Pandox signs new lease with Scandic in Stockholm
Pandox AB (publ) has signed a new lease with Scandic Hotels Group for a new Scandic Go at Fridhemsplan in Stockholm. The lease, which will come into force during the second half of 2024, is revenue-based with a minimum guaranteed level and long term. “It is exciting to be part of Scandic’s expansion in the economy segment with a new and attractive lease at Fridhemsplan in Stockholm. We acquired the hotel property earlier this year with a clear vision for its development. The agreement with Scandic shows that we have a unique business model where we, together with strong partners, can