Brief: Pandox Acquires Three Aparthotels In Central London

Pandox AB

28/08/2024 09:38

Aug 28 (Reuters) - Pandox AB  PANDXb.ST :
    * PANDOX HAS ACQUIRED THREE APARTHOTELS IN CENTRAL LONDON
FOR MGBP
230
    * ACQUISITION IS FINANCED BY AVAILABLE CASH FUNDS AND A NEW
GREEN
BANK LOAN.
    * INITIALLY, HOTELS ARE EXPECTED TO CONTRIBUTE ABOUT MGBP 34
IN
REVENUES, MGBP 17 IN NET OPERATING INCOME, ON AN ANNUALISED
BASIS

Source text for Eikon:  ID:nWkr4k116J 
Further company coverage:  PANDXb.ST 

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