Fredensborg is an investment company with property, housing and holiday home as a product, Europe as a market and private individuals in focus.

Fredensborg is an active, industrial and value-based owner with a long-term horizon. We strive to choose good and long-term solutions for people and investments.



Quality Living in Friendly Homes.


CARE about and respect our co-workers, customers, partners, and the society we live in. We find sustainable solutions for people and buildings.

DARE to think way out of the box. We always look for better ways to do what we do. We encourage diversity, open minds, and new ideas.

SHARE our knowledge and willingly help each other grow. We are authentic, transparent, and honest in our communication and actions.


Key figures for Fredensborg Group as of September 30th, 2018


Real estate asset value (bn NOK)²

88 888

Apartments for rent


Value adjusted equity (bn NOK)


Net LTV (%)


Revenue (bn NOK)




Yield (%)

8 888

Housing units under development

888 888

Square meters


Vacancy (%)


Book value equity (bn NOK)


Cash and cash equivalents (bn NOK)


Gross LTV (%)


Unused draw facilities (bn NOK)




Absence (%)

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Heimstaden is a leading European residential real estate company with a vision to enrich and simplify the lives of customers through Friendly Homes. Heimstaden’s mission is to acquire, develop and manage rental properties in Europe. Heimstaden is headquartered in Malmö and Oslo and Patrik Hall is CEO.

Heimstaden is currently located in Norway, Sweden, Denmark, Iceland, Germany, Netherlands, Czech Republic, Finland, Polan and UK and has more than 2 000 employees. The properties are owned by Heimstaden Bostad AB, which is owned by Heimstaden AB (50,3 %) and Swedish pension funds Alecta (41,2 %), Folksam (5,5%) Ericsson (1,7 %), Sandvik (0,6 %) and, Swedish Pensions Agency (0,6%).

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Fredensborg Bolig

Fredensborg Bolig is a real estate developer with more than 10,000 homes for sale, under construction or in development in Oslo, Akershus and Trondheim regions. By having customers, employees and society in focus, the company will deliver the best homes to its customers. Magnus Aune Hvam is Managing Director.

Fredensborg Bolig AS is owned 50/50 by Fredensborg AS and Tollef Svenkerud.

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Utleiemegleren has over 25 years of experience in the residential rental market, and is market leader in Norway, with more than 16,000 homes in its portfolio. Utleiemegleren carries out the financial and legal administration of rental agreements, arranges caretaker services, and provides legal assistance in disputes. Vibecke Lyse Augdal is CEO.

Fredensborg owns 50% of Utleiemegleren.

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Fredensborg Leisure

Fredensborg Fritid develops vacation destinations and homes and has ambitions to deliver fantastic experiences in Norway’s leading leisure destinations. The company has a land bank of approx. 8,500 holiday homes, located in Geilo, Kragerø, Turufjell (Flå), Hafjell, Tyin Filefjell and Norefjell. Håkon Arnstorp is CEO.

Fredensborg Fritid AS is owned 85/15 by Fredensborg AS and Håkon Arnstorp.

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Servatur Hotels is a fully integrated hotel operator and owner, currently operating 2,000 rooms and apartments in the Canary Islands in Spain. Servatur Hotel & Resorts has been part of the tourist industry in the Canary Islands for over 40 years, with a vision to provide all guests with memorable holiday experiences. Anders Lindvall is CEO.

Fredensborg owns 50% of Servatur

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Fredensborg Hospitality

Fredensborg Hospitality develops and operates accommodation and restaurants in attractive vacation destinations such as Havsdalsgrenda in Geilo, Tollboden, and Kragerø Resort in Kragerø. New concepts are planned in the former American embassy in Oslo. Rajko Mink is CEO.

Fredensborg owns 100% of Fredensborg Hospitality.

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Board of Directors


Ivar Tollefsen

Chairman of the Board


Ole Ruch

Board member


John Giverholt

Board member


Nick Tollefsen

Board member