Investment company focused on residential real estate across Europe, with people at the heart of its business. An active, hands-on and values-driven owner with a long-term perspective. Creating lasting solutions that deliver value for both people and investments.
Key figures for Fredensborg Group as of September 30th, 2018
88,8
Real estate asset value (bn NOK)²
88 888
Apartments for rent
8,8
Value adjusted equity (bn NOK)
8,8
Net LTV (%)
8,8
Revenue (bn NOK)
650
FTEs
8,8
Yield (%)
8 888
Housing units under development
888 888
Square meters
8,8
Vacancy (%)
8,8
Book value equity (bn NOK)
8,8
Cash and cash equivalents (bn NOK)
8,8
Gross LTV (%)
8,8
Unused draw facilities (bn NOK)
8,8
EBIT (bn NOK)
8,8
Absence (%)
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Businesses
Heimstaden
Owns and rents out more than 155,000 homes across nine European countries. A scaled and efficient operator with a strong focus on operations, ESG and customers.
More than 30 years of experience as an analytical, hands-on owner, with most operational functions managed in-house.
Fredensborg owns Heimstaden AB, the manager and controlling shareholder of Heimstaden Bostad AB.
heimstadenab.com
heimstadenbostad.com
Fredensborg Bolig
A leading residential developer with 13,000 homes in development, on the market or under construction across Oslo, Bergen, Akershus and the Trondheim region.
With customers, employees and communities at the heart of its business, the company creates better homes.
Fredensborg owns 48%, Tollef Svenkerud owns 48%, and employees own the remainder.
fredensborgbolig.no
Utleiemegleren
Norway’s market leader, managing a portfolio of 17,000 tenancies. A full-service offering covering lettings, financial and legal tenancy administration, caretaker services and legal support in disputes.
Fredensborg and the company’s founders each own 50%.
www.utleiemegleren.no/
Fredensborg Fritid
Develops destinations and holiday homes with the ambition of creating exceptional leisure experiences. Active in Geilo, Turufjell in Flå, Tyin-Filefjell, Hafjell, Norefjell and Kragerø.
Fredensborg owns 100%.
fredensborgfritid.no/
Servatur
A hotel company operating 3,900 rooms in the Canary Islands, one of Europe’s leading sun-and-beach destinations. Of these, 1,600 are owned and the remainder leased.
Fredensborg owns 50%, Kai Mikaelsen owns 40%, and Øystein Topp owns 10%.
www.servatur.com/no/om-oss/
Nordr
A residential developer with 2,500 homes under development in and around Norway’s largest cities.
Fredensborg and Fredensborg Bolig jointly own 42.5%, Norwegian Property owns 42.5%, and Union Eiendomskapital owns 15%.
nordr.com/no/
Ivar Tollefsen
Chairman of the Board
Nick Tollefsen
Board member
John Giverholt
Board member (Fredensborg 1994)
