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Pandox AB (PANDXb.ST)

PANDXb.ST on Stockholm Stock Exchange

150.60SEK
11 Dec 2017
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132.20kr

Latest Key Developments (Source: Significant Developments)

Pandox considers acquiring hotel portfolio in UK and Ireland
Tuesday, 21 Nov 2017 02:30am EST 

Nov 21 (Reuters) - PANDOX AB ::PANDOX AB (PUBL) IS EVALUATING THE POSSIBILITIES FOR A MAJOR ACQUISITION.‍ACQUISITION CONCERNS A HOTEL PORTFOLIO FOCUSED ON LARGER CITIES IN GREAT BRITAIN AND REPUBLIC OF IRELAND​.‍CURRENT NEGOTIATIONS MAY NOT NECESSARILY LEAD TO AN AGREEMENT​.IT IS NOT CERTAIN THAT TRANSACTION WILL BE SUCCESSFULLY CONCLUDED​.  Full Article

Pandox ‍Q3 EBITDA rises to SEK 610 mln​
Friday, 10 Nov 2017 01:00am EST 

Nov 10 (Reuters) - PANDOX AB :‍Q3 REVENUE FROM PROPERTY MANAGEMENT AMOUNTED TO MSEK 589 (479)​.‍Q3 NET OPERATING INCOME FROM PROPERTY MANAGEMENT AMOUNTED TO MSEK 511 (409)​.‍Q3 EBITDA AMOUNTED TO MSEK 610 (512)​.  Full Article

Pandox gets positive outcome in bankrupcy case from Oslo Court‍​
Wednesday, 11 Oct 2017 02:00am EDT 

Oct 11 (Reuters) - PANDOX AB :GETS POSITIVE OUTCOME IN BANKRUPCY CASE FROM OSLO COURT‍​.  Full Article

Pandox acquires Hilton London Heathrow Airport for GBP 80 mln
Monday, 17 Jul 2017 02:00am EDT 

July 17 (Reuters) - PANDOX AB ::PANDOX AB (PUBL) ACQUIRES HILTON LONDON HEATHROW AIRPORT FOR MGBP 80.PURCHASE PRICE AMOUNTS TO MGBP 80, CORRESPONDING TO APPROXIMATELY MSEK 865, AND IS FINANCED BY EXISTING CREDIT FACILITIES.ACQUISITION IS EXPECTED TO BE COMPLETED DURING Q3 2017.FOR 2017 HOTEL IS EXPECTED TO CONTRIBUTE EQUIVALENT OF APPROXIMATELY MSEK 50 IN RENTAL INCOME AND MSEK 48 IN NET OPERATING INCOME, ON AN ANNUALISED BASIS.ACQUISITION OF HOTEL PROPERTY IS MADE BY ACQUISITION OF SHARES IN A COMPANY OWNED BY AN INSTITUTIONAL INVESTOR WITH AN UNDERLYING PROPERTY VALUE OF MGBP 80.  Full Article

Pandox Q1 EBITDA rises to SEK 450 million
Thursday, 4 May 2017 01:08am EDT 

May 4 (Reuters) - PANDOX AB :Q1 REVENUE FROM PROPERTY MANAGEMENT SEK 474 MILLION VERSUS SEK 386 MILLION YEAR AGO.Q1 EBITDA SEK 450 MILLION VERSUS SEK 350 MILLION YEAR AGO.  Full Article

Pandox to buy Silken Berlaymont hotel in Brussels
Friday, 7 Apr 2017 02:00am EDT 

PANDOX AB : PANDOX AB (PUBL) PLANS TO ACQUIRE SILKEN BERLAYMONT IN BRUSSELS FOR MEUR 32.7 . PURCHASE PRICE AMOUNTS TO MEUR 32.7, CORRESPONDING TO APPROXIMATELY MSEK 315, AND IS FINANCED BY EXISTING CREDIT FACILITIES . TRANSACTION AND TRANSFER OF POSSESSION ARE EXPECTED TO BE COMPLETED AT END OF MAY 2017 . PLANS TO ACQUIRE SILKEN BERLAYMONT IN BRUSSELS, BELGIUM . FOR 2017 HOTEL IS EXPECTED TO CONTRIBUTE EQUIVALENT OF APPROXIMATELY MSEK 70 IN REVENUE AND MSEK 10 IN CASH EARNINGS ON AN ANNUALIZED BASIS .SELLER IS HOTEL BERLAYMONT SA/URVASCO HOTEL SA VIA TRUSTEE WHERE PANDOX HAS RECEIVED NECESSARY COURT APPROVAL TO ENTER INTO AN AGREEMENT TO ACQUIRE HOTEL.  Full Article

Elendomsspar buys 30.22 pct stake in Pandox
Tuesday, 20 Dec 2016 09:58am EST 

Finansinspektionen:Says Elendomsspar AS bought 45.3 million shares in Pandox AB representing 30.22 percent.  Full Article

Pandox completes directed share issue of 7.5 mln series B shares
Friday, 9 Dec 2016 02:00am EST 

Pandox AB :Pandox completes directed share issue of 7.5 million series B shares, raising about 1.01 billion Swedish crowns ($110.66 million).  Full Article

Pandox signs lease agreement for Urban House Copenhagen
Friday, 25 Nov 2016 08:30am EST 

Pandox AB :Has signed a 20 year revenue-based lease agreement with a minimum guaranteed rent for Urban House Copenhagen.  Full Article

Pandox buys hotel portfolio in Europe for about SEK 4.10 bln
Friday, 18 Nov 2016 01:00am EST 

Pandox AB : Signs an agreement with Invesco Real Estate to acquire seven hotel properties in Europe - four in Germany, two in Austria and one in Netherlands for about 4.10 billion Swedish crowns ($445 million) . Acquisition is financed by a new five year bank loan with Aareal Bank amounting to about 270 million euros and other existing credit facilities .Acquired portfolio is expected to contribute equivalent of approximately 140 million crowns in cash earnings 2017.  Full Article

BRIEF-Pandox considers acquiring hotel portfolio in UK and Ireland

* PANDOX AB (PUBL) IS EVALUATING THE POSSIBILITIES FOR A MAJOR ACQUISITION