- Business
- KMC Properties ASA operates as a real estate investment company focused on industrial and logistical properties in Northern Europe. The company owns and manages a diversified portfolio of high-yield light industrial and warehouse facilities, primarily leased long-term to corporate tenants under triple net agreements with annual CPI adjustments; it emphasizes properties strategically located near industrial clusters serving logistics, light manufacturing, and distribution sectors. KMC Properties conducts operations across the Nordics including Norway, Sweden, Denmark, and Finland, as well as the Netherlands, Belgium, Germany, and Poland, through subsidiaries such as KMC Properties AS, KMC Eiendom Sverige AB, KMC Industrial Properties Denmark ApS, and Holland Industrial Properties BV. Founded in 2007 and headquartered in Trondheim, Norway, the company targets expansion via accretive acquisitions and development potential on its land holdings. In recent developments, KMC Properties divested its entire property portfolio and management operations to Logistea AB, a Nasdaq Stockholm-listed entity, in a transaction settled through share distribution to shareholders completed in phases during 2024; concurrently, Bekken Invest AS launched a takeover bid in September 2025 to acquire the remaining 53.7% stake for NOK 15.4 million at NOK 5.8 per share, positioning the company to pursue new investment opportunities distinct from logistics real estate.