The Stronghold Journey
From its original buy-out from Investor AB/Sweco in 1997, Stronghold has developed into one of Europe’s leading real estate groups. Entrepreneurship is a core part of the Groups DNA, as well as profitable growth.
Today the Group have investments and operate throughout Northern Europe through approximately 40 local offices with more than 2,200 employees and an annual revenue exceeding €300 million.
1994
— 1997
- The Group is founded by Urban Edenström and Investor AB, as a property and asset-management consultancy company.
- Newsec starts developing an information system for the real estate market, Datscha
- Newsec acquires the market-leading real estate companyy in Gothenburg – Westpartner.
1998
— 2000
- Niam is founded as an operating partner to GE Capital Real Estate, Morgan Stanley and Goldman Sachs.
- Newsec enters strategic partnerships in Denmark with Sadolin & Ahlbæk and in Norway with DNB Næringsmegling.
- Niam sets up Sweden’s first property fund, Niam Fund I, holding properties valued at €70 million.
2001
— 2005
- Newsec expands into Finland and the Baltics.
- First release of the comprehensive market analysis Newsec Property Outlook.
- Niam raises Niam Fund III , which has an investment capacity of approximately EUR 1.8 billion and is the number one real estate fund in Northern Europe.
- The Group changes its name to Stronghold as part of a clearer strategy towards a more pure investment company.
- Stronghold acquires the Finnish real-estate and asset-management company Tallberg Toimitilajohto Oy (now Newsec Oy).
2007
— 2009
- Stronghold acquires the Norwegian full-service company Eiendoms-Consult AS (now Newsec AS).
- Niam raises Niam Fund IV , the largest opportunistic fund in Europe targeting the Nordics and Baltics.
- Stronghold acquires part of the Baltic property consultant Re&Solution , today a subsidiary to Newsec Baltics.
2010
— 2012
- Niam raises Niam Fund V on EUR 719 million making it the largest Nordic opportunistic property fund.
- Newsec acquires majority of the Norwegian technical asset management company TM Partner AS (now Newsec TM AS).
- Newsec starts the subsidiaries Newsec Competence and Newsec Technical Services.
2013
— 2015
- Newsec acquires Jones Lang LaSalle’s property management business in Sweden and starts the subsidiary Newsec Communication.
- NIAM closes Niam Core-Plus fund, reaching EUR 300 million in total equity commitments, and the NIAM Fund VI on 800 MEUR.
- Datscha launches in UK as the first country outside the Nordics.
- Stronghold launches a new business area – PropTech – and invests in Tessin, a real estate crowd funding platform, and Workaround, a platform for the sharing of flexible office space.
2015
— 2017
- Stronghold PropTech business area invest in Mestro – an web-based energy management analytics tool.
- Stronghold aquires the market leding property management company in Norway, Basale (from OBOS), and becomes a subsidiary of Newsec Asset Managment.
- Newsec acquires Denmark’s leading commercial property management company, DATEA, and becomes a subsidiary of Newsec Asset Management.
- Newsec acquires Campido and the two companies will merge the technical services and operations activities.
2017
— 2019
- Newsec acquires part of the Danish advisory company Newsec Egeskov and Lindquist, the new name will be Newsec Advisory A/S.
- Stronghold Invest divest Datscha to Real Capital Analytics.
2020
— present
- Stronghold creates, in a joint venture with Vincero, Buildroid an investment veichle for smart building tech solutions.
