekke is responsible for construction execution across multiple RELOG development projects.
• DNB NæringsmeglingminorChannel Partner/ Reseller/ DistributorDNB Næringsmegling acted as RELOG's advisor in the process for the Megaflis store development project at Sandmoen, Trondheim.
• Reitan Eiendom AScoreStrategic or Co-development PartnerOne of the original founding shareholders of RELOG's predecessor companies (NHP Eiendom and Login Eiendom). Reitan Eiendom AS was a co-founder of both Nordiske Handelsparker AS (2006) and Login Eiendom AS (2011), which merged to form RELOG in 2021. Reitan is also the parent of REMA 1000, RELOG's largest tenant.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• NP3 Fastigheter: Swedish-focused commercial real estate company with a heavy concentration in logistics, industrial and retail properties in northern Sweden. Comparable to RELOG in tenant base (logistics and retail), asset type, and Nordic market focus.
• Kungsleden AB: Swedish commercial real estate company with diversified office, logistics/industrial and retail properties across Sweden. Comparable to RELOG in property type mix (logistics/light industry exposure) and Nordic commercial real estate development.
• Sagax AB: Nordic-listed real estate company specializing in industrial, warehouse and logistics properties across Sweden, Finland, Denmark and selected European markets. Comparable in core asset class (warehouse/logistics) and Scandinavian/Nordic tenant focus.
• Entra ASA: Norwegian commercial real estate company owning and developing office and warehouse/logistics properties across Norway. Comparable to RELOG in Norwegian geographic focus and B2B commercial real estate development model.
• Wihlborgs Fastigheter: Swedish commercial real estate company focused on properties in the Öresund region (Malmö, Copenhagen, Lund, Helsingborg) with substantial logistics and industrial holdings. Comparable to RELOG in warehousing/logistics focus and Nordic cross-border presence (Sweden/Denmark).
• Catena AB: Swedish-listed logistics and warehouse real estate specialist owning a Nordic portfolio of strategically located distribution properties. Highly comparable to RELOG in asset class focus, geographic market (Sweden/Scandinavia) and B2B logistics tenant base.
• Castellum AB: Sweden's largest listed commercial real estate company with significant logistics, warehouse and light industrial exposure across the Nordics. Comparable to RELOG in property type mix (warehousing/logistics/light industry) and Scandinavian geographic footprint, though broader in scope.

Broad incumbents

• Prologis: Global logistics real estate REIT with significant presence across Europe including the Nordics. Comparable to RELOG in core asset class (modern logistics/warehouse) and enterprise tenant focus, though vastly larger and more geographically diversified.
• Olav Thon Eiendomsselskap: Large privately held Norwegian real estate group with a broad portfolio spanning retail, office and logistics properties. Comparable to RELOG in Norwegian commercial real estate focus and direct B2B tenant model, though much larger and more diversified.
• Samhällsbyggnadsbolaget i Norden AB (SBB): Nordic real estate company with significant logistics, warehouse and commercial property exposure across Sweden and the Nordics. Comparable to RELOG in Nordic commercial real estate footprint, though broader and currently focused on restructuring.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/relog-as

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

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 RELOG AS