CapMan Real Estate Partners with Nobis to Transform Solna Kasernen 1 into Premier Stockholm Destination

CapMan Real Estate Partners with Nobis to Transform Solna Kasernen 1 into Premier Stockholm Destination

(IN BRIEF) CapMan Real Estate has finalized a 20-year lease agreement with Nobis Hospitality Group to develop the Solna Kasernen 1 property in Stockholm’s Royal Haga project into a luxurious hotel, spa, and conference facility. Located in Hagaparken, the site will undergo extensive refurbishment to offer 215 rooms, expansive social areas, and a large spa, aiming for BREEAM In-Use certification for sustainability. The collaboration aims to create a premier destination blending historic charm with modern amenities, set to open post-summer 2025.

(PRESS RELEASE) HELSINKI, 22-Jun-2024 — /EuropaWire/ — CapMan Real Estate has secured a landmark 20-year lease agreement with Nobis Hospitality Group to transform the historic Solna Kasernen 1 property in Stockholm’s Royal Haga project into a multifaceted destination. The agreement will see the property evolve into a prestigious hotel featuring 215 rooms, expansive social spaces, a state-of-the-art spa, and a top-tier restaurant open to both guests and the public. Located in the scenic Hagaparken, the site offers a blend of natural beauty and urban convenience.

CapMan plans a comprehensive refurbishment to elevate the hotel to international standards, incorporating energy-efficient upgrades aimed at BREEAM In-Use certification. Alessandro Catenacci of Nobis Hospitality Group expressed enthusiasm for the collaboration, emphasizing the project’s potential to deliver exceptional guest experiences. Detailed updates on the development, including the facility’s official opening and operational details, are expected in fall 2024. For leasing inquiries regarding office spaces within the transformed property, interested parties are encouraged to contact Kim Grüneberger at +46 72 161 14 42 or visit www.royalhaga.se/office.

CapMan Real Estate oversees approximately €4.4 billion in real estate assets across Europe, with a dedicated team operating from major cities. The Solna Kasernen 1 acquisition by the CapMan Nordic Real Estate III Fund in 2022 underscores their commitment to enhancing properties with sustainable practices and premium amenities.

About CapMan

CapMan is a leading Nordic private asset expert with an active approach to value creation and €5.7 billion in assets under management. As one of the private equity pioneers in the Nordics we have developed hundreds of companies and assets creating significant value for over three decades. Our objective is to provide attractive returns and innovative solutions to investors by enabling change across our portfolio companies. An example of this is greenhouse gas reduction targets that we have set under the Science Based Targets initiative in line with the 1.5°C scenario and our commitment to net-zero GHG emissions by 2040. We have a broad presence in the unlisted market through our local and specialised teams. Our investment strategies cover real estate and infrastructure assets, natural capital and minority and majority investments in portfolio companies. We also provide wealth management solutions. Our service business includes procurement services. Altogether, CapMan employs around 200 professionals in Helsinki, Jyväskylä, Stockholm, Copenhagen, Oslo, London and Luxembourg. We are listed on Nasdaq Helsinki since 2001. www.capman.com

Media Contacts:

Kajsa Bagler
Investment Manager, CapMan Real Estate
+46 76 850 98 94

Magnus Berglund
Partner, Head of CapMan Real Estate Sweden and Norway
+46 707 866 808

SOURCE: CapMan