- Business
- Bonava AB (publ) (BONAV-A.ST) is a Sweden-based residential developer focused on constructing and selling multi-family and single-family housing units; it develops sustainable homes and neighborhoods for consumers as well as rental apartments and investment properties for pension funds, municipalities, and other institutional stakeholders across segments including Germany, Sweden, Finland, Norway, Estonia, Latvia, Lithuania, and the Baltics. Founded in 2013 and headquartered in Stockholm at Lindhagensgatan 74, the company operates through geographically divided units with Germany as its largest market offering apartments and single-family homes to consumers alongside multi-family rental projects for investors; in Sweden, it targets apartments and single-family homes in regions such as Stockholm, Gothenburg, Linkoping, Uppsala, and Umea; Finland features consumer apartments and investor rental housing; while the Baltics emphasize consumer apartments in Tallinn, Riga, and Vilnius with select rental projects. Recent developments include the acquisition of 450 building rights with permits in northeastern Berlin from SITUS GmbH to support growth in that key market; a partnership with OBOS for a new housing project in central Gothenburg; a collaboration with Kynningsrud Bostäder AB to develop 220 housing units at the Södra Centrum block in Gothenburg; increased production starts reaching 1,065 units in Q2 2025 alongside a good sales rate and operating EBIT of SEK 78 million; and Q3 2025 results showing 10% net sales growth, an operating gross margin of 13%, and a robust project pipeline with 3,836 active production units.