What TB-Gruppen does

TB-Gruppen AB is a privately-held Swedish real estate development group (legal entity org.nr 556613-3897) founded in 1970 in Herrljunga and headquartered in Alingsås, operating through wholly-owned subsidiaries TB-Gruppen Förvaltning AB (property management), TB-Gruppen Projekt AB (project development) and TB-Gruppen Bostad AB (residential). The company develops residential property (bostadsrätter, tenant-owned apartments, townhouses, villas and student housing), commercial real estate (build-to-suit retail and logistics), and hotels, retaining long-term ownership of select commercial assets including the Gallerian Storken shopping center in Alingsås (~30 stores) and the ICA Vårgårda Handelsplats.

The group's portfolio encompasses 1,500 residential units in development across western Sweden, Stockholm and Uppsala, a 1.5 billion SEK property portfolio including 100,000 m2 of leasable commercial space, and 500,000 m2 of developable land. Technical differentiation centers on ultra-low energy construction: Gullviva and Mandelblom in Knivsta deliver 247 apartments at energy class A with primary energy use at 38% of BBR requirements (16–18 kWh/m²/year) under Miljöbyggnad Silver certification, with geothermal heating and FTX ventilation. Complementary capabilities include Q-marked heritage restoration (Kärnmakaren in Alingsås) and neo-classical/jugend-style integration into culturally sensitive districts (Ekmansgatan 5 in Gothenburg's Lorensberg). Architect collaborations span Snøhetta (Berzelii Linea), Kaminsky Arkitektur (student housing in Gamlestaden), Inobi/Albert Svensson (Ekmansgatan 5, Tuvesvik), VÄV Arkitekter (Myrberget), and Andreas Martin-Löf (MM77).

Revenue derives from two primary streams: one-time sale of completed residential units to individual buyers and institutional investors (e.g., Lansa Fastigheter acquired the Gullviva/Mandelblom portfolio), and recurring rental income from owned commercial assets (ICA, Willys, Broson Steel, healthcare tenants like Endorfin, and the Gallerian Storken retail center). GTM is sales-led and project-based: direct-to-consumer for residential via project microsites and interest registration forms, enterprise field sales with build-to-suit leases for commercial (ICA Sverige AB, Dagab), and competitive municipal tendering (markanvisning) for land allocation with municipalities such as Gothenburg, Knivsta, Orust and Kungälv. Equity capital stands at 800 MSEK with a 50% solvency ratio following the 2020 divestiture of construction arm Tommy Byggare, with management including VD Marcus Lerander, Lars Kylin (VD Bostad), business managers Rasmus Thorild, Katrin Falk, Joakim Bernhardsson, and Fastighetsutvecklingschef Magnus Johansson.

Name

TB-Gruppen

Legal name

TB-Gruppen AB

Website

https://tb.se

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

11–50 employees

Short description

TB-Gruppen is a Swedish privately-held real estate developer developing residential, commercial and hotel properties across western Sweden, Stockholm and Uppsala, with a 1.5 BSEK property portfolio and ultra-low energy construction capability serving individual buyers, institutional investors, and enterprise tenants like ICA and Willys.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

New Housing For-Sale Builders (236117), Residential Building Construction (23611), Rental and Leasing Services (532), Lessors of Other Real Estate Property (53119), Real Estate Property Managers (53131)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520), Lessors Of Real Property, Nec (6519), Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Real Estate (6500)

akta.pro primary industry

Residential General Contracting (New Build) (IMAFAAAB)

Keywords

• Real estate development
• Residential property development
• Commercial property leasing
• Sustainable construction
• Property management

Headquarters

HQ city

Alingsås

HQ country

Sweden

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

1. Residential property sales: TB-Gruppen develops and sells residential properties (bostadsrätter/condominiums and tenant-owned apartments). Revenue is generated from the sale of completed apartments to individual buyers. The company develops housing projects across Sweden targeting various buyer segments from students to families.
2. Commercial property rental: TB-Gruppen owns and manages commercial properties generating recurring rental income from tenants. Commercial tenants include retailers (ICA, Willys), healthcare operators, fitness centers, and other businesses. Properties include retail spaces, office buildings, and mixed-use developments.
3. Build-to-suit commercial development: TB-Gruppen develops custom commercial properties for specific tenants (build-to-suit), often with long-term lease agreements signed before construction begins. This provides project financing security while creating ongoing rental relationships with anchor tenants.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

TB-Gruppen is a Swedish real estate developer that acquires land and develops residential properties (condominiums, rental apartments, townhouses, student housing, senior living), commercial properties (retail, logistics, mixed-use) for enterprise tenants, and destination hotels across Sweden. The company retains ownership of commercial assets for rental income, sells residential units to individual buyers, and divests completed residential developments to institutional investors. It also provides long-term property management through its subsidiary TB-Gruppen Förvaltning AB.

