Pandox to sell Scandic Alvik hotel property to SPP Fastigheter for SEK 644 million
- Pandox agreed to sell the 330-room Scandic Alvik hotel property in Stockholm to SPP Fastigheter at a SEK 644 million valuation.
- The valuation, before deferred tax deductions, slightly exceeds book value as of September 30, 2026, and September 30, 2025.
- Completion is expected in December 2026.
- The property generates annual net operating income of approximately SEK 34 million.
- The sale frees capital to reduce debt and provide financial flexibility for further development.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pandox AB published the original content used to generate this news brief on November 11, 2026, and is solely responsible for the information contained therein.