Titania acquires remaining 50% of JV company in Vallentuna from K-Fastigheter

Titania has entered into an agreement to acquire the remaining 50 percent of the shares in the joint venture company that owns the project property Vallentuna‑Rickeby 1:48. The project is being sold during ongoing production and the underlying market value amounts to SEK 175 million, which corresponds to SEK 75,000 per square meter and constitutes the property value for the transaction. After the transaction, Titania is the sole owner of the property.The property, located in central Vallentuna, Sweden, approximately 400 meters from the center and positioned for easy access to commuting, services and nature. The project covers 2,338 square meters divided into 74 rental apartments and an underground garage with a combined rental value of approximately SEK 11 million. The parties have managed to negotiate strong rental levels, which further strengthens the project’s long-term return, calculated as yield on cost including financing, is expected to be approximately 6.6 percent.

The project is expected to be completed during the first half of 2026. The collaboration between K-Fastigheter and Titania has been close, constructive and well-coordinated and has resulted in a well-implemented and competitive product.

“We are very pleased to have completed this project together with Titania. The collaboration has worked excellently, and we look forward to developing more projects together in the future. The sale is in line with K‑Fastigheter’s increasingly strong position as a project developer, where we focus on high turnover rates and no longer keep all projects under our own management,” says Magnus Persson, Business development manager at K-Fastigheter.

“This project is clear confirmation of what can be achieved when two actors with high ambitions and strong execution skills work together. The collaboration with
K-Fastigheter has been both effective and valuable, and the result is a product that is of high quality and stands out very well in the market. The fact that we are now taking full ownership is a natural step in our growth strategy. Vallentuna-Rickeby 1:48 is an attractive asset, and we look forward to managing with the same precision as we built it,” says Einar Janson, CEO of Titania.

For further information, please contact:

Anders Söderlund, CFO & Head of IR
[email protected], Tel: +46 8‑668 44 44

 About Titania

Titania is a property development company focused on the in‑house development of residential housing in the Stockholm region. The company has the capacity to manage large-scale urban development projects from the early stages of the zoning process through to the completion of newly built residential areas. Titania retains a majority of the properties it develops as rental housing for its own long‑term management.

The company was founded in 2005 and is listed on Nasdaq First North.
Titania’s certified adviser is Eminova Fondkommission AB, Tel: +46 8‑684 211 10, email: [email protected]