About Us

Selvaag Bolig is a housing development company which controls the entire value chain from acquisition of land to sale of homes. The company has several thousand homes under development at any given time and focuses on the growth areas in and around Greater Oslo, Bergen, Stavanger, Trondheim and Stockholm. Selvaag Bolig is an industry leader in terms of profit margin, and its long-term goal is to deliver 1 500 homes per year and to pay up to 50 per cent of its annual profit as dividend.

Selvaag Bolig represents a continuation of the 70 years of history and experience accumulated in the Selvaag group, which has built more than 50 000 homes since 1948. In 2008 Selvaag Bolig was established as a pure housing developer which puts all its construction contracts out to tender. This gives it a great competitive advantage, not least through lower building costs, reduced market risk and more flexible organisation.

Selvaag Bolig merged in 2011 with affiliated investment and housing development companies Hansa Property and SPE KS, and became a market leader in the Stavanger region as well as Greater Oslo. The company sold more than 1 000 homes in 2011, and tripled its annual turnover in 2008-12 to NOK 3 billion. Its profit margin rose over the same period from six to 13 per cent. Selvaag Bolig ASA was listed on the Oslo Stock Exchange on 14 June 2012.

Selvaag Bolig offers a broad variety of property types marketed under the brand names Start, Home and Pluss. The company is headquartered at Ullern in Oslo.

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