Berlin. The HR Group sells the majority stake in three of its houses to the Swedish Pandox AB - for about 103 million euros. The hotels in Augsburg, Erfurt and Dortmund have a total of 565 rooms and are managed by the Dorint Hotels & Resorts brand. They will continue to be operated by the HR Group, which retains a minority stake in the houses, on the basis of long-term, sales-based leases. The transaction, which was accompanied by the commercial law firm Hogan Lovells, has been completed 1st of July 2019.