Corem signs 20-year lease with Scandic for Stockholm hotel conversion
- Corem signed a 20-year lease with Scandic Hotels to convert vacant offices into a hotel in Stockholm's Globen area.
- The conversion covers approximately 15,000 square meters at Arenavägen 7, property Arenan 8, removing the space from the office market.
- The hotel will have approximately 320 rooms across eight floors, with conference facilities, wellness amenities and dining.
- Occupancy is expected in the fourth quarter of 2028; the agreement is conditional on obtaining a building permit.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Corem Property Group AB published the original content used to generate this news brief via Cision (Ref. ID: 202611030300BITN____UKPR__EN_20261102-BIT-3523-0) on November 03, 2026, and is solely responsible for the information contained therein.