An overview of the portfolios of the MAVERIC consortium partners

The document details the real estate portfolios of MAVERIC consortium partners, who manage assets with a total market value of approximately SEK 590 billion (excluding Swedbank's mortgage exposure). It outlines the classification of real estate assets into residential, commercial, and industrial sectors, and explains the accounting standards (IAS, IFRS, and US GAAP) used for valuation. The portfolios are heavily concentrated in offices and retail space, with primary geographic focus in Stockholm, Gothenburg, and Malmö.

• Sweden is a leading European market for per-capita commercial real estate investment, recording EUR 24.6 billion in 2021 and accounting for approximately 10% of total real estate investments in Europe.
• Real estate assets are generally categorized into three sectors: residential (housing and non-professional use), commercial (offices, hotels, shopping malls, and retail), and industrial (production facilities, warehouses, factories, and public sector leases).
• The MAVERIC consortium partners manage real estate portfolios with a total market value of around SEK 590 billion, excluding the mortgage exposure of Swedbank. This is compared to an estimated SEK 12,099 billion for all taxable real estate in Sweden.
• The portfolios of the consortium partners are primarily composed of offices and retail space, followed by residential units. Other assets include healthcare centres, schools, care homes for the elderly, hotels, hostels, and land for future development.
• Investment geography is concentrated in Stockholm, Gothenburg, and Malmö, though investments in shopping malls and logistics assets like warehouses have led to increased activity in city outskirts.
• Valuation methods for the partners vary by headquarters location: US-based companies follow US GAAP, while Swedish-based companies follow IFRS and IAS practices.

APA

Piseddu, T., Moberg, Å., & Vanhuyse, F. (2023). An overview of the portfolios of the MAVERIC consortium partners. Stockholm Environment Institute. https://www.sei.org/wp-content/uploads/2023/10/231003a-pr193-gill-piseddu-maveric-brief-2306b.pdf

Chicago

Piseddu, Tommaso, Åsa Moberg, and Fedra Vanhuyse. An overview of the portfolios of the MAVERIC consortium partners. Stockholm Environment Institute, 2023. https://www.sei.org/wp-content/uploads/2023/10/231003a-pr193-gill-piseddu-maveric-brief-2306b.pdf.

Wikipedia

{{cite report |last1=Piseddu |first1=Tommaso |last2=Moberg |first2=Åsa |last3=Vanhuyse |first3=Fedra |title=An overview of the portfolios of the MAVERIC consortium partners |publisher=Stockholm Environment Institute |date=September 2023 |url=https://www.sei.org/wp-content/uploads/2023/10/231003a-pr193-gill-piseddu-maveric-brief-2306b.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{piseddu2023overview, author = {Piseddu, Tommaso and Moberg, Åsa and Vanhuyse, Fedra}, title = {{An overview of the portfolios of the MAVERIC consortium partners}}, institution = {Stockholm Environment Institute}, year = {2023}, month = sep, url = {https://www.sei.org/wp-content/uploads/2023/10/231003a-pr193-gill-piseddu-maveric-brief-2306b.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }