May 21, 2018 3:37 PM ET

Real Estate Management and Development

Company Overview of Vasakronan AB

Company Overview

Vasakronan AB, a property company, leases office and retail premises. As of September 30, 2017, it owned and managed a portfolio of 178 properties with a total area of approximately 2,400,000 square meters in Sweden. The company was founded in 1998 and is based in Stockholm, Sweden.

Mäster Samuelsgatan 56

Stockholm,  

Sweden

Founded in 1998

Phone:

46 8 56 62 05 00

Fax:

46 8 56 62 05 01

Key Executives for Vasakronan AB

Chief Executive Officer, President and Director
Age: 56
Chief Financial Officer
Age: 56
Senior Vice President of Stockholm Region
Age: 59
Senior Vice President of Öresund Region
Age: 53
Head of Sustainability Manager
Compensation as of Fiscal Year 2017.

Vasakronan AB Key Developments

Scandic Hotels to Open New Hotel in Central Gothenburg

Scandic Hotels signed a long-term lease agreement with Vasakronan. The agreement covers the operation of a new hotel in the Platinan block, part of the new urban development project Älvstaden in Gothenburg. The hotel is expected to be completed by the end of 2020. The new Scandic hotel will be located in central Gothenburg, just a few hundred meters from the train station. It will have 362 rooms, 15 conference rooms including a large multi-functional meeting and event space of almost 1,000 square meters, a relaxation area, a restaurant and a rooftop bar. The building will be a new landmark in the city and will be characterized by transparent architecture featuring big glass cubes. The hotel will have a clear environmental profile and include abundant greenery.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 5, 2017
Sthlm Seaside
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