It manages a portfolio of real estate on behalf of the clients of KLP, municipal and county employees.

Most of the investments are located in Oslo and Trondheim, though there are other localities in Norway too, in addition to some in Denmark and Sweden.

Included in the portfolio are a number of shopping centers and hotels.

It was founded as Trondheim Næringsbygg in 1988 by the city council, but was later privatized.

Notable buildings include Technobyen, the police station, the nursing department of Sør-Trøndelag University College and all the municipally run parking houses in town.