Fabege has signed a 15-year lease with the Tastsinn Group. The lease pertains to a newly built hotel in Hammarby Sjöstad at an annual rent of slightly more than SEK 17m. The hotel will comprise 7,000 sqm of floor space and encompass 228 rooms. It is scheduled to open in the first half of 2014.
“The Tastsinn Group is already a tenant of Fabege and we have a great deal of faith in its new concept of efficient hotels offering quality design and competitive prices to customers. We will also be giving Hammarby Sjöstad an esthetically pleasing building that adds service and a new meeting place to the area,” says Urban Sjölund, Director of Properties at Fabege.
“We are pleased to be able to launch a new budget-hotel concept in partnership with a strong property owner,” says Uwe Löffler, CEO of Tastsinn.
Fabege AB (publ)