15 juli, 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 July, 2018

Largest deal in Sweden

Starwood Capital Group sells a large Swedish warehouse and logistics portfolio to Hemfosa for approximately SEK 3.6 billion. The portfolio comprises 51 properties totalling about 460,000 sqm with a gross rental income (including supplements) of SEK 318 million. Pangea Property Partners was sell-side adviser to Starwood in the transaction, being the by far largest property transaction in Sweden this year.

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2 July, 2018

Large residential project in Bro

Slättö acquires the first stage of the new residential area Tegelhagen in Bro, in northern Stockholm, from Magnolia Bostad. The project comprises about 650 apartments and the value at completion is estimated to around SEK 1,170 million. Pangea Property Partners was buy-side adviser to Slättö in the transaction.

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28 May, 2018

Shopping centre deal in Norway

Citycon sells Heiane Storsenter in Norway to the regional investor Midgard Gruppen for approximately EUR 24m. The shopping centre is located in Stord, in the western part of Norway, and has approximately 1.2 million visitors every year. Pangea Property Partners was sell-side adviser to Citycon in the transaction.

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22 May, 2018

Large resi deal in Sweden

Slättö IV sells a newly built Swedish residential portfolio in two separate tranches for almost SEK 1.6bn. The buyers are Trenum (owned by Balder and AP3) acquiring 372 apartments in Stockholm and Västerås and Lansa Fastigheter acquiring 295 apartments in Karlstad and Umeå. The total area is close to 38,000 sqm giving an average price of approximately SEK 43,000 SEK/sqm.

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