The Malmström family sells the Hotel Diplomat property to Anders Bodin

The Malmström family has sold the property “Klippan 10”, better known as Hotel Diplomat, located on Strandvägen in Stockholm, to Anders Bodin Fastigheter.

Hotel Diplomat, an exclusive building whose history dates back to 1907, was designed by architects H&E – Georg Hagström and Frithiof Ekman – and has been in the Malmström family for over 100 years. The property comprises 5,600 square meters of lettable area, divided into 130 rooms and a renowned restaurant. In connection with the change of ownership, a new twenty-year lease for the hotel and the restaurant has been entered into. The deal was structured as a company sale with completion planned for 7 December 2022.

The Malmström family also owns the exclusive Villa Dagmar hotel on Nybrogatan, Stockholm, and also previously ran an extensive hotel business in Åre. They will continue to operate and expand as an operator of exclusive hotels in prime locations.

Mannheimer Swartling has acted as an advisor to the Malmström family, together with Newsec and Lars Lenner, the family’s private advisor.

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