11 januar, 2021

Pangea project finance established

Pangea Property Partners has expanded the business and established Pangea Project Finance AS as a sister company. A team from DNB Markets has been recruited and the syndication profile Arnstein Rød (46) will lead the company.

– Pangea is one of the largest real estate advisers in the Nordic region, and we are in an extraordinary position to become a more fully integrated real estate house. For several years, our customers have been asking us to provide this kind of service, says Bård Bjølgerud, CEO and Partner at Pangea Property Partners.

Arnstein Rød has worked in the DNB system for 20 years and has led the real estate syndication team at DNB Markets. He has completed more than 200 real estate transactions worth more than NOK 40 billion, of which 30 transactions worth about NOK 10 billion have been completed over the last three years. He is joined by Viktor Myhre from DNB Markets who starts as an Associate. Both started on January 4th.

– I am very much looking forward to becoming part of the Pangea system. Our ambition is to establish a leading project finance player in the Norwegian and Nordic real estate market, says Arnstein Rød, Managing Director and Partner at Pangea Project Finance AS.

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