Host Property and Gelba Fastigheter form partnership – portfolio of eight hotels

Host property and Gelba Fastigheter form partnership with a portfolio of eight Swedish hotels.

Image: Colliers

Host Property and Gelba Fastigheter form partnership – portfolio of eight hotels

Sweden — Host Property has sold 51 percent of its shares to Gelba Fastigheter, keeping 49 percent ownership. Additionally, the company's bond loans have been refinanced.

2023-11-21

The portfolio consists of eight regional Swedish First Hotels, with 967 rooms and approximately 75,000 lettable area. Among these, four hotels are situated in the southern part of Sweden, while the remaining four are located in the northern region from Sundsvall to Örnsköldsvik. Several of these properties holds significant potential for development.

Colliers has acted as the financial advisor to Host Property in connection with the transaction.

Anthon Näsström

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