Corum Makes Hotel Acquisition

Finland — Renger Investment Management (RIM) continues its cooperation with Corum Asset Management in its expansion into the Nordic real estate market. Corum AM has, on behalf of its fund Corum Convictions SCPI, acquired a portfolio of 6 hotel assets across Finland. Vendor is CapMan Hotels RE Ky.

2018-09-21

The portfolio comprises approximately 43,500 sqm and holds approximately 870 rooms. The hotels are located in Turku, Kemi, Rauma, Saariselkä, Kuusamo and Katinkulta. Purchase price is EUR 72.4 M.

The hotel portfolio includes three city center hotels in Turku, Kemi and Rauma operated by Scandic Hotels and three Holiday Club Spa Hotels located in the popular resort and recreational areas of Saariselkä, Kuusamo and Katinkulta.

Axel Ohlsson

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