15 august, 2016

Pangea Property Partners sell-side adviser in SEK 1.8bn transaction

In mid June, it was announced that Swedish listed property company Victoria Park acquires a large residential portfolio comprising 1,938 apartments in Malmö and Karlskrona, in southern Sweden. The properties have a lettable area slightly above 138,000 sqm, of which 85% residential and 15% commercial premises. The seller is a US-based real estate fund.

Pangea Property Partners is sell-side adviser in the transaction. The sales price is approximately SEK 1.8bn, making it one of the largest Nordic residential transactions this year. So far in 2016, we have advised on more than 20 transactions with an underlying property value above €4bn.

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