Construction start for Victoria Tower in Kista


With its 120 metres, Victoria Tower will be the second highest building in Stockholm after the Kaknästornet. Building a 33-storey hotel cannot be done overnight and the building contractor Arthur Buchardts AB Invest AS has therefore already begun blasting and excavation work. The hotel will be completed within two years.

The hotel will have a distinctive design. The glass facades of the hotel will appear to glitter at dusk. Wingårdhs Arkitektkontor is responsible for the design. The hotel, located adjacent to the exhibition and events centre Kistamässan, will be operated by Scandic Hotels. Victoria Tower will contain 300 hotel rooms and 10 floors with around 5,000 sq.m. of office space. Inauguration of the hotel is planned for September 2011.
“Victoria Tower marks a new entrance to Stockholm and shows clearly that the city is expanding. The building has interesting architecture and it is especially gratifying to start construction just at this time – despite the downturn, exciting things are happening in Stockholm” says Kristina Alvendal (Moderate Party), Vice Mayor, City Planning Division.
“The interior of the hotel will also have a unique story and identity. We want guests to be both inspired and to recharge their batteries when they stay at Scandic”, says Frank Fiskers, President and CEO of the hotel chain.
“As the largest commercial property owner in Kista, we are, of course, very pleased to be able to make a contribution to the area now having a representative meeting place which will be a lift for the whole of Kista”, says Klövern’s CEO Gustaf Hermelin.
Speakers at today’s lunch event included:
Kristina Alvendal, Vice Mayor, City Planning Division, City of Stockholm
Arthur Buchardt, AB Invest AS and building contractor for Victoria Tower
Karolina Keyser, Architect, Wingårdhs
Frank Fiskers, President and CEO, Scandic
Gustaf Hermelin, CEO, Klövern
Jan Johansson, Deputy CEO, Peab
Nyköping, 5 November 2009

Klövern AB (publ)

For further information, please contact:
Gustaf Hermelin, CEO, tel +46 155-44 33 10, +46 70-560 00 00,
Caesar Åfors, CFO and vice President, tel +46 155-44 33 02, +46 70-662 48 48,
Britt-Marie Einar, Finance and Information Manager, tel +46 155-44 33 12, +46 70-224 29 35,
Klövern is a real estate company committed to working closely with customers to meet their needs of premises and services in Swedish growth regions. Klövern has geographical units in ten cities/locations: Borås, Karlstad, Kista, Linköping, Norrköping, Nyköping, Täby, Uppsala, Västerås and Örebro. As at 30 September 2009, the value of the properties totals approximately SEK 12 billion and the rental income on an annual basis was SEK 1.4 billion. The Klövern share is listed on the Nasdaq OMX Nordic Exchange in Stockholm for medium-sized companies.
Klövern AB (publ), Box 1024, SE-611 29 Nyköping, Sweden. Tel +46 155-44 33 00, Fax +46 155-44 33 22.
Corporate registration no. 556482-5833. Registered office: Nyköping. Website:

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