Pandox signs new lease agreement for Hotel Pomander in Nuremberg
Pandox AB (publ) has signed a new lease with Scandic Hotels Group for Hotel Pomander in Nuremberg, Germany. The lease is revenue-based with a guaranteed minimum level and long term. The agreement comes into force on 1 March 2024. “We are happy to welcome Scandic as tenant to our newly renovated and centrally located hotel property in Nuremberg. The lease agreement confirms our ability to create value by acquiring, developing and improving underperforming hotel properties in an international environment. It is also a good example of our model where we, through deep hotel knowledge and