Sustainable housing for the future
SKB (Stockholms Kooperativa Bostadsförening) is a housing co-operative that builds, manages and rents residential properties to its members. The co-operative is owned by its residents and queuing members, and is open to all.
Today, we manage over 8,000 apartments in Stockholm and five of its adjacent municipalities. This makes us the largest player in the privately rented market in Stockholm.
Cooperative entrepreneurship has a long tradition in Sweden, and its basic values include solidarity, justice and cooperation. In our case, “co-operation” means 90,000+ members who own and contribute to the development of the association. It is our members’ involvement that is our foundation, and together we continue to develop the concept that was launched in 1916.
The executive organisation is chaired by a CEO who is appointed by SKB’s Board of Directors. The organisation comprise just over 130 staff and is run as an economic association on commercial terms with the best interest of our members at the forefront. As SKB is not-for-profit, any surplus is reinvested into the association, thus benefiting our members. We consider it of paramount importance to act responsibly on social, economic and environmental issues, and to work on sustainability in a number of areas.
Because of its size and form of tenure, SKB is a unique organisation that offers variety in the housing market. We are located in one of Europe’s fastest-growing metropolitan regions and our aim is to build 1,300 new apartments over the next five years. We want to continue providing more people with the possibility to live in the Stockholm region. We do this through high quality housing and management, and our standpoint is that we will always manage what we own.
Shorts facts and figures
- SKB is a membership-owned housing co-operative
- 90,000 members
- 8,000 apartments in Stockholm and its outskirts
- 133 employees
- 747 million SEK turnover
- 110 million SEK profit
- Market value of properties 22.5 billion SEK
(end of year 2017, 10 SEK = ~1 Euro)