Early Life
Erik Selin was born on May 8, 1967, in Gothenburg, Sweden. He showed an early interest in business and real estate, influenced by his father's successful business ventures. Selin began his career in real estate in the early 1990s, quickly establishing himself as a shrewd businessman.
Rise to Success
Selin founded Fastighets AB Balder in 1994, which has become one of the largest real estate companies in Sweden. He initially lost his savings in the 1990s market crash, but then acquired his first rental property at age 24. Balder's portfolio includes residential properties and 50 hotels, making it one of Sweden's largest hotel owners. Selin's leadership has been pivotal in Balder's growth. In 2014, he was named "Real Estate Person of the Year" by the Swedish Real Estate Association.
Key Business Strategies
Selin focuses on long-term strategies and reinvests profits. His company focuses on the acquisition, development, and management of residential and commercial properties, as well as hotels. Selin also serves as chairman of Collector Credit AB, SATO Oyj, and Collector AB, emphasizing his influence within the Nordic financial and property sectors.
Philanthropy
Information on Erik Selin's specific philanthropic activities and amounts is not readily available through the search results. However, his investment decisions and business strategies may reflect his commitment to creating long-term value and supporting sustainable initiatives.