Associated companies

Balder is part owner in associated companies, here follows a brief presentation of each company.

Trenum AB

Trenum AB is a company with focus on residential properties. The company focus on Sweden’s three metropolitan regions and growth areas with positive population development. Balder and The Third Swedish National Pension Fund owns 50 % each of the company.

Fastighets AB Centur 

Centur is focused on property management, project development and property investments. Project development mainly focuses on construction of new retail and office premises and apartments but also on refinements of project properties. The properties are located in Stockholm, Gothenburg and the Öresund region. Balder and PEAB each own 50% of the company. 

Centur’s largest project property is Varvsstaden in Malmö, which includes future building rights for about 350,000 sqm of residential and commercial floor space, on the site where Kockums once conducted shipbuilding operations. 

Tulia AB

Balder owns 50% of Tulia and the remainder is owned by André Åkerlund AB. The company owns and manages commercial properties in central locations in Stockholm. 

Entra ASA 

Entra owns and manages commercial properties in Oslo and its surrounding areas and in Bergen, Stavanger and Trondheim. The company is listed on the Oslo Stock Exchange and Balder’s participating interest is 36.6%. 

Next Step Group 

Next Step Group is an urban development and property development company based in Gothenburg with the vision of creating environments where people feel a sense of pride, closeness and inclusion. The company currently manages three of Gothenburg’s largest urban development projects: Nya Hovås, Wendelstrand and GoCo Health Innovation City. Since January 2023, Balder’s participating interest amounts to 50%.