Pandox acquires four hotels in Denmark

Pandox has acquired four hotels in Denmark, offering a total of 728 rooms, via its stakeholder company Norgani. The acquisition price is DKK 580 million.

This hotel portfolio includes three hotels in Copenhagen – Scandic Hviderod, Scandic Klostrop, First Copenhagen – and Scandic in Kolding.

Pandox will own nine hotels in Denmark following the acquisition, of which eight will be in Copenhagen.

For further information:                                                  

Anders Nissen                                                                
CEO, Pandox AB (publ)                                                   
+46 (0)8 506 205 50                                                         
+46 (0)708 46 02 02                                                         
anders.nissen@pandox.se