Pandox sells Stockholm hotel property for approximately SEK644m

Swedish hotel property investor Pandox has agreed to sell the property occupied by the Scandic Alvik hotel in Stockholm to SPP Fastigheter for approximately SEK644m. The property contains 330 rooms and will remain part of the wider hospitality market following the transaction. HPC could identify hotel property owners considering a sale, commercial property investors, hotel operators, development companies and international funds interested in European hospitality assets.

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