Product overview

TB-Gruppen is a Swedish real estate development company (fastighetsutveckling) that operates as a unified platform developing residential properties (bostadsutveckling), commercial properties (kommersiella lokaler), and hotels (hotellutveckling). The portfolio includes completed landmark projects like Dallas Tower in Solna and Kerlingeborg in Göteborg, ongoing developments such as Toltorpshöjd in Mölndal and Lagerbladet in Norrtälje, and planned projects including Mariedals Trädgårdar garden city in Alingsås, Tuvesvik destination hotel on Orust, student housing in Gamlestaden, and Myrberget garden city in Knivsta. The company also provides property management services and manages the Gallerian Storken shopping center in Alingsås. TB-Gruppen operates from offices in Alingsås (headquarters), Knivsta, and Västerås.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Property Development (Bostadsutveckling) Development of residential properties including bostadsrätter (condominiums), rental apartments, townhouses, villas, and student housing across Sweden. Currently 1,500 units under development.
• Commercial Properties (Kommersiella lokaler) Development and construction of commercial retail spaces, office buildings, and logistics facilities tailored to tenant specifications under long-term lease agreements. Includes 100,000 m² of leasable commercial space.
• Hotel Development (Hotellutveckling) Development of destination hotels and hospitality properties, including concept design and construction. Currently includes the planned Tuvesvik Destinationshotell on Orust.
• Property Management (Fastighetsförvaltning) Long-term property management services for the owned real estate portfolio through TB-Gruppen Förvaltning AB, including tenant relations, maintenance, and operation of properties such as Gallerian Storken shopping center in Alingsås.
• Willys Vårgårda Grocery Store Planned new Willys grocery store development at Wallentinsvägens handelsplats in Vårgårda, over 3,200 m² with full Willys assortment plus e-commerce.
• Mezzaninen Student Housing Gamlestaden Planned student housing development in Gothenburg at Gamlestads Torg with 160 apartments for approximately 200 students, designed by Kaminsky Arkitektur.
• Mariedals Trädgårdar Garden City Planned garden city development in Alingsås with approximately 100 condominiums inspired by Alingsås' traditional wooden house quarters.
• MM77 Premium Residential Development Planned exclusive residential development in Nacka with 29 premium apartments designed by award-winning architect Andreas Martin-Löf, near Duvnäsviken waterfront.
• Myrberget Garden City Planned garden city development in Knivsta with approximately 200 small houses including row houses, semi-detached and detached villas with nature park including barbecue area and sledding hill.
• Berzelii Linea Luxury Residences Planned limited number of private homes in historic jugend-style property in central Gothenburg with architecture by globally renowned firm Snøhetta.
• Kvarter Sparven Mixed-Use Quarter Planned mixed-use quarter development in Kungälv combining residences, commerce, healthcare, service and care facilities.
• Degrabo Logistics Facility 10,000 m² logistics and production facility in Vårgårda adjacent to E20 motorway, fully leased to Broson Steel.
• Kärnmakaren Heritage Restoration Restoration of Q-rated (culturally protected) 1940s industrial building in Alingsås, converted to modern gym, rehabilitation clinic and office spaces while preserving cultural heritage and achieving highest energy class.
• Gallerian Storken Shopping Center City shopping center in Alingsås with approximately 30 stores, owned and managed by TB-Gruppen. Tenants include Elon Ljud & Bild and other retailers.
• Lagerbladet Townhouses Ongoing townhouse development in Björnö, Norrtälje with 20 single-level wooden townhouses of 90 m² each with gardens and parking.

Quantifiable outcome

• Energy consumption reduced to 16-18 kWh/sqm/year (38% of BBR requirements) in Gullviva and Mandelblom projects
• +3 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Twelve partnerships are on record, tiered core, major, minor and flagship.

