
Reading Time: < 1 minuteEurope: Aareal Bank AG has arranged a €405.57 million financing for a portfolio of 13 properties owned by Pandox.

Reading Time: 2 minutesIreland: Pandox Ireland Tuck Limited, a newly formed company wholly owned by Pandox AB and Eiendomsspar AS, has made a cash offer to acquire Dalata Hotel Group plc for €6.45 (£5.59) per share.

Reading Time: < 1 minuteGermany: Hotel owner Pandox AB has signed an agreement to acquire the 275-room Pullman Cologne Hotel for approximately €66 million.

Reading Time: < 1 minuteSweden: Scandic Hotels Group has signed a lease agreement with hotel owner Pandox to open the second Scandic Go property in Stockholm next year.

Reading Time: 2 minutesUK: Real estate investment company Aprirose has sold The Queens Hotel in Leeds to hotel owner Pandox for £53 million.

Reading Time: < 1 minuteCanada: Hotel owner and operator Pandox has entered into an agreement to sell the InterContinental Montreal for approximately $80 million CAD.

Reading Time: < 1 minuteEU: Anders Nissen, CEO of Pandox, has passed away after falling ill from Covid-19. A statement released by Pandox dated 30 May 2021 revealed that Nissen had died after a short period of illness. Nine days prior, Nissen was undergoing medical treatment as a result of Covid-19. He had been