- Business
- Public Property Invest ASA Public Property Invest ASA is a Norwegian real estate company focused on owning, operating, and developing social infrastructure properties in a sustainable manner. Established in 2021 and headquartered in central Oslo, the company manages a diversified portfolio of approximately 415,000 square meters across 77 properties primarily in Norway, Finland, and Sweden; its core assets include community service facilities such as police stations, courts, hospitals, schools, kindergartens, nursing homes for elderly care, and other public services, with over 90% occupancy by government sector tenants on long-term leases featuring high CPI adjustments. The company offers high-quality, specially adapted premises to enable tenants to fulfill their social mandates, employs local caretakers for maintenance, and targets profitable growth through efficient operations, tenant satisfaction, and portfolio consolidation in the Nordic region.
Recent major developments include the landmark acquisition of a NOK 37 billion social infrastructure portfolio from SBB, transforming Public Property Invest ASA into the largest listed owner of such assets in the Nordics, alongside the integration of SBB's Norwegian organization and properties; in October 2025, it expanded its Finnish care property holdings with three high-quality acquisitions valued at approximately EUR 28 million; further, the company secured a significant capital increase of NOK 3.53 million to support Nordic expansion and maintains a strong balance sheet with around 45% loan-to-value, positioning it as an active consolidator amid market refinancing pressures. Geographically, operations emphasize key Norwegian cities like Oslo, Bergen, Stavanger, and Trondheim, with growing presence in Finland and Sweden, serving public sector clients including police districts, municipalities, health organizations, and agencies such as OsloMet and Statistics Norway. The company adheres to core values of presence, quality, and value creation, pursues climate neutrality by 2030 with goals to cut energy use by 14% and emissions through renewable energy and offsets, and was certified as an Eco-Lighthouse in December 2023.