The hotel is sitauted by E18 in Kolbotn south of Oslo, close to The Well and Tusenfryd.
"We are to strenghten our collaboration with Nordic Choice and look forward to continue to develope this newly renovated hotel in an exciting market. The municipality of Oppegård is in an exciting development stage and Oslo as a whole has had a very strong growth in the last year. After its renovation, this hotel has good opportuinties to offer our guests something complely different," says Midstar's Ola Stendebakken.
"We are with the result of the renovation and are convinced that Midstar is the right company to manage the property," says Strawberry Properties' Magnus Carlsson.
Thommessen, Ramböll, KPMG, CBRE and Cushman & Wakefield has been Midstar's advisors.
Pangea Property Partners has been the seller's advisors.
Midstar Buys Hotel from Petter Stordalen
Norway — Midstar has acquired Mastemyr Hotel AS, owners of Quality Hotel Entry in Kolbotn, from Petter Stordalen's Strawberry Properties.