Real estate

AP3´s Real Estate Portfolio

AP3’s real estate portfolio comprises Vasakronan, Hemsö, Willhem, Trophi, Regio, Trenum and Urbanea, all of which contribute to building and developing Sweden. In addition, AP3 holds a stake in Cityhold, which owns office properties in major European cities.

AP3’s significant ownership interests provide strong opportunities to influence and actively participate in the strategic development of these companies. Board representation is an effective means of exercising such influence and, among other things, has enabled AP3, together with the other owners, to help drive the companies’ sustainability efforts.

Major real estate holdings

Vasakronan – Sweden’s largest real estate company

Vasakronan offers attractive commercial premises in well-connected locations across Stockholm, Gothenburg, Uppsala and Malmö. Its vision is “the good city” – a city where people thrive and businesses can grow and develop.

Vasakronan’s strategic focus is to concentrate its property holdings in markets with strong prospects for economic growth and good transaction liquidity. The company is owned by AP2, AP3 and AP4.

Hemsö – strengthening the backbone of society

Hemsö is Sweden’s leading private owner of public service properties. AP3 is the majority owner of Hemsö, together with Sagax. The company’s business is centred on the long-term ownership, management and development of community properties, providing purpose-built premises for healthcare, education, elderly care and the justice system.

Trophi – properties for the grocery retail sector

Trophi is the leading property company in the Nordic region specialising in grocery retail real estate. The company owns, manages and develops retail properties across Sweden and Finland. Its tenants include some of the largest grocery retailers in the region, such as ICA, Kesko, Coop and the S Group. Trophi is wholly owned by AP3.

Regio – regional properties

Regio is a long-term owner of commercial properties with a focus on growing regional cities. The company is wholly owned by AP3 and managed by Redito Asset Management. Property management and development are carried out through close partnerships with local management partners who know their cities well and understand local needs. Regio is committed to contributing to vibrant, inclusive and sustainable regional communities.

Trenum – residential property development

Trenum owns, manages and develops rental housing across Sweden’s three major metropolitan areas and regional growth cities. The property portfolio consists largely of newly developed residential properties. The company is jointly owned by AP3 and Fastighets AB Balder, each holding a 50 per cent stake, and is managed by Fastighets AB Balder. All properties developed in-house are environmentally certified.

Read more at trenum.se.

Willhem – owner and manager of residential rental properties

Willhem is one of Sweden’s largest privately owned residential property companies, with a focus on rental housing. Founded in 2011 and headquartered in Gothenburg, the company owns properties in 13 growth locations across Sweden, including Stockholm, Gothenburg, Malmö and Helsingborg.

Willhem is jointly owned by the Third and Fourth Swedish National Pension Funds.

Read more at willhem.se

Urbanea – industrial and logistics properties

Urbanea invests in commercial properties across the Greater Stockholm area. Focus is on properties with stable cash flows, often located in areas undergoing transformation and development. Urbanea is managed by Möller & Partners.

Read more at urbanea.se.