KRONA PUBLIC REAL ESTATE AB
NNGM:KRONA44.20
SEK
0.00
(0.00%)
ISIN
SE0015657895
Return %
Stock
S&P 500
1Y
22.78
14.20
3Y
-22.46
81.12
5Y
-55.58
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Sven Iver Hegstad
- Sector
- Finance
- Industry
- Real estate development
- Address
- Stockholm Sweden
- IPO Date
- Mar 31, 2021
- Website
- kronapublic.se
- Similar Companies
- Business
- Krona Public Real Estate AB is a Sweden-based real estate investment and management company specializing in the acquisition, long-term ownership, administration, and leasing of public-use social infrastructure and community service properties in the Nordic region. Founded in 2021 and headquartered in Stockholm, Sweden, the company operates within the commercial real estate sector, focusing on high-quality institutional assets backed by long-term, index-linked lease agreements with governmental, regional, and municipal public-sector tenants. The company's core services and business activities include public real estate ownership and portfolio management; municipal and institutional commercial leasing; property development and specialized facility optimization; building operations, technical maintenance, and facility management; lease indexation and contract administration; and sustainable energy management across civic infrastructure assets. Its flagship property asset is the Krona knowledge and cultural complex located in Kongsberg, Norway, featuring extensive lettable area encompassing university lecture halls, higher education classrooms, and research laboratories; secondary education facilities; a central public library; concert halls, theatrical performance spaces, and municipal meeting facilities; multi-screen cinema auditoriums; municipal government administrative offices; and underground vehicular parking facilities. Geographically, the company maintains corporate and financial operations in Sweden while its property investment and tenant operations are situated in Norway, serving institutional tenants such as Kongsberg Municipality, the University of South-Eastern Norway, and regional county educational authorities. In recent developments, Krona Public Real Estate AB has completed strategic debt refinancing initiatives with Nordic lending institutions to strengthen its balance sheet and extend debt maturities, implemented consumer price index rent escalations across all public lease agreements to sustain inflation-protected net operating cash flows, expanded building energy-efficiency and sustainability monitoring programs across its Kongsberg asset, and reinforced asset management coordination with external real estate managers to maintain full portfolio occupancy and optimize operational performance.