Pandox to sell seven hotels in Denmark and Sweden for SEK 2.1 billion
Bitget2026/10/22 04:57Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Pandox agreed to sell seven hotel properties totaling 1,248 rooms in Denmark and Sweden for approximately SEK 2.1 billion before deferred tax.
- The Danish portfolio comprises five hotels valued at approximately SEK 1.7 billion; the buyer is jointly owned by Alma Property Partners and Midstar.
- Västerkulla Hotell will acquire the two Swedish hotels for SEK 369 million before deferred tax.
- The combined sale exceeds book value; the properties generated approximately SEK 130 million in annual net operating income.
- Completion is expected in the fourth quarter of 2026, with the divestments reducing debt.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pandox AB published the original content used to generate this news brief on October 22, 2026, and is solely responsible for the information contained therein.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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