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Deals 22 Mar 2024 · Sweden

CMS Wistrand advises Ruby Hotels in its first hotel project in Scandinavia

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CMS Wistrand has advised Ruby Hotels on all legal issues in connection with a new Ruby hotel located at Kungsholmen, Stockholm, Sweden. The hotel will be Ruby’s first project in Scandinavia.  

The Munich-based Ruby Group was founded in 2013 and operates 17 Ruby hotels across Europe and with a further nine hotels under construction or in the planning phase. Ruby also offers Ruby Workspaces in Munich, Hamburg, Dusseldorf, Amsterdam, and Vienna. Under its Lean Luxury philosophy Ruby offers a contemporary, affordable form of luxury for modern, cost and style-conscious customers.

The real estate is owned by Alecta Fastigheter, a real estate company wholly owned by Sweden’s largest pension fund, Alecta.

The new Ruby Hotel is scheduled to open in spring 2026.

CMS Wistrand's team has consisted of Per Dalemo and Simon Thungren.

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