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Pandox AB ( ($SE:PNDX.B) ) has provided an announcement.
Pandox AB has announced the divestment of Crowne Plaza Antwerp in Belgium for approximately MEUR 19, with the transaction expected to close in February 2026. This strategic move is aimed at reallocating capital towards investments with higher returns, as the current land lease expires in 2042 and offers limited development opportunities within Pandox’s business model.
The most recent analyst rating on ($SE:PNDX.B) stock is a Hold with a SEK205.00 price target. To see the full list of analyst forecasts on Pandox AB stock, see the SE:PNDX.B Stock Forecast page.
More about Pandox AB
Pandox is a major hotel property owner in Europe, specializing in owning, developing, and leasing hotel properties to skilled operators under long-term leases with guaranteed minimum levels. Established in 1995, the company has grown to manage a portfolio of 193 hotel properties with approximately 43,000 rooms across 11 countries in Northern Europe, with a market value of around SEK 90 billion. Pandox is headquartered in Stockholm and is listed on Nasdaq Stockholm.
Average Trading Volume: 182,657
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK36.94B
For a thorough assessment of PNDX.B stock, go to TipRanks’ Stock Analysis page.