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Pandox agrees to sell Stockholm hotel property to SPP Fastigheter for SEK 644 million

By Public Technologies
  • Pandox agreed to sell the 330-room Scandic Alvik hotel property in Stockholm to SPP Fastigheter for SEK 644 million.
  • The value, before deferred tax deductions, slightly exceeds book value as of September 30, 2026, and September 30, 2025.
  • Annual net operating income from the property totals approximately SEK 34 million.
  • Completion is expected in December 2026.
  • The sale will release capital that can reduce debt and provide financial headroom for continued development.


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