The contract encompasses around 7,300 sq.m. and is for a period of 20 years. The building in question, which is a part of the property Helgafjäll 2, will be completely renovated. StayAt is scheduled to move in in August 2016.

"We look forward to increasing our capacity in Kista and complete our concept in new premises together with Klövern. Here we have the possibility of creating a meeting place and atmosphere where we through passion, consideration and competence can offer what we believe is the future of staying", says StayAt HotelApart AB's CEO Daniel Stendahl.

"We are happy to be able to offer StayAt newly renovated tailor made premises. We believe the new apartment hotel will be an important contribution to the continued development of Kista, says Klövern's CEO Rutger Arnhult.

Annordia has been adviser to Klövern.