Balder acquires the hotel property Scandic Opalen in Gothenburg (SE)

Balder acquires the hotel property Scandic Opalen in central Gothenburg. The hotel area is 18 500 m² and consist of, inter alia, 353 hotel rooms. Affixed property value amounts to approximately 550 million. The entire property is leased to Scandic Hotels AB on a long term contract.


"Scandic Opalen is a profile property with a very strategic location with close proximity to Ullevi, Scandinavium, Swedish Exhibition Centre, Liseberg as well as the Avenue," CEO Erik Selin.


Savills has been the seller´s advisor in the deal.


Source: Balder

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