26 June, 2017

Large transaction in Stockholm

Pangea adviser to Skanska in the SEK 850m sale to Niam.

Skanska has divested three properties (Generatorn 4-6) in Flemingsbergsdalen to Niam for SEK 850m. The properties include almost 24,000 sqm newly developed retail, hotel, gym and sports facilities. Anchor tenants are ICA, Huddinge municipality, MedFit and Forenom. Flemingsbergsdalen is a large development area south of Stockholm where a new regional city centre is under construction.

Pangea Property Partners was sell-side adviser to Skanska in the transaction. In 2016/2017, we have advised on more than 70 transactions in the Nordics with an underlying property value around SEK 75 billion.

Til nyhetsarkiv
11 September, 2017

Sale of two more Plantagen properties

At end of August, it was announced that Industrifinans sells two retail properties in Sweden to Sveavalvet.
We have now advised on three separate sales including five Plantagen properties with a total area of about 22,500 sqm during 2016/2017. The buyers have been Sveavalvet (four properties) and Alber Fastigheter (one property).

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28 August, 2017

Large retail deal in Bergen

Last week, Nistad Gruppen divested Øyrane Torg in Bergen to DNB Scandinavian Property Fund for just above NOK 600 million. Øyrane Torg is a shopping centre that has some 50 stores, restaurants and service facilities with an annual turnover above NOK 600 million.

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14 August, 2017

Office deal in Stockholm CBD

During the summer, Union Investment acquired office property Uggleborg 14, also known as ‘Stockholm Hub’, from Mengus. The property is located in Stockholm CBD, close to the Stockholm Central Station and has a lettable area of 5,900 sqm. The property was built in 1967 and fully refurbished last year. The main tenant is watch manufacturer Daniel Wellington occupying almost half the area.

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15 July, 2017

Strong first half of 2017

In June and July, Pangea has advised on 15 transactions with an underlying property value well above EUR 600 million, of which 49 percent cross-border deals. Altoghether, Pangea Property Partners executed more than 30 transactions and other advisory mandates in the first half of 2017 with an underlying property value around EUR 1.4 billion.

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