23 oktober, 2017

Sale of retail property in Drammen

Pangea adviser to Citycon when divesting Krokstad Senter

Last week, it was announced that Citycon sells Krokstad Senter just outside Drammen to an investor syndicate established by Clarksons Platou for approximately EUR 20 million. Krogstad Senter is a newly developed retail big box property with a total lettable area of approximately 10,200 sqm. The property is fully let to five tenants on long lease agreements. Krokstad Senter is located next to Buskerud Storsenter, owned by Citycon, being the main shopping destination in the region.

Pangea was sell-side adviser to Citycon in the transaction. So far in 2017, we have advised on some 35 transactions with an underlying property value above NOK 11 billion.

Til nyhetsarkiv
3 December, 2018

Another logistics deal in Örebro

Conficap has sold a logistics site in Pilängen, an established industrial area south-west of Örebro, to a new investor consortium. The logistics site has a lettable area of about 19,200 sqm and is fully let to Onninen, part of the Kesko group. In addition, the site comprises some 170,000 sqm outdoor storage, parking and undeveloped land.

Les mer
12 November, 2018

Sale of residential project

Arwidsro sells Smedjan 8 in Malmö to property developer I Am Home. The property is located in Norra Sorgenfri, a major development area close to the inner city, and comprises about 28,000 sqm of residential building rights. I Am Home plan to develop 440 rental apartments on the property that will be sold to Heimstaden when completed in 2020-2021.

Les mer
5 November, 2018

Starwood selling to Stendörren

Starwood Capital Group, with Scius as local partner, sells Åkerby 8 in northern Stockholm to Stendörren for SEK 110 million. The property comprises approximately 9,700 sqm of office, storage and light industrial premises. Åkerby 8 is located next to the large urban development area Täby Park and offers interesting long-term development opportunities.

Les mer
29 October, 2018

Pangea adviser to Stendörren in sale to Corem

Stendörren sells office and industrial property Veddesta 2:43 in northern Stockholm to Corem for SEK 325 million. The property comprises six connected buildings with a total lettable area of about 19,100 m². The average remaining lease term is just above 10 years and the occupancy rate is 91 percent.

Les mer