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ARTICLES TAGGED WITH "Scandic Hotels"

How Scandic wants to fill the gap in the market – and in the office buildings

Sweden Sweden — Scandic recently opened its second hotel in the economy segment. This time at Kungsholmen, with Pandox as landlord. Recently it was also clear that they will open at Castellum in Gothenburg and Umeå will also see an establishment at Diös. Peter Jangbratt, Managing Director in Sweden, tells Nordic Property News how they aim to keep a high pace now in the continued establishment.

Laura Tarkka New Head of Scandic Hotels in Finland

Finland Finland — Scandic Hotels has appointed Laura Tarkka as new country head of the Group’s operations in Finland as well as a member of Scandic’s Executive Committee.

Pandox and Scandic Extend Lease Agreements for 15 Hotel Properties in the Nordics

Nordic — Pandox and Scandic Hotels have entered into an agreement on the extension of leases for 15 hotel properties and a congress center. The leases are revenue-based with a contractual minimum level and with a tenure between 12–20 years. The parties also undertake to jointly invest approximately MSEK 700 in the hotel properties over a multi-year period.

Scandic to Take Over Hotel at Stockholm Arlanda Airport

Sweden Sweden — Scandic has signed an agreement to take over the operation of a 150-room hotel at Arlandastad in close proximity to Stockholm Arlanda Airport and with direct access to the new international meeting and event center, Scandinavian XPO.

Scandic Hotels Enters the Coworking Game: "A Long-term Investment"

Nordic — One of the Nordic region's largest hotel chains is broadening its offering by launching coworking at 270 locations in the Nordic region, Germany and Poland. Scandic's Marketing & Brand Director Eva Lundström tells Nordic Property News about the coworking investment, what parts of the hotels that will be converted and about the work with a new concept during a pandemic.

”It Will Be a Hard Struggle for the Hotel Operators”

Nordic — Johan Johander, Head of Research at Benchmarking Alliance, and Bård Bjølgerud, CEO at Pangea Property Partners, on the immediate corona effects on the hotel property market and the future, beyond these challenging days.

Klövern Signs a 20-year Lease with Scandic Hotels for New Örebro Hotel

Sweden Sweden — Klövern has signed a lease contract with Scandic Hotels encompassing approximately 5,800 sqm in a planned new modernistic building in Örebro. The hotel will have around 160 rooms. The tenant is expected to move in in November 2021.

Scandic to Open Central Helsinki’s Largest Conference Hotel

Finland Finland — Scandic has signed a lease agreement for a new meeting and conference hotel in Helsinki. The hotel, Scandic Avenue, will have 350 rooms and will be located near the Old Church Park in the heart of the city. It is scheduled to open in 2022.

Obos Sells in Bergen

Norway Norway — Obos Eiendom sells Ørnen Eiendom to Oslo Pensjonsforsikring for MNOK 800 (EUR 83M). Ørnen Eiendom owns Lars Hillesgate 18 in Bergen, home to a 19,000 sqm hotel.

Scandic to Divest Hotel in Lahti

Finland Finland — Scandic has signed an agreement to divest the hotel operations of Scandic Lahti to Greenstar Hotel Oy. The buyer will take over the operations of the hotel, which has 139 rooms, on August 1, 2019.

After the Dramatic CEO-firing: Here Are the New Plans for Scandic Hotels

Nordic — One month ago, the largest hotel group in the Nordics, Scandic Hotels immediately fired its CEO Even Frydenberg despite good results. Nordic Property News has spoken with his successor Jens Mathiesen about the challenges and what he wants to change.

Skanska Develops and Sells Hotel to LKAB

Sweden Sweden — Skanska develops and builds a new hotel in central Kiruna, Sweden, with Scandic hotels as operator. The hotel is sold for MSEK 500 (EUR 49M) to LKAB that will take over the building at the completion in the autumn 2021.

Scandic to Open Hotel in Voss

Norway Norway — Scandic Hotels has signed a long lease agreement with Bane NOR Eiendom to operate a new hotel in Voss.

Pandox Divests Hotel in Kiruna

Sweden Sweden — Pandox has entered into an agreement to divest the hotel property Hovmästaren 1 (Scandic Ferrum) in Kiruna for EUR 28M. The buyer is the state-owned mining company LKAB and the date of transfer is planned to December 1st 2018.