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About the company
Pandox AB is a hotel property company in northern Europe. The Company's principal business activities are the active ownership, development and leasing of large hotel properties in Stockholm, Gothenburg and Malmo, in Swedish regional and university cities and in capitals and other major cities in northern Europe. The Company's hotel properties are situated in such locations as city centers, airports and convention centers. Pandox' hotels are in the upper-medium to high price range and focus on the business and leisure segment. The Company's portfolio is comprised of 44 hotel properties in five countries (Sweden, Denmark, Germany, Belgium and the United Kingdom) totaling 8,143 rooms. The average number of rooms per hotel is 188. The Company's hotels are operated by such hotel operators as Hilton Group plc, Choice Hotels, Rezidor SAS, Best Western, Elite Hotels and First Hospitality, among others.
- Revenue in SEK (TTM)5.65bn
- Net income in SEK4.22bn
- LocationPandox ABVasagatan 11, vaning 9STOCKHOLM 101 20SwedenSWE
- Phone+46 850620550
- Fax+46 850620570
Mergers & acquisitions
|Acquired company||Deal status||Date||Date /|
|PNDX B:STO since |
|The Queens Hotel||Deal completed||16 Feb 2023||16 Feb 2023Deal completed||-12.78%||63.74m|
|Starwood Capital Group LLC -Hotel Property||Deal completed||23 Sep 2022||23 Sep 2022Deal completed||4.99%||45.03m|
|Nh Brussels Louise BV||Deal completed||01 Aug 2022||01 Aug 2022Deal completed||-14.89%||35.76m|