Landmark office-to-hotel conversion marks Slättö’s growth in Denmark
Slättö broadens its footprint in Denmark by acquiring a vacant and outdated office building on Halmtorvet square in central Copenhagen, to be transformed into a tech-enabled lifestyle hotel under a long-term lease with operator Bob W.
A brown-to-green conversion project targeting DGNB Gold certification and a significant improvement in energy performance, in the Nordics' strongest hotel market with record overnight stays and resilient revenues per room.
Slättö expands in the Danish market with the acquisition of a landmark property in central Copenhagen’s Vesterbro district. The asset, acquired from Commercial Real Estate Denmark, a consortium of Danish funds and institutional investors, will undergo a complete renovation and conversion from obsolete offices to a 169 room apart-hotel under a long-term lease with award-winning hospitality operator Bob W.
“This is a milestone investment for Slättö, marking our continued growth in Denmark and a very strong start for our Value Add III fund,” says Erik Dansbo, Chief Investment Officer at Slättö. “Together with earlier acquisitions in residential and logistics light industrial, this project reflects the strength of our investment strategy and execution capacity across sectors.”