SIMPLIFYING MATTERS

x
Info career

info centre

MAGNUSSON ADVISES EUROPE’S FASTEST GROWING HOSTEL CHAIN ON EXPANSION IN SWEDEN

2015-10-22

Magnusson has been assisting Generator Hostels, Europe’s fastest growing hostel chain, during its expansion in Sweden.

The UK-based company Generator Hostels operates leading edge design hostels located in a number of Europe’s major cities (Barcelona, Berlin, Dublin, Hamburg, Copenhagen, London, Venice, Paris, Rome, and Amsterdam).

The hostel in Stockholm will open in 2016. Located close to the city centre at Torsgatan 10, it will be eleventh in the Generator Hostels’ European network. The lease contract concluded with Alecta includes 8,500 sq. m. and 250 rooms.

Generator is owned by a UK fund Patron Capital Partners which invests primarily in the European real estate market.

Magnusson’s team was led by Per Magnusson and Christian Johard as responsible partners, with the assistance of associates Mikaela Lamrin and Jing Xu, and tax partner Per Wiker. The work included drafting and negotiating lease agreements, advice on tax issues, as well as on various corporate matters.

 

For more information please contact: Per Magnusson, Senior Partner, +46 70 611 75 07, per.magnusson@magnussonlaw.com

Other News

  • MAGNUSSON ORGANIZED ITS ANNUAL SLUSH SIDE EVENT AT HARD ROCK CAFÉ IN HELSINKI ON 3 DEC 2018

    We had 15 guest speakers, who had the opportunity to present their companies and innovative business ideas.

    read more
  • MAGNUSSON LITHUANIA ADDING NEW PARTNERS TO THE TEAM

    As Magnusson Lithuania marks its 20th anniversary this year, we close this period with professional achievements of our team members: associates Rūta Didikė and Eligijus Vinckus become partners of the firm.

    read more
  • THE CRYPTO CURRENCY OPERATIONS ARE BECOMING MORE RESTRICTED

    The Ministry of Finance of Republic of Estonia is planning to take the draft legislation to the Estonian Government to tighten up the acceptance of crypto currency licenses.

    read more
  • MAGNUSSON PARTNER VILLE SALONEN NAMED BOARD MEMBER OF FAF

    The Football Association of Finland (FAF) has appointed Ville Salonen as a member to its Board.

    read more
more NEWS