Host property AB and Gelba Fastigheter form partnership with a portfolio of eight Swedish hotels
We are pleased to announce that Host Property AB, has successfully sold 51% of its shares to Gelba Fastigheter, keeping 49% ownership. Additionally, the company's bond loans have been refinanced. Colliers has acted as the financial advisor to Host Property AB in connection with the transaction.
The portfolio consists of eight regional Swedish First Hotels, with 967 rooms and approximately 75,00