Overview
Description
Hemnet Group AB (publ) operates Sweden's leading residential property platform, connecting buyers, sellers, and real estate agents through intuitive digital tools and comprehensive listings. Founded in 1998 as an industry initiative and headquartered in Stockholm, the company has evolved into a dominant marketplace that attracts over 40 million monthly visits and 1.9 million weekly unique visitors, making it one of Sweden's top commercial websites. Its business model leverages a powerful network effect: more buyers draw additional sellers and agents, while expanded listings enhance buyer engagement. Hemnet generates revenue primarily from housing advertisements, value-added services for sellers and realtors, and partner offerings, enriched by data-driven insights, informative articles, and personalized monitoring features. Operating in the Internet Content & Information industry within Communication Services, with around 165 employees, Hemnet fosters lasting relationships across the housing market by providing a 'win-win' ecosystem that supports transactions, brand growth, and lifelong housing needs. The platform's sustained innovation underscores its pivotal role in Sweden's real estate sector.
About
CEO
Mr. Ahmed Khaled El-Hoshy
Employees
148
Address
Sveavägen 9
11 Bermudiana Road
Stockholm, 111 57, MI
Sweden
11 Bermudiana Road
Stockholm, 111 57, MI
Sweden
Phone
46 8 50 90 68 00
Website
Instrument type
Common stock
Sector
Communication Services
Industry
Internet Content & Information
Country
Sweden
MIC code
XSTO