• Dagab / WillyscoreChannel Partner/ Reseller/ Distributor · 1 March 2026TB-Gruppen signed lease agreement with Dagab to develop a new Willys grocery store (3,200+ m2) at Wallentinsvägens handelsplats in Vårgårda. This is Dagab's expansion in Vårgårda, complementing existing ICA presence. Store opening planned for autumn 2027.
• Kaminsky ArkitekturcoreStrategic or Co-development Partner · 1 November 2025Kaminsky Arkitektur partnered with TB-Gruppen to win Gothenburg's municipal tender for student housing development at Gamlestads Torg. Their winning proposal was selected by students themselves during the evaluation process.
• ICA Sverige ABcoreChannel Partner/ Reseller/ Distributor · 1 April 2025ICA Sverige AB is the anchor tenant in TB-Gruppen's commercial development at Wallentinsvägen in Vårgårda. TB-Gruppen developed a new ICA Kvantum supermarket and Apotek Hjärtat facility, certified Miljöbyggnad Silver. ICA operates the retail space under a long-term lease agreement.
• Inobi / Albert SvenssoncoreStrategic or Co-development Partner · 1 December 2022Architecture firm Inobi together with architect Albert Svensson designed Ekmansgatan 5, winning Gothenburg's municipal design competition. The project won multiple awards internationally and nationally. Collaboration continued for Tuvesvik hotel project on Orust.
• Knivsta MunicipalitycoreStrategic or Co-development PartnerTB-Gruppen collaborates with Knivsta Municipality on multiple development projects including Ängby district (since 2014), Mariedals Trädgårdar residential area, and Myrberget garden city development (200 homes). Municipality provides planning approval and land access.
• Veidekke EntreprenadmajorImplementation/ SI/ Consulting PartnerVeidekke served as general contractor (totalentreprenör) for Gullviva and Mandelblom residential projects in Knivsta (247 apartments total), built to TB-Gruppen's specifications for ultra-low energy performance.
• Lansa FastighetermajorChannel Partner/ Reseller/ DistributorLansa Fastigheter is the institutional investor that acquired and owns the Gullviva and Mandelblom residential properties (247 rental apartments) developed by TB-Gruppen in Knivsta. These are among Sweden's most energy-efficient buildings.
• Orust MunicipalitycoreStrategic or Co-development PartnerTB-Gruppen won Orust Municipality's land allocation competition (2022) to develop a destination hotel at Tuvesvik. Currently in planning phase with municipal detail plan amendment process underway.
• VÄV ArkitektercoreStrategic or Co-development PartnerVÄV Arkitekter is collaborating with TB-Gruppen on the Myrberget garden city project in Knivsta (approx. 200 homes). TB-Gruppen drives the developer-led planning process with VÄV handling architectural design.
• EndorfinminorStrategic or Co-development PartnerTB-Gruppen is converting a former ICA supermarket space in Vårgårda into a health center operated by Endorfin. This partnership transforms the retail space into a wellness facility, creating activity and community in the town center.
• SnøhettaflagshipStrategic or Co-development PartnerSnøhetta, one of the world's most influential architecture firms, designed Berzelii Linea residential project in Gothenburg - a limited number of exclusive homes in a building with Art Nouveau heritage. This collaboration positions TB-Gruppen in the luxury residential segment.
• Broson SteelminorChannel Partner/ Reseller/ DistributorBroson Steel is the sole tenant of TB-Gruppen's 10,000 m2 logistics and production facility built adjacent to E20 in Vårgårda (completed 2022). Long-term industrial lease relationship.

Scale indicators7 records

Recent moves11 records

Expansion highlights6 records

Broad incumbents

• NCC: One of Sweden's largest construction and real estate development companies, active across residential, commercial, and infrastructure. Directly comparable as a major Swedish developer with mixed residential and commercial pipelines, though considerably larger and more diversified.
• Skanska: Major Swedish construction and real estate development group with significant residential and commercial project pipelines. Comparable in mixed-use development expertise but operates at much larger scale and broader geographic scope.
• Wallenstam: Swedish real estate company developing and managing residential and commercial properties primarily in Stockholm and Gothenburg. Comparable in dual residential/commercial focus and long-term ownership approach.

Direct peers

• Bonava: Swedish residential developer focused on building homes for sale and rent across Nordic and Baltic markets. Closely comparable business model of developing and selling condominiums and rental apartments to homeowners and institutional investors.
• Veidekke: Norwegian-headquartered Scandinavian construction and residential developer. Already a contractor partner on TB-Gruppen's Knivsta projects; comparable in residential development operations across Nordic growth markets.
• JM: Sweden's largest residential developer, primarily producing bostadsrätter and rental apartments in Stockholm, Gothenburg, and other growth regions. Highly comparable in product offering, target buyer segment, and geographic focus on Swedish growth corridors.
• Riksbyggen: Swedish cooperative housing developer producing bostadsrätter and rental apartments nationwide. Comparable in residential development for ownership and rental segments with similar Swedish geographic concentration.

Emerging players

• Serneke: Swedish construction and real estate development company based in western Sweden (Gothenburg region). Comparable regional presence in Västergötland and similar mixed residential/commercial development profile.

Regional players

• Stena Fastigheter: Swedish residential property developer and long-term owner with major operations in Gothenburg and Stockholm. Comparable in regional residential development focus and long-term ownership strategy.
• Catena: Swedish real estate company specializing in logistics and commercial properties. Comparable in the commercial build-to-suit and long-term ownership segment of TB-Gruppen's business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/tb-gruppen

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TB-Gruppen