In 2010, Nordic Hotel Consulting acted as an investment advisor to Generator Hostels and its former owners Patron Capital Partners in acquiring and developing the property on Adelgade 5-7. Patron Capital successfully converted the property into the successful Generator Hostel Copenhagen. The property is located in the heart of Copenhagen, not far from Kongens Nytorv. The hostel opened in 2011 as a first Generator hostel in the Nordics.
In 2015, Nordic Hotel Consulting advised Generator Hostels and its owners Patron Capital and Invesco on the Generator Stockholm expansion. The property is located in the middle of Norrmalm and Vasastaden districts. The hostel was opened in 2016.
About Patron Capital Partners
Patron Capital Partners was established in 1999, and today it is one of the leading opportunistic real estate managers in Europe. Since its founding, Patron has raised a total of €3.9 billion from institutional and high net worth investors from Europe, the Middle East and the US. To date, Patron has undertaken more than 100 transactions across 80 investments or programs, involving over 65 million square feet of assets in 16 countries. Main advisory offices are located in the UK and Luxembourg and operations in Germany, Italy, Spain and Poland.
Photos: Generator Hostels, Swedish Spoon