Selvaag Group
Selvaag AS is a family-owned Norwegian investment company and the parent company of the Selvaag Group, focused on real estate investment, housing and urban development.
Last updated September 15, 2026
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Overview
Selvaag AS is a family-owned investment company that serves as the parent company of the Selvaag Group. The group's business is primarily tied to real estate investment, housing and urban development, and adjacent activities; investment activity also represents a significant part of the group's values. Its main business areas include Selvaag Bolig (housing development), Selvaag Eiendom (property development, leasing and operation), and Selvaag By (development of destinations, districts and residential environments). Other investments include Selvaag Invest (100% ownership), which makes financial investments outside real estate, and Urban Property (20% ownership), which finances Selvaag Bolig's land. The company traces its origins to 1948, when civil engineer Olav Selvaag said he could build homes at a third of the usual price, starting a group that has shaped the Norwegian real estate industry across three generations.
History
Selvaag AS is a family-owned investment company and the parent company of the Selvaag Group. The group's business is primarily tied to real estate investment, housing and urban development, and adjacent activities, with investment activity also representing a significant part of the group's values. Its main business areas include Selvaag Bolig, Selvaag Eiendom, and Selvaag By. Other investments include Selvaag Invest (100% ownership) and Urban Property (20% ownership). The company's history dates to 1948, when civil engineer Olav Selvaag said he could build homes at a third of the usual price, starting a group that has shaped the Norwegian real estate industry across three generations.
Products and positioning
Family-owned investment company focused on long-term real estate investments and sustainable urban development.
Selvaag Bolig
Housing development built on Selvaag's 70-year history and experience.
Selvaag Eiendom
Develops, leases and operates properties with a sustainable perspective.
Selvaag By
Gathers expertise in developing destinations, districts and residential environments.
Selvaag Invest
100% owned; makes financial investments in areas other than real estate.
Urban Property
20% owned; finances Selvaag Bolig's land.
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