Johan Gyllberg.

Johan Gyllberg.

Image: KUAB

Global hotel giant heads to Kvarnholmen in 20-year deal

Nordic — Plus article Kvarnholmen's transformation is taking another major step forward as KUAB, the joint development company owned by Peab and JM, has signed a 20-year agreement with hotel operator IHG Hotels & Resorts and 1912 Hotels. The investment will bring the Hotel Indigo lifestyle brand to Sweden for the first time, with a new hotel at the entrance to Stockholm's archipelago—a development that Peab believes could boost Kvarnholmen's regional appeal and international profile.