Institutional-quality operators, long-term ownership models and a strong customer focus define the Swedish property management landscape—qualities that distinguish it from many other European markets. Landlords, whether institutional investors or private owners, should look beyond operational scale when selecting a property management partner and consider tenant service levels, sustainability credentials and the partner’s fit with the Swedish regulatory environment.
These five companies are the strongest property management partners for landlords operating in Sweden. They range from one of the country’s biggest listed property groups with a national footprint to a company that has won customer satisfaction awards for six years running and an innovative technology-driven platform consolidating traditional property management firms. Each has its own advantages depending on the size of the portfolio, the geographic focus and the management philosophy.
Top 5 Swedish Property Management Companies for Landlords
- Fastighets AB Balder
- Hufvudstaden
- Lundbergs Fastigheter
- Odevo
- Heba Fastighets
A Closer Look at the Top 5 Swedish Property Management Companies for Landlords
1. Fastighets AB Balder
Fastighets AB Balder is a listed property company in Sweden that owns, manages and develops properties in Sweden, Denmark, Finland, Norway, Germany and the UK. The company was founded in 2005 and is based in Gothenburg. It has grown to become a property group with approximately 1,151 employees and property assets of SEK 228.6 billion as of 31 December 2025. Balder operates throughout the entire value chain, from land acquisition to property management and urban development, ensuring “fast decision-making procedures, proximity to the customer and good knowledge about areas and properties. “The company’s portfolio is balanced at 54 percent residential and 47 percent commercial properties.
Key Points
- Owns 2,023 properties Market capitalisation of SEK 80,885 million Scale and reach
- Local presence—We have property management, letting and operational staff in every area we own properties.
- Diverse portfolio: Residential properties, commercial properties (offices, shops, warehouses, restaurants and schools) and approximately 60 hotel properties.
- Development expertise: Property development, independently and through joint ventures and consortia.
Achievements
- One of Sweden’s largest property groups with extensive international operations.
- Its wholly owned subsidiary, Bovieran AB, which was acquired by Balder in 2015, offers tenant-owner apartments for people aged 55 or over, inspired by “life on the Riviera.”
- Part of major city development projects such as Karlatornet in Gothenburg and Kungens Kurva in Stockholm.
Feedback
Balder is a good match for landlords looking for a large institutional partner with proven operational scale and international reach. The company’s vertically integrated model, which controls properties from purchase through ongoing operations, offers landlords a single counterparty throughout the lifecycle. It has a strong presence in capital cities and large urban markets in a number of countries, which adds to the benefits of portfolio diversification.
Contact Information
Website: https://www.balder.se
2. Hufvudstaden
Hufvudstaden is a Swedish property company and the landlord that is rated highest in the country for customer satisfaction. The company was ranked number one among large property companies in the annual Fastighetsbarometern customer survey of office tenants in Sweden, with a customer satisfaction rating of 88, the highest score recorded since Fastighetsbarometern was first conducted in 1997. For the sixth year in a row, Hufvudstaden is at the top of the survey, with an industry average of 79 on a 100-point scale. The company was rated best in categories such as contact staff, image, location, fault reporting, information and environmental awareness.
Key Points
- Customer satisfaction leadership: Received 88 points in the Fastighetsbarometer survey, “Hufvudstaden’s best rating since it started participating” in the survey.
- Hög rating: 95 procent av de tillfrågade skulle rekommendera Hufvudstaden som hyresvärd.
- Sustainability recognition: The largest increase in rating was in environmental awareness, indicating “systematic sustainability work delivers results.”
- Tenant-centric philosophy: “We try to give our clients a very good service and make their daily lives easier so that they can concentrate on their businesses,” says Anders Nygren, CEO.
Achievements
- Fastighetsbarometer survey: Largest property company for sixth year in a row.
- earned 88 points, an increase of two points over the previous year.
- Consistently demonstrated excellence across multiple performance categories, including fault reporting and information quality.
Feedback
Hufvudstaden provides the best evidence of tenant satisfaction in the Swedish market and, for landlords that have office occupiers as tenants, the survey’s main focus. Operational consistency that landlords can count on—for six years running, you are the top-ranked company. The high recommendation rate (95 percent) shows that tenants do not only tolerate but actually recommend Hufvudstaden as a landlord.
Contact Information
Website: https://www.hufvudstaden.se
3. Lundbergs Fastigheter
Lundbergs Fastigheter was established in 1944 and has become one of Sweden’s largest private property owners with a property value of approximately SEK 29 billion. The company has a decentralized local management structure and operates in ten Swedish cities, from Stockholm in the east to Gothenburg in the west. Lundbergs has 165 employees and owns approximately 1 million square meters of leasable space in 130 properties, comprising about 60 percent residential units and the rest commercial premises such as offices, retail, restaurants, gyms, cinemas, warehouses, industrial premises, nursing homes and schools.
Key Points
- Decentralized management: The rental business and property care are “managed locally in the respective market areas by a clearly decentralized organization.”
- Customer appreciation: AktivBo’s Customer Crystal award for the fifth consecutive year in the categories of Highest Service Index and Highest Profile.
- Sustainability target: Adopted target of “climate-neutral operations across the value chain by 2030.”
- Long-term ownership model: The business concept is “long-term ownership, management and development of residential and commercial properties.”
Achievements
- Winner of AktivBo’s Customer Crystal awards for five years in a row.
- “A very well liked landlord” who has had “strong results year after year in the AktivBo customer survey.”
- The portfolio has been largely built up through “active property management and investments, mainly in upgrades, conversions and renovations.”
