20 august, 2018

Sale of XXL’s logistics centre

Pangea Property Partners sell-side adviser to Pareto in the transaction

Pilängen Logistik, a company established by Pareto, sells a logistics centre in Örebro, one of Sweden’s key transportation hubs, to Aberdeen Standard Investment for about SEK 400 million. The site comprises more than 43,000 sqm of modern logistics premises and is fully let to the Norwegian sports retailer XXL. The remaining lease term is more than 10 years and the site works as XXL’s largest central warehouse in the Nordics.

Pangea Property Partners was sell-side adviser to Pareto in the transaction, being the largest logistics deal in Sweden this year. So far in 2018, we have advised on more than 30 transactions and advisory mandates in the Nordics with an underlying property value above SEK 20 billion.

Til nyhetsarkiv
4 February, 2019

New Norwegian parking company

Bane NOR Eiendom and Eiendomspar establish a new 50/50 joint venture acquiring two large and centrally located parking facilitates in Oslo and Asker. The sellers are several private owners, including Bane NOR Eiendom which until now has owned 25 percent of the company Oslo S Parkering AS.

Les mer
28 January, 2019

Acquisition of utleiebolig AS

Selvaag Gