AB Bostaden
Encyclopedia
AB Bostaden is a municipally owned public housing company in Umeå Municipality
. AB Bostaden is a subsidiary to Umeå kommunföretag AB, which in turn is owned by the Umeå Municipality.
The company has a market share of about 45% of the housing rental market in Umeå and owns and manages about 15,000 apartments.
. In 2010, they estimated that about 4,000 of their older apartments was in need of renovation. In 2009, AB Bostaden spent about 125 million SEK
on maintenance.
Umeå Municipality
Umeå Municipality is a municipality in Västerbotten County in northern Sweden. Its seat is located in Umeå, which is also the county seat of Västerbotten County.-Administration:...
. AB Bostaden is a subsidiary to Umeå kommunföretag AB, which in turn is owned by the Umeå Municipality.
The company has a market share of about 45% of the housing rental market in Umeå and owns and manages about 15,000 apartments.
History
Many of the apartments owned by AB Bostaden were built between 1965 and 1975 as part of the Million ProgrammeMillion Programme
The Million Programme is the common name for an ambitious housing programme implemented in Sweden between 1965 and 1974 by the governing Swedish Social Democratic Party to make sure everyone could have a home at a reasonable price. The aim of the programme was to build a million new dwellings in a...
. In 2010, they estimated that about 4,000 of their older apartments was in need of renovation. In 2009, AB Bostaden spent about 125 million SEK
Swedish krona
The krona has been the currency of Sweden since 1873. Both the ISO code "SEK" and currency sign "kr" are in common use; the former precedes or follows the value, the latter usually follows it, but especially in the past, it sometimes preceded the value...
on maintenance.