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It all started with two people and a coffee maker. The year was 1998. A couple of years later, Balder was founded, and went from being local to becoming a key player on the Nordic real estate market.
Since the journey started in 2005, it has been rapid development. We have gone from being a small player to a group with over 800 colleagues who strive to create safe areas where people and businesses can flourish. Our offer is everything from rental and condominiums to commercial premises and hotels.
Balder builds, develops, and manages properties and areas under its auspices. We create places where you can become the hero in your own story. Because we are not like other real estate companies. We are Balder. Where some see square meters, we see opportunities.
Commercial premises with the right location
With approximately 2,400 commercial customers and an occupancy rate of 94%, we offer commercial premises with the right location from Sundsvall to Malmö. In Gothenburg, Stockholm, and Malmö, we are a big player and developer in commercial leasing.
New construction of homes and commercial premises
We have been producing attractive homes and premises in several growing cities for a couple of years. And more are on the way! At the beginning of 2021, 2,900 homes were under construction in Sweden, Denmark, Finland, and Norway. Balder also develops areas of approximately 44,000 sq.m. for commercial premises.
Balder has a strong project portfolio to produce new homes in cities with good growth. We develop smaller projects with individual properties as well as larger areas and districts. By offering both rental apartments and condominiums, we increase the range of mixed forms of housing and contribute to sustainable and responsible urban development.
At the end of 2020, Balder became a partner in the Karlatornet project by acquiring 50% of the shares in Karlatornet AB. With its 245 meters and 73 floors, it will be the tallest building in the Nordic region, where homes, hotels, and commercial premises will gather.
At Hisingen, we create Deltahuset, Balder's first newly produced office building. Deltahuset is our first development in “Framtidens Backaplan”. It is a project that connects the enormous urban development on both sides of the river.
That said, more is on the way! Upcoming projects with an estimated start of construction in 2022 and onwards are estimated to have a total gross area of 1,451,957 sq.m.
We manage existing rental properties and build newly produced homes for rent; this makes us one of the larger landlords in the Nordic region.
Tenancy as a form of housing is a fundamental piece of the puzzle in our offer; it is, therefore, essential to maintain and further develop tenancy apartments to meet the needs of our tenants.
One of Sweden's biggest hotel property owners
Did you know that Balder is a prominent hotel property owner in Sweden? In addition to hotels in central Stockholm, Gothenburg, and Malmö, we own hotel properties in central Copenhagen, Berlin, Leipzig, Erfurt, Gelsenkirchen and Helsinki. In ttal, Balder owns about 50 hotel properties.
Balder is building Clarion Hotel® Draken on Järntorget as part of the urban development project for Masthuggskajen. The project is in collaboration with Nordic Choice Hotels and Folkets Hus Göteborg.
- Number of properties
- Total occupancy rate
- Number of apartments under construction
approx. 2,200 (2020)
- Property value
approx. SEK 160 billion (2020)
- Market capitalization
approx. SEK 105,500 million (2020)
2005 in Gothenburg
- Number of leases
approx. 41,000 households, 2,400 companies (2020)
Sweden, Denmark, Finland, Norway, Germany, the United Kingdom and Greece