Real estate tax assessments 2025, general assessments of multi-dwelling and commercial buildings, and of industrial units
Housing co-operatives the largest ownership category in the 2025 assessment
Statistical news from Statistics Sweden 2026-02-19 8.00
Housing co-operatives were the largest owners within the group “multi-dwelling and commercial buildings, and owner-occupied dwelling (residential buildings)”, which also includes tenant owned dwellings (i.e. dwellings owned by housing co-operatives). Their combined holdings in 2025 amounted to 1,970 billion SEK. Industry, earth excavation, and electrical generating units were mostly owned by Swedish limited companies, with a total assessed value of 1,120 billion SEK.
In 2025, a new assessment was carried out for the property types multi-dwelling and commercial buildings, owner-occupied dwellings (residential buildings), electrical generating units, industrial units and earth excavated units. This resulted in a total assessed value of SEK 5,255 billion for units classified as “multi-dwelling and commercial buildings, and owner-occupied dwelling (residential buildings)”. According to the Swedish Tax Agency’s classification codes, this group includes tenant-owned apartments, offices, and various commercial premises. Industrial units, earth excavated units, and electrical generating units were valued at a total of SEK 1,220 billion.
Assessed value for housing co-operatives 1,970 billion SEK
When multi-dwelling and commercial building units are distributed by owner type, housing co-operatives had the largest total value in 2025, amounting to 1,970 billion SEK distributed across 28,000 assessed units. The second-largest ownership category by assessed value was Swedish limited companies, with a total value of 1,870 billion SEK across 57,000 units. Public housing companies owned just under 16,000 units with a total value of 780 billion SEK.
Owner-occupied dwellings (residential buildings) were primarily owned by natural persons. The total holdings of the type exceeded 9 billion SEK, of which 5 billion SEK was owned by natural persons. Swedish limited companies were the second-largest ownership category, with holdings valued at 3 billion SEK.
Assessed values 2025 in billion SEK: Multi-dwelling and commercial buildings, and owner-occupied dwelling (residential buildings) by type of owner
Limited companies are largest owners of industry, earth excavation, and electrical generating units
Industrial units, earth excavated units, and electrical generating units were predominantly owned by Swedish limited companies when measured by total assessed value. Their holdings amounted to 1,120 billion SEK across nearly 70,000 units. Most units were industrial properties, with a combined assessed value of 580 billion SEK.
Natural persons owned just over 35 percent of the electrical generating units, but their holdings represented less than 1 percent of the total assessed value. Swedish limited companies were the largest ownership category in both number of units and assessed value: 59 percent of the units, valued at 540 billion SEK, corresponding to 97 percent of the total assessed value for electrical generating units in 2025.
Most earth excavation units were owned by natural persons. However, limited companies held the highest assessed value, totalling 1.8 billion SEK. Natural persons owned earth excavation units valued at 1.6 billion SEK.
Assessed values in billion SEK 2025. Industrial units, earth excavated units, and electrical generating units by type of owner
Value increase of 5 percent for multi-dwelling and commercial buildings, and owner-occupied dwelling (residential buildings)
The 2025 assessment of multi-dwelling and commercial buildings, and owner-occupied dwelling (residential buildings) resulted in an average increase of 5 percent in assessed value for units comparable between 2024 and 2025 in terms of area and year of value. The figure is an unweighted average where each unit carries equal weight. The highest increases were found in the two counties Gävleborg and Västerbotten, where comparable units increased by 14 percent. Halland County recorded an average decrease of 1.5 percent. These property types are reassessed every three years; the 2025 assessment was the first since 2022.
Change in assessed value for comparable units of multi-dwelling and commercial buildings, and owner-occupied dwellings, residential buildings, 2024–2025
Industry, earth excavation, and electrical generating units increased by 29 percent
Industry, earth excavation, and electrical generating units had an average increase of 29 percent between 2024 and 2025. This refers to an unweighted average for units comparable in area and year of value. In the counties Blekinge and Västerbotten, the average increase was nearly 50 percent. These property types are reassessed every six years; the 2025 assessment was the first since 2019.
Change in assessed value for comparable units of industry, earth excavation, and electrical generating, 2024–2025
Definitions and explanations
Statistics Sweden (SCB) collects data on real estate tax assessments from the Swedish Tax Agency. The assessed value is intended to correspond to 75 percent of the market value two years before the latest assessment. Market value refers to the price an assessed unit could achieve in an open-market sale. For the 2025 assessment, assessed values correspond to 75 per cent of 2023 sales prices.
The statistics cover property types that underwent general or simplified property assessment in 2025. Multi-dwelling and commercial buildings, and owner-occupied dwellings, residential buildings, units are reassessed every three years, while industrial, earth excavated, and electrical generating units are reassessed every six years.
An assessed unit usually corresponds to a property. Exceptions occur when parts of a property have different owners or different tax liability conditions or uses. Multiple properties within a municipality may be combined into one assessed unit if they have the same owner, tax conditions, and use.
Average changes in assessed value are calculated for comparable units — those unchanged in area and year of value. Units with extreme value changes have been excluded to improve comparability at aggregated level. Of the multi-dwelling and commercial buildings, and owner-occupied dwellings (residential buildings), 67 per cent were included in the calculation; for industrial, earth excavated, and electrical generating units, the share was 29 per cent.