Sweden — Pandox's CEO Anders Nissen has passed away after a short period of illness.

Sweden — Pandox’s CEO Anders Nissen has acquired synthetic options in Pandox issued by the larger shareholders Eiendomsspar AS, CGS Holding AS and Helene Sundt AS.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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

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.