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Barfoed Group

Barfoed Group is one of Denmark's largest privately owned real estate companies, headquartered in Odense, with over 100 years of local roots.

Last updated September 28, 2026

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Overview

Barfoed Group P/S is a Danish privately owned real estate company headquartered in Odense. It is among Denmark's largest private property owners, with a portfolio valued at over DKK 10 billion. The company rents out residential and commercial properties across many Danish cities, offering apartments, offices, retail spaces, restaurants, warehouses, industrial facilities, clinics, and educational premises. In 2024, Barfoed Group reported revenue of DKK 561 million, a profit of DKK 231 million, and 117 employees. It was ranked the 24th largest property owner in Denmark in 2020 by property value, and in 2016 it had the largest profit among Funen-based companies. The company is a member of EjendomDanmark and has sponsored the Barfoed Group Tribune at Odense Stadium since 2019. The group's CEO is Frederik Barfoed. In 2024, Munkebjerg Park, owned by Barfoed Group, received DGNB certification. The family's rental activities began before World War II, started by Frederik Barfoed's grandfather. In the 1980s, Rolf Barfoed, Frederik's father, was a window salesman and bought rental properties in Odense with his profits. Frederik Barfoed joined in 1998, having previously been an assistant at BG Bank. In 2023, Rolf Barfoed left the board and transferred all his assets to his successors. Since then, Barfoed Group has been owned by Frederik Barfoed and his sister Camilla Barfoed. The family was ranked the 48th richest in Denmark in 2024. The company has faced several controversies, including a 2006 fraud conviction for Frederik Barfoed related to artificially inflated insurance claims, a 2015 back-pay settlement to former caretakers, and a 2025 fatal accident at Munkebjerg Park followed by evacuation of 188 apartments due to foundation safety concerns.

History

The Barfoed family's rental activities began before World War II, started by Frederik Barfoed's grandfather. His children later ran the business. In the 1980s, Rolf Barfoed, Frederik's father, worked as a window salesman and used his profits to buy rental properties in Odense. In 1998, Frederik Barfoed joined the company; he had previously been an assistant at BG Bank. In 2023, Rolf Barfoed left the board and transferred all his assets to his successors. Since then, Barfoed Group has been owned by Frederik Barfoed and his sister Camilla Barfoed. The family was ranked the 48th richest in Denmark in 2024. The company has grown to become one of Denmark's largest privately owned real estate companies, with a portfolio valued at over DKK 10 billion. In 2024, Barfoed Group reported revenue of DKK 561 million, a profit of DKK 231 million, and 117 employees. It was ranked the 24th largest property owner in Denmark in 2020 by property value, and in 2016 it had the largest profit among Funen-based companies. The company is a member of EjendomDanmark and has sponsored the Barfoed Group Tribune at Odense Stadium since 2019. In 2024, Munkebjerg Park, owned by Barfoed Group, received DGNB certification. The company has faced several controversies: in 2006, Frederik Barfoed was convicted of fraud after the group raised rents citing artificially high insurance premiums using false documents from Codan; in 2015, Barfoed Group paid DKK 120,000 in back pay to two former caretakers for unpaid wages; in January 2025, a 45-year-old carpenter working for Færch and Co. died after a walkway at Munkebjerg Park collapsed, and Barfoed Group subsequently filed a claim of DKK 10-12 million against Rambøll, which had made errors in static calculations according to the Danish Working Environment Authority; unions from Byggefagenes Samvirke were denied access to inspect safety conditions immediately after the accident; Rambøll was fined DKK 437,000 for violating working environment legislation; on 10 October 2025, residents of 188 apartments at Munkebjerg Park were evacuated due to an unsafe foundation, and residents were allowed to return at various times, with the last returning on 18 November.

  • 2025

    Fatal accident at Munkebjerg Park; evacuation of 188 apartments

  • 2024

    Munkebjerg Park receives DGNB certification; revenue DKK 561 million, profit DKK 231 million, 117 employees

  • 2023

    Rolf Barfoed leaves the board and transfers assets to successors

  • 2020

    Ranked 24th largest property owner in Denmark by property value

  • 2019

    Sponsorship of Barfoed Group Tribune at Odense Stadium begins

  • 2016

    Largest profit among Funen-based companies

  • 2015

    Barfoed Group pays DKK 120,000 in back pay to two former caretakers

  • 2006

    Frederik Barfoed convicted of fraud

  • 1998

    Frederik Barfoed joins the company

Products and positioning

One of Denmark's largest privately owned real estate companies with over 100 years of local roots in Odense.

Product categories. Residential rental apartments · Commercial rental properties (offices, retail, restaurants, warehouses, industrial, clinics, education)

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