News

3 February, 2020

Hotel deal in central Gävle

Blackstone and Areim have sold the hotel property Gävle Norr 20:6 to Västerkulla Hotell. The property was extensively refurbished in 2006-2007 and upgraded in 2019 with a lettable area close to 9,400 sqm and 186 hotel rooms. The tenants are Scandic Hotels on a long lease agreement and the popular restaurant Skeppet re-opening in March 2020.

20 January, 2020

Serneke sells majority stake in Karlatornet

Serneke has reached an agreement-in-principle to sell 80 percent of the landmark building Karlatornet in Gothenburg to Oaktree Capital Management. Serneke remains as a shareholder in the project and will continue to act as main contractor for the construction.

13 January, 2020

Large hotel deal in Oslo

Eiendomsspar has sold Scandic Helsfyr to Storebrand for approximately NOK 1.1 billion. The hotel is located in the expansive Helsfyr neighbourhood, 5-10 minutes east of Oslo city. Scandic Helsfyr is undergoing an extensive upgrade and expansion increasing the number of rooms from 253 to 450.

7 January, 2020

Portfolio deal in Mid Sweden

Trumbäcken Invest sold eight centrally located properties in Falun and two in Bjursås to Stålbo Fastigheter. The portfolio comprises 263 apartments and also commercial premises such as office, retail and hotel. The transaction will be closed in Q1 2020. Pangea Property Partners was sell-side adviser to Trumbäcken in the transaction.