Norway's KLP Fastigheter has acquired Pennfäktaren 12 from RBS Nordisk Renting in Stockholm. The property, which includes the five-star Radisson SAS Royal Viking Hotel. The 26,400 m[sup]2[/sup] Radisson SAS Royal Viking Hotel features 459 rooms, conference facilities, fitness centre, pool, spa, fish and seafood restaurant as well as the popular Sky Bar with views over central Stockholm.
Norway's KLP Fastigheter has acquired Pennfäktaren 12 from RBS Nordisk Renting in Stockholm. The property, which includes the five-star Radisson SAS Royal Viking Hotel. The 26,400 m2 Radisson SAS Royal Viking Hotel features 459 rooms, conference facilities, fitness centre, pool, spa, fish and seafood restaurant as well as the popular Sky Bar with views over central Stockholm.
'We are very pleased to have acquired this fantastic property,' KLP Eiendom's CEO. Steinar Manengen said. 'It fits perfectly into the portfolio we want to build in Sweden.'
KLP Fastigheter already owns six hotels in Norway and one in Sweden. The company plans to build a Swedish portfolio over the next four to five years through further acquisitions of attractive, functional, and centrally located properties. The targeted size of the portfolio is some SEK 5-7 bn (EUR 472-661 mln) , focussing mainly in Stockholm. Primarily offices as well as shopping centres and hotels are also of interest, the company said, adding that development projects will also be part of the portfolio in the future.
RBS Nordisk Renting has owned the Royal Viking Hotel since 1994. Leimdörfer acted as adviser to the vendor in this transaction.
