Fastighets AB Balder (publ) Class B shares (BALDF)

Profile

https://www.balder.se

Fastighets AB Balder (publ) Class B shares represent the primary publicly traded equity class of this Swedish real estate company, founded in 1995 and headquartered in Gothenburg. The company specializes in the acquisition, development, ownership, leasing, and management of a diverse property portfolio spanning residential apartments and a wide array of commercial spaces, including offices, retail shops, restaurants, hotels, schools, industrial facilities, warehouses, garages, and parking. Operating across key segments such as Helsinki, Stockholm, Gothenburg, Copenhagen, South, East, and North regions, Balder maintains a strong presence in Sweden, Denmark, Finland, Norway, Germany, and the United Kingdom, with residential properties forming the largest portion of its holdings. Class B shares, comprising the majority of the 1.19 billion total shares, carry one-tenth the voting rights of Class A shares, facilitating broader market liquidity while principal ownership rests with Erik Selin Fastigheter AB at 33% of capital and 46.9% of votes. Balder's strategy emphasizes long-term growth through profit reinvestment, supporting steady rental income expansion from SEK 12,876 million in 2024 and a substantial investment property portfolio valued at SEK 221 billion.