Pandox has sold the Scandic Antwerp hotel to the Dutch Van Der Valk group. The property value amounted to EUR 16 million. The transaction will close on 1 December 2015. Pandox AB, listed on Nasdaq Stockholm, is a leading owner of hotel properties in Northern Europe with a focus on sizeable hotels in key leisure and corporate destinations. Pandox’s hotel property portfolio comprises 104 hotels with approximately 22,000 hotel rooms across eight countries.

For this divestment, Pandox was assisted by a Eubelius team led by Marieke Wyckaert and Tim Van Moorhem.