Pandox to sell Scandic Alvik 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 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.


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