15 July, 2017

Strong first half of 2017

Strong first half

In June, Pangea advised on 13 transactions with an underlying property value above EUR 530 million, of which 55 percent cross-border deals.

The transactions include sell-side and buy-side mandates with a total lettable area of about 240,000 sqm:

  • Adviser to Union Investment in the acquisition of office property Uggleborg 14, known as Sthlm HUB, in Stockholm CBD from Mengus
  • Adviser to Genesta in the acquisition of office property Mariboes gate 13 in central Oslo from Klaveness Marine for EUR 59 million
  • Adviser to FagerStad Utvikling in the sale of Sæter Torg in Oslo to Vika Project Finance
  • Adviser to Skanska in the sale of three properties in Flemingsbergsdalen in Stockholm to Niam for SEK 850 million
  • Adviser to Strawberry Properties in the sale of Quality Hotel Entry in greater Oslo to Midstar
  • Adviser to Trygghem in the sale of a residential project in Enköping to a JV with SHH and HSB Projektpartner
  • Adviser to local investor consortium in the sale of a long lease property in Skellefteå to NP3 Fastigheter
  • Adviser to Citycon in the sale of Lietorvet kjøpesenter in Skien to Bratsberg Gruppen and Fjellvåken Holding
  • Adviser to Fem Hjärtan in the sale of 10 office and public sector properties in Halmstad to Hemfosa for SEK 1,066 million
  • Adviser in four separate retail transactions comprising three shopping centres and two retail big boxes in Sweden and Norway to be announced

Altogether, Pangea Property Partners executed more than 30 transactions and other advisory mandates in the first half of 2017 with an underlying property value close to EUR 1.4 billion.

Til nyhetsarkiv
9 October, 2017

The Nordic property market at the peak or just on the way to the top?

The Nordic property markets will continue to perform well but faces new challenges, according to the new report Pangea Property Outlook 2017/2018. The winners will be segments with continued rental growth, such as attractive offices in the capital regions, while there is upward yield pressure on interest rate sensitive properties. Transaction activity is expected to be record high in 2017, but slow down slightly in 2018.

Les mer
25 September, 2017

Sale to Wallenstam in central Uppsala

At end of last week, it was announced that Heimstaden sells part of Dragarbrunn 20:1 in central Uppsala to Wallenstam for SEK 149 million. The multi-use property is located at Kungsgatan 47/Vaksalagatan 14 with a lettable area close to 3,200 sqm. Wallenstam is one of the tenants in the property today.

Les mer
21 September, 2017

Pangea Property Partners voted #1 Advisor in Norway

Pangea Property Partners has been voted best Advisor overall in Norway in the Euromoney Real Estate Survey 2017. We were also voted #1 advisor in the categories M&A and Research in the survey, which by many is regarded as the benchmark in the Real Estate Industry.

Les mer
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).

Les mer