Brief: Scandic And Pandox Extend Lease Agreements With Unchanged Terms For 15 Hotels

Scandic Hotels AB

10/06/2022 07:05

June 10 (Reuters) - Pandox AB  PANDXb.ST :
    * SCANDIC AND PANDOX EXTEND LEASE AGREEMENTS WITH UNCHANGED
TERMS
FOR 15 HOTELS
    * RENTAL TERMS WILL REMAIN UNCHANGED
    * LEASE AGREEMENTS ARE REVENUE BASED, HAVE A CONTRACTED
MINIMUM
LEVEL AND EXPIRE IN 12 TO 20 YEARS

Source text for Eikon:  ID:nWkr80csmb 
Further company coverage:  PANDXb.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))