PropertyEU

Scandic, Pandox agree EUR 173m investment in Nordic hotels

By A staff reporter 2011-08-19T00:00:00

Swedish hotel property group Pandox is teaming up with Nordic hotel operator Scandic to invest SEK 1.6 bn (EUR 173 mln) in the upgrade and redevelopment of 40 existing hotels with 4,000 rooms in the Nordic countries.

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