Pecunia Forvaltning AS

Name

Pecunia Forvaltning AS

Legal name

Pecunia AS

Website

https://pecunia.no

Company type

Private

Founded year

1985

Operating status

Operating

Ownership category

akta.pro rank

Product category

Commercial and Residential Real Estate Development and Property Management

NAICS

Lessors of Residential Buildings and Dwellings (53111), Lessors of Nonresidential Buildings (except Miniwarehouses) (53112), Real Estate Property Managers (53131)

SIC

Real Estate Operators (No Developers) & Lessors (6510), Operators Of Apartment Buildings (6513), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Residential Real Estate Asset Management (BPAJAMAA)

Keywords

• Commercial real estate development
• Residential property development
• Property management services
• Sustainable building construction
• Custom office headquarters

Headquarters

HQ city

Oslo

HQ country

Norway

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Office Development: Custom office space development for corporate clients including headquarters for major companies. Projects are tailored to client needs for size, culture, communication, industry and budget.
2. Residential Development: Development of residential apartments for sale. Completed 743 apartments in De Nye Grønlandskvartalene project, one of Oslo's best-selling housing projects.
3. Property Management: Self-management of owned properties providing first-class service to tenants with direct control over quality and response times
4. Financial Investments: Financial investment activities as one of four business areas

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Pecunia Forvaltning AS is a Norwegian property developer and manager operating four integrated business areas: custom office development for corporate clients (including headquarters for major firms), residential development and rental (notably the 743-apartment De Nye Grønlandskvartalene project), self-managed property management for its portfolio of 15+ Oslo properties, and financial investment activities. The company self-manages all owned properties to ensure direct quality control and tenant service, with a sustainability focus reflected in BREEAM-certified buildings and energy efficiency improvements of 20-35%.

Product overview

Pecunia AS is a Norwegian real estate company operating as a single unified offering focused on property development and management. The core portfolio consists of four integrated business areas: Office Development (custom headquarters for corporate clients), Residential Development (apartments and housing projects), Property Management (self-management of all properties for quality control), and Financial Investments. Key properties include commercial buildings at Olav Vs gate 5 (11,150 m²), Haakon VIIs gate 5 (15,700 m²), Dronning Mauds gate 1-3 (24,000 m²), Oscars gate 20 (6,500 m²), Akersgaten 8 (4,800 m²), and Nils Hansens vei 27 (20,000 m²), as well as residential properties including Neuberggata 31 (57 apartments), Sorgenfrigaten 10 A & B (19 apartments), Sorgenfrigaten 21 (21 apartments), Huitfeldts gate 9D (20 apartments), Løkkegangen 5 (17 apartments), and Grimelundsveien 4 (20 apartments). Pecunia Parkering provides parking services at multiple locations. The Pecunia Standard is a quality benchmark synonymous with exceptional quality, implementation capacity, and style.

Differentiator

Problem solved

Functional benefit

Products and services

• Office Development (Kontorutvikling)

Quantifiable outcome

• 20%+ energy consumption reduction 2018-2022
• +4 more outcomes

Named customers23 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Grønn Byggallianse (Green Building Alliance)coreStrategic or Co-development Partner · 1 January 2007Member since 2007. Green Building Alliance Norway promotes sustainable building practices and environmental certification in the Norwegian property sector.
• EnovacoreStrategic or Co-development PartnerLong-term collaboration with Enova on energy efficiency projects. Enova is a Norwegian state-owned enterprise that provides support for energy efficiency and renewable energy solutions.
• Gold Standard (CER credits)minorOthersUN-approved carbon credits (CER) purchased from Gold Standard registry for climate compensation. Cookstoves Ghana project referenced.

Scale indicators8 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• KLP Eiendom: Norwegian institutional real estate investor and developer, part of KLP pension group, active in office, retail, and residential across Norway. Institutional owner/operator with overlapping asset types.
• OBOS: Norwegian cooperative housing and real estate group with large-scale residential development and property management in Oslo. Comparable for residential development and rental management.
• Olav Thon Eiendomsselskap: One of Norway's largest real estate groups, owning and operating a broad portfolio of office, retail, and residential properties. Larger and more diversified than Pecunia but overlapping in Oslo commercial real estate.

Direct peers

• Entra ASA: Norwegian publicly listed office real estate company focused on prime, sustainable workspace in Oslo and other Norwegian cities. Direct comparison for Pecunia's CBD office portfolio at a larger, listed scale.
• Veidekke Eiendom: Norwegian property development arm of Veidekke, developing residential, commercial, and mixed-use projects primarily in the Oslo region. Comparable in residential and commercial development focus.
• Höegh Eiendom: Norwegian family-owned commercial real estate developer and long-term owner/operator of prime Oslo CBD office and residential assets. Highly comparable to Pecunia in model, scale, and Oslo focus.
• AF Eiendom: Norwegian commercial real estate developer and owner, part of the AF Gruppen construction group, active in office, residential, and mixed-use projects across Norway. Comparable developer/owner business mix.
• Malling & Co: Norwegian commercial real estate services firm offering property management, leasing, and asset management for prime Oslo office properties. Comparable in CBD office management and tenant services.
• Aspelin Ramm: Norwegian family-owned property developer active in Oslo office, residential, and mixed-use projects with strong design and sustainability focus. Closely mirrors Pecunia's developer/owner-operator model.
• Selvaag Bolig: Norwegian publicly listed residential property developer focused on the Greater Oslo region. Direct comparison for Pecunia's residential development arm, particularly the Grønlandskvartalene project.

Market position

Strengths4 records

Weaknesses3 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 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 Pecunia Forvaltning AS