News Kilpatrick Townsend advises Sveafastigheter JV in an acquisition of Ibis hotel in Stockholm

Kilpatrick Townsend advised the Nordic private equity group Sveafastigheter in an acquisition. Sveafastigheter has added its 17th hotel to its Fund III, the 190-room Ibis Stockholm Hägersten, from Pandox AB. Sveafastigheter is carrying out the transaction through its joint venture with hotel asset manager Midstar and Cologne-based hotel operating partner Event Holding.

Kilpatrick Townsend’s team advising Sveafastigheter included Fredrik Ahlqvist, Fredrika Myhrman and Ólafur Steindórsson.