Feedback
Lundbergs’ private ownership structure (as part of Lundbergföretagen) and long-term orientation are notable differentiators. The company’s decentralised organisation ensures local market knowledge and responsiveness—an advantage for landlords with geographically dispersed portfolios. The five consecutive customer satisfaction awards provide external validation of tenant management quality.
Contact Information
Website: https://www.lundbergforetagen.se
4. Odevo
Odevo is a new technology-driven model for Swedish property management. Odevo, which was created as a consolidation platform, has brought together a number of leading companies with “a long history of high-quality service,” including Nabo, SBC, STIO, MTR and more. The group operates in three markets—Sweden, the United Kingdom and Finland—and manages more than 380,000 homes. Odevo’s mission is to be “the leading force in property management and residential services” by leveraging people and technology.
Key Points
- Technology integration: Desires to “use technology to remove inefficiencies and errors and handle tedious and repetitive tasks,” freeing up staff to focus on “building relationships, showing empathy and being creative.”
- Established property management brands under one roof: Brings together a number of established property management brands, each with its own operational heritage and specialization.
- Scale: Operates in three countries and manages over 380,000 homes within three years of inception.
- Residential focus: The main expertise is housing management for owners and tenants, including housing cooperatives (bostadsrättsföreningar).
Achievements
- Rapid growth from formation to international scale within three years.
- Incorporated established brands including Nabo (property management for housing cooperatives), SBC, STIO, MTR and UK-based firms Rendall & Rittner and Premier Estates.
- Positions itself as an “inspiration to others in the industry” through technology-led transformation.
Feedback
If you’re a landlord looking for a partner that leverages the power of digital tools to make your life easier, Odevo is a good choice. The group’s technology-first approach will reduce administrative burden while maintaining—or improving—service quality by freeing staff time for relationship management. Consolidating a number of established brands under one group means that portfolio landlords can benefit from a range of operational expertise.
Contact Information
Website: https://www.odevo.com
5. Heba Fastighets
Heba Fastighets is a property management company based in Stockholm, specializing in residential and community properties. The company was founded in 1952 and has been listed on Nasdaq Stockholm since 1994. The company is focused on “sustainable and secure housing options for all stages of life with a commitment to tenant satisfaction and enhancing the communities.” Heba has special expertise in the care properties and senior housing segments, including a well-known development on Lilla Essingen in Stockholm.
Key Points
- Specialized expertise: Experience of developing care properties and senior housing, including a new care facility on Lilla Essingen developed with Peab (expected completion 2028).
- Stockholm focus: Based at Box 17006, Stockholm, with a focused portfolio in the capital region.
- Established: More than 70 years of property management experience since 1952.
- Tenant well-being focus: Identified as a priority to “deliver tenant satisfaction and enhance the community.”
Achievements
- Publicly listed company (Nasdaq Stockholm) since 1994, committed to economic transparency and standards of governance.
- Market capitalization is approximately SEK 5.23 billion.
- Partnering with leading contractors such as Peab, developing and managing care properties.
Feedback
Heba Fastighets är ett bra alternativ för ägare som är inriktade på bostadsmarknaden i Stockholm och särskilt för ägare som har en portfölj med äldreboenden eller äldreomsorg. The company’s long operational history (more than 70 years) implies stability and market knowledge. Its listed status also provides financial transparency that institutional landlords might welcome.
Contact Information
Website: https://www.hebafast.se/
FAQ
Which property management company has the highest customer satisfaction ratings?
Hufvudstaden received the highest rating ever in Sweden’s Fastighetsbarometer customer survey (88 of 100) and 95 percent of the respondents would recommend the company as a landlord. Lundbergs Fastigheter has for the fifth year in a row received AktivBo’s Kundkristallen.
Which company is best for a large residential portfolio?
For institutional scale, Fastighets AB Balder manages over 2,000 properties with a total value of SEK 228.6 billion. For landlords focused on large residential portfolios, Odevo manages over 380,000 homes across three countries.
Is there a technology-focused property management option?
Odevo is the most forward-looking in terms of technology, stating the goal explicitly as “leveraging technology to eliminate inefficiencies and errors and take care of many of the tedious and repetitive tasks.” The group combines traditional property management firms onto one platform to increase efficiency with digital tools.
Which company has the longest operational history?
Lundbergs Fastigheter was founded in 1944 and Heba Fastighets was founded in 1952, offering over 70–80 years of continuous property management experience.
Which company specializes in senior and care properties?
Heba Fastigheter has a special competence in the development and management of care properties and senior housing, including a well-known development on Lilla Essingen in Stockholm. This makes it a strong partner for landlords with portfolios in the healthcare or senior housing sectors.
How do Swedish property management fees typically work?
Fees vary by company and are not publicly disclosed for customized institutional arrangements. Most large companies will provide you with a quote based on the size of your portfolio, type of property and level of service you require. You will have to contact the individual companies for the exact fees.
What is the difference between owning and managing through a listed property group versus a dedicated management firm?
Listed property companies like Balder, Hufvudstaden, Lundbergs and Heba mainly own and manage their own properties—they are the landlords themselves. These companies may be appropriate for joint ventures or partnerships where the capital is co-invested. If you are a landlord that owns properties but wants a third party to manage them, Odevo’s management structure is more aligned to a pure property management service provider.
Which company has the strongest sustainability credentials?
Lundbergs Fastigheter has set the target of climate-neutral operations throughout the value chain by 2030. The largest increase in environmental awareness was seen in the capital, which is reflected in the Fastighetsbarometer survey with the statement “Systematic sustainability work pays off.” Both exhibit a high sustainability orientation.
