- CEO
- Carl-Johan Hugner
- Full Time Employees
- 121
- Sector
- Finance
- Industry
- Real estate development
- Address
- Hastholmsvagen 28 Nacka Sweden 131 04
- IPO Date
- Nov 23, 2018
- Business
- Altra Fastigheter AB (publ) (ticker: ALTRA.ST) is a transaction-intensive Nordic real estate company that invests, manages, develops, and sells commercial properties across Sweden, Norway, and Finland. Founded in 2009 and headquartered in Nacka, Stockholm County, Sweden, the company operates an active, business-driven model focused on creating long-term value for tenants and generating growing cash flows for shareholders, with operations listed on Nasdaq Stockholm Large Cap and a property value of SEK 39 billion as of March 31, 2026. The company's core business encompasses ownership, management, enhancement, and transaction activities for a diversified commercial property portfolio including offices; warehouses; logistics facilities; industrial properties; and retail properties, with Sweden-based assets concentrated around regional centers in Götaland, Svealand, and along the E4 highway in Norrland; Finland operations centered on regional centers in southern Finland under the Kielo brand; and Norway properties located in Grenland south of Oslo under the Bratsberg brand. In May 2026, the company changed its name from Nyfosa AB (publ) to Altra Fastigheter AB (publ) as part of an updated strategic direction emphasizing three prioritized focus areas: strengthening operational efficiency, reducing complexity, and optimizing capital allocation, with the share beginning to trade under the new ticker ALTRA on Nasdaq Stockholm while ISIN codes for shares and bonds remain unchanged. During the year ending March 2026, the company executed 20 property transactions across all three Nordic markets with a combined value of SEK 2.1 billion, strategically divesting resource- and investment-intensive properties with lower yields to acquire assets strengthening profitability, including SEK 1,666 million in acquisitions and SEK 1,447 million in divestments that streamlined and concentrated the portfolio toward higher-yielding commercial properties. The company targets institutional and private investors seeking exposure to Nordic commercial real estate markets characterized by robust growth potential and strong regional appeal, operating as a subsidiary-independent public limited company with no parent company relationships following its November 2018 spin-off from Hemfosa Fastigheter and subsequent listing.