“Our business model is integrated and sustainable and is based on property management, property development and continuous optimisation of the portfolio, which together contribute to increased cash flows, higher property values and a good return on invested capital. Through acquisitions, we can grow earnings short term and add new developable hotel properties for increased value creation long term,” the company writes in a press release.
Liia Nõu, CEO of Pandox.
Image: Pandox
Pandox is evaluating the possibilities for acquisition of a hotel portfolio in London
Nordic —
Following questions from the media, Pandox confirms that the company has entered a negotiating phase concerning the possibilities for acquisition of a hotel portfolio in London, UK, with a corresponding value of approximately MSEK 3,000. Pandox would like to emphasise that current negotiations may not necessarily lead to an agreement, and that it is not certain that the transaction will be successfully concluded.
2024-08-15
Axel Ohlsson
[email protected]