CapMan Hotels II (CMH II) has signed an agreement to acquire Midstar Fastigheter AB, a well-established Nordic hotel real estate portfolio, encompassing 28 assets in the Nordics. This transaction is one of the largest of its kind in the region and significantly expands and diversifies CapMan Hotels II’s Nordic hotel portfolio, strengthening its position as a key player in the Nordic hotel investment market. The transaction significantly contributes to CapMan Plc’s long-term objective to grow the company’s assets under management within real assets.
Midstar Fastigheter AB is a pan-Nordic property company focused exclusively on hotel real estate investments, with assets located in Sweden, Denmark, and Norway. The assets will be managed by CapMan Real Estate.
Source: Press release on 20 February 2025
https://realassets.ipe.com/news/invesco-sells-fenix-building-in-stockholm-to-humleg%C3%A5rden-fastigheter/10128608.article