Nrep acquires one of Stockholm’s largest hotels

Nrep, Urban Partners’ real estate investor, has announced that its Nrep NSF V Fund has completed the acquisition of one of Stockholm’s largest hotels, Clarion Hotel Stockholm, from Aspelin-Ramm Fastigheter AB.

Clarion Hotel Stockholm has 532 rooms spread over 23,700 square meters (255,105 square feet) of lettable area. It houses bars, restaurants, spa and gym, as well as meeting and conference rooms. The property is fully leased long term to the Nordic region’s second-largest hotel operator, Strawberry. The acquisition gives Nrep access to more than 1,000 hotel rooms in central Stockholm.

The hotel is located next to the Skanstull metro, close to the heart of Södermalm, with walking paths and marinas nearby. The emerging Söderstaden includes Slakthusområdet, Gullmarsplan and the Globen area’s arenas. Avicii Arena and 3Arena (formerly Tele 2 Arena) host some of the Sweden’s biggest events and attract more than 3.5 million visitors annually.

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