‘Amazing Heritage’: ASM Global Adds Södra Teatern To European Venue Portfolio

The inside of the beautiful building, now under ASM Global management.
– The inside of the beautiful building, now under ASM Global management.
Södra Teatern was built in 1852.

ASM Global continued its European expansion by taking on operations of the Södra Teatern and Mosebacketerrassen in Stockholm, Sweden.
Under the long-term lease agreement signed with the property owners brothers Jakob and Mattias Johansson, ASM Global is to manage the building that houses the iconic theater as well as a restaurant, nightclub and outdoor terrace.
David Thunander
– Mosebacketerrassen.
The large terrace is set up on a hill offering fantastic views of Stockholm, including its Old Town.

ASM Global has been busy in the Swedish capital of Stockholm. Since 2008, the company operates Avicii Arena (formerly Ericsson Globe), Hovet and Annexet. In 2010 the tourist attraction Skyview outside the Avicii Arena was added.

ASM Global became the operator of Tele2 Arena when it opened in 2013, Friends Arena in Solna followed in 2017. Södra Teatern marks the company’s sixth venue in Stockholm.
Södra Teatern was built in 1852 and is one of Sweden’s oldest active theaters. Until 2018, the theater was owned by Riksteatern, a publicly funded theater institution. In 2018 Riksteatern sold the real estate and the operating company Södra Teatern AB to the brothers Jakob and Mattias Johansson, who renovated the property for two years. 
With the new agreement, ASM Global now takes over the management of the operating company and will manage Södra Teatern with its five stages, five bars, restaurant and famous rooftop Champagne bar and Mosebacketerrassen, the outdoor terrace with views all over the city.
ASM Global’s president and CEO Ron Bension commented, “We’re honored to have this classic venue join the world’s finest portfolio of timeless and popular properties. There’s an amazing heritage here, which we’ll build on by leveraging ASM’s unparalleled entertainment programming, partnership relationships, innovative technology solutions and overall guest experiences.”