PANDOX PURCHASES THE HILTON LONDON HEATHROW AIRPORT

Nordic group Pandox has agreed to acquire the Hilton London Heathrow Airport in west London for £80 million (£201,000 per room). The 398-room hotel is connected to Heathrow Airport’s Terminal 4 by a covered walkway and is operated by Hilton Worldwide subsidiary Adda Hotels under a revenue-based lease agreement. The sale is expected to close by the end of the third quarter of 2017.

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