Pandox AB (publ) has completed previously announced acquisition of hotel portfolio in the UK and Ireland
Pandox’s acquisition of the hotel portfolio in the UK and Ireland, which was announced 13 December 2017, has been completed.The total acquisition price amounts to MGBP 800, corresponding to approximately MSEK 9 030. After reorganisation of the portfolio Pandox’s share of the total acquisition price is expected to amount to MGBP 680, corresponding to approximately MSEK 7 680. Of the acquired hotel properties, 20 are consolidated and reported under the business segment Property Management and one is consolidated and reported under the business segment Operator Activities as of 20 December