Image

ARTICLES TAGGED WITH "Anders Nissen"

The CEO of Pandox: ”Nothing We Wish to Do”

Denmark Denmark — Anders Nissen, CEO of the largest hotel property owner in the Nordics – Pandox, on the takeover of the operations of two hotels in central Copenhagen, how common this action is and how his great experience helps the company to handle the current hotel crisis.

Pandox Acquires German Hotels for EUR 290 Million

Sweden Sweden — Pandox has entered into an agreement to acquire seven hotel properties with a total of 1,532 rooms in Germany from HR Group. The total transaction value amounts to approximately MEUR 290, excluding minority.

Pandox Acquires Hotel Property in Nuremberg

Sweden Sweden — Pandox has entered into an agreement to acquire Maritim Hotel with 316 rooms in central Nuremberg, Germany. The total transaction value amounts to approximately MEUR 61, including transfer tax, and will be financed by cash and existing credit facilities.

Pandox Raises SEK 3 billion

Sweden Sweden — Pandox completes a directed share issue of 16,350,000 class B shares, raising proceeds of approximately SEK 3 billion.

Pandox Acquires Two Hotels for MEUR 83

Sweden Sweden — Pandox has entered into an agreement to acquire two hotel properties including operations in the Hague, the Netherlands, and Hannover, Germany, with a total of 421 rooms. The total transaction value amounts to approximately MEUR 83, excluding minority.

Why Pandox Rejects Acquisitions in the Nordics

Nordic — Pandox has not made a single purchase in the Nordic region since 2015. The hotel property company’s CEO Anders Nissen: "We believe in our strategy."

Pandox Acquires Three Hotel Properties in Germany

Sweden Sweden — Pandox has entered into an agreement to acquire three hotel properties in Augsburg, Erfurt and Dortmund in Germany with a total of 565 rooms. The total transaction value amounts to approximately MEUR 103, excluding minority.

The Highest Paid CEOs in 2018…

Nordic — Nordic Property News presents the wages of the CEOs in the largest Nordic real estate companies on the stock exchange.

They Have Increased Their Rental Incomes the Most

Nordic — Nordic Property News presents the listed property companies' rental income for 2018: Who are the winner and which company has lowered its rental income?

Why Pandox Reject the Swedish Market

Sweden Sweden — With the completion of another major British hotel purchase Pandox CEO Anders Nissen tells Nordic Property News why the Swedish market is not an alternative for Pandox at the moment and his views of the European markets.

Pandox Acquires The Midland Manchester

Sweden Sweden — Pandox has entered into an agreement to acquire The Midland Manchester, which is an iconic upper premium hotel with 312 rooms in the heart of Manchester in the UK. The transaction is made with Fattal Hotels Group as operating partner, whereby Pandox, following a legal reorganisation, will retain the property and the hotel operations will be transferred to Fattal. The total transaction value amounts to approximately MGBP 115, whereof the value of the hotel property amounts to MGBP 102.

Pandox's New Expansion Plans

Nordic — Pandox's CEO Anders Nissen looks south and tells Nordic Property News the company's new expansion plans.

Brexit-Fright Behind Pandox UK and Ireland Purchase

Sweden Sweden — Pandox has acquired a major hotel portfolio in the UK and Ireland. The company’s CEO Anders Nissen tells Nordic Property News how Brexit has affected Pandox and why one ignored alternative financing.

Pandox Acquires Hotel at Heathrow for EUR 91M

Sweden Sweden — Pandox has entered into an agreement to acquire Hilton London Heathrow Airport. The hotel is a full-service premium hotel with 398 rooms and a strong location at London-Heathrow Terminal 4.

Pandox Acquires Major Hotel Portfolio in Europe

Sweden Sweden — Pandox has entered into an agreement with Invesco Real Estate to acquire seven hotel properties in Europe – four in Germany, two in Austria and one in the Netherlands – with a total of 1,744 rooms. The acquisition price amounts to EUR 415M, corresponding to approximately SEK 4.1 billion, on a debt free basis.

Pandox Divests Eight Hotels in Sweden

Sweden Sweden — Pandox has signed an agreement with Midstar to divest eight hotel properties with a total of 965 rooms in Sweden. The acquisition price amounts to MSEK 850 (€90M), after deduction of deferred tax.

Pandox divests hotel property in Antwerp for €16 M

Sweden Sweden — Pandox, listed on Nasdaq Stockholm has entered in to an agreement to divest the hotel property Scandic Antwerp in Belgium for €16 M, to the hotel chain Van Der Valk from the Netherlands.

Pandox Explores Potential Listing

Sweden Sweden — The hotel property company Pandox is exploring a potential listing on Nasdaq OMX Stockholm.

Pandox Asset Management signs first agreement

Nordic — Pandox has started a new business area, introducing the new division Pandox Asset Management, which will manage hotel properties on behalf of external property owners. The first agreement is now signed, with Eiendomsspar AS.