Balder buys Karlatornet hotel and sells building rights to Serneke (SE)

Balder buys Karlatornet hotel and sells building rights to Serneke in Veddesta (SE)

Fastighets AB Balder (Balder) buys the hotel building in Karlatornet. At the same time, Balder sells 55,000m2 of building rights in Veddesta, Jarfalla municipality to Serneke.

 

Via the joint company Karlatornet AB, Balder and Serneke completed a sale of Karlatornet's hotel building to Balder at the beginning of February. The purchase price is c. €58.7m, which corresponds to the underlying property value. With the transaction, Balder uses the option right.

 

The hotel area is c. 17,000m2 and includes c. 300 rooms spread over 15 floors. The tenant is the Strawberry Group, which from summer 2024 will operate a Clarion hotel in the building.

 

We have a long history together with Petter Stordalen and his prominent hotel group. The hotel building at Karlatornet is progressing according to plan and I am sure that it will be a fantastic concept and contribution to the district and Gothenburg”, said Erik Selin, CEO of Fastighets AB Balder.

 

 

Image source - Cision. 

 

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