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By Shilpa Reddy , 4 July 2025
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Mahindra Holidays Expands Nordic Footprint with Strategic Property Acquisition in Finland

Mahindra Holidays & Resorts India Ltd. (MHRIL), via its wholly owned Finnish subsidiary Holiday Club Resorts Oy (HCR), has acquired full ownership of Keskinäinen Kiinteistö Oy Salla Star (KKOSS), a mutual real estate company in Finland. The transaction, valued at Rs. 2.35 crore, grants Mahindra direct control over a key asset it had leased since 2012. This move marks a strategic pivot from lease-based operations to full ownership, aimed at enhancing cost efficiency, asset security, and long-term sustainability in its Nordic hospitality business.

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