Pandox acquires four hotels in Denmark (DK)

Pandox has acquired four hotels in Denmark, offering a total of 728 rooms, via its stakeholder company Norgani. The acquisition price is DKK 580 million (approx. €77 million).

This hotel portfolio includes three hotels in Copenhagen – Scandic Hviderod, Scandic Klostrop, First Copenhagen – and Scandic in Kolding.

Pandox will own nine hotels in Denmark following the acquisition, of which eight will be in Copenhagen.

Source: Pandox

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