Press Release Details

Diös acquires historic property in central Sundsvall


Diös strengthens its position in Sundsvall and acquires a property containing hotel and residentials in the city center. The property value amounts to SEK 177 million and the seller is Moströms Fastighet AB. Transfer of ownership will take place on 15th September 2022.

The property is located in Stenstan, in the central part of Sundsvall, which is under strong development. Nearby are also the new travel center and Diös’s investment in Kömangatan with 46 new apartments. The property, which dates from the late 1920s, is in very good condition and has been restored and refurbished over the years. The largest tenant is Nordic Choice Hotels, through Clarion Collection Hotel Grand, with a lease agreement of 15 years from 1st September 2022. The rental value amounts to SEK 11.6 million. The transaction takes place in a company form and will be reported in the third quarter of 2022.

  A lot happens in Sundsvall and there are many exciting growth plans for Stenstan. We look forward to an expanded collaboration with Nordic Choice Hotels and to managing and developing this property, says Henrik Sjöstrand, Transaction Manager, Diös.