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Hannes Snellman Counsel to Gelba in Its Investment in Eight hotels

22 November 2023

Hannes Snellman acted as counsel to Gelba Fastigheter 4 AB in its acquisition of 51 percent of the shares in Host Property AB (publ) from Host AB, a subsidiary of Flying Elephant AS.

Gelba and Host will jointly own Host Property AB (publ), which holds eight Swedish hotel properties. The hotels have a total of 967 rooms, and the properties have a total lettable area of 75,000 square meters.

Through this transaction, the Gelba group significantly expands its hotel portfolio to a total of 12 hotel properties in Sweden.

Our core team comprised, Mikael Stabo, Abiram Soma, and Angelica Berntsson (Real Assets), Ola Åhman (Public M&A), and Albert Danielsson (Finance).

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