PropertyEU

Sweden's Pandox grows in Germany with €290m hotel acquisition

By Virna Asara 2019-11-22T00:00:00

CEO Anders Nissen

Swedish listed property group Pandox said on Friday that it has entered into an agreement to acquire seven hotel properties with a total of 1,532 rooms in Germany from HR Group in a share deal worth €290 mln on a debt free basis.

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