PANDOX SELLS HOTEL PROPERTIES IN ESLÖV AND KARLSHAMN
The hotel properties are sold for 33 MSEK, which results in a capital gain of 8,7 MSEK. The hotel properties will be taken over on 2 April 2001.
-”Pandox continues to act according to its strategy. The disposal is part of the group’s aim to own large hotels in large hotel markets”, says Anders Nissen, CEO Pandox AB.
For further information: <br> <br>Anders Nissen, CEO Pandox AB, 08-506 205 50, 0708-46 02 02 <br> <br>Pandox AB has been listed on the O-list of the Stockholm Stock Exchange since June 23, 1997 and owns 44 hotel properties with a total of 8.279 rooms in northern Europe. About 74 per cent of lease revenues stem from strong international markets such as Stockholm, Gothenburg, the Öresund region, London, and Brussels. <br>