Titania is a rapidly growing real estate company with a strong focus on the Stockholm region. The company’s operations encompass project development, construction, and property management. Titania is involved throughout the entire value chain, from early urban and project development stages to land acquisition, construction, leasing, and ultimately long-term property management. Titania possesses expertise across all segments of the value chain and has the capacity to execute large-scale urban development projects that contribute to enhanced social and economic sustainability.
Project Development
The development of rental apartments and tenant-owned housing forms the core of Titania’s business. The company’s strategy is to create new building rights through active planning processes and close collaboration with municipalities. For each project, the local municipality’s vision is prioritized and serves as the framework for the design of Titania’s product.
Land for residential development projects can be acquired in three ways: through land allocation competitions, direct allocations, or private purchases. The majority of Titania’s land has been obtained via land allocation competitions.
- Municipal land assignment competitions involve municipalities inviting selected developers to submit proposals for development based on municipal guidelines. A jury evaluates the proposals and selects a winner, who is granted exclusive negotiation rights with the municipality regarding the terms of development.
- In a direct allocation, municipal land is assigned to a developer without a competitive process. This may occur when a developer initiates a project or when the municipality seeks a specific form of tenure or diversity in housing.
- Privately owned land is identified through Titania’s network of property owners and transaction advisors.
To enable residential construction on a property, a legally binding zoning plan and building permit are required. Large-scale housing production in Sweden is typically preceded by a lengthy process involving early planning and design, zoning procedures, and building permit applications. It often takes several years from the initial idea to the groundbreaking. Developing new residential areas is complex, involving numerous considerations, choices, and decisions before construction can begin. If no zoning plan exists for the area, one must be developed—a potentially lengthy and intricate process where the developer’s initiative, competence, and innovation are crucial to achieving the best possible outcome.
Titania also works continuously with urban development by coordinating and implementing holistic strategies in the areas where it operates. The company has experience working in areas with relatively low land prices, including so-called “Million Programme” districts with development potential, where the value created can have a significant leverage effect. Titania believes that value can be added to urban development through high architectural standards, urban qualities with diverse offerings, job creation, safety-enhancing urban planning, activity-based amenities such as parks, and the opening up of previously inaccessible environments.
Construction
The Construction division is characterized by cost efficiency, short and effective construction timelines, and long-term sustainable quality. With a background as a general contractor, Titania is able to manage projects independently, taking full responsibility for all stages of the construction process, from early design to fully functional buildings. Construction activities include project management, subcontractor procurement, construction monitoring, and ongoing dialogue with suppliers.
Drawing on extensive experience from large-scale contracts for external clients, Titania ensures a cost-effective process while delivering a final product of high architectural, sustainable, and functional quality. The company is flexible in its construction methods and is not dependent on any single building system, with experience in on-site construction using wood, concrete, steel, and glass, as well as prefabricated building elements.
During the construction phase, significant emphasis is placed on sustainability aspects such as workplace safety, secure production processes, safe and sustainable material choices for residents, low energy consumption, and zero tolerance for corruption.
Property Management
Titania manages the properties it has developed or acquired. The company’s strategy is to retain approximately 70 percent of completed projects for long-term ownership and management. These properties provide a stable source of income that complements revenues from project development, and Titania aims to maintain and further develop this income stream.
Titania takes a long-term approach to property management, striving for secure and cost-effective operations with a high level of service. Management activities include property maintenance, technical management, financial administration, leasing, and handling of service requests. External providers are occasionally engaged for property-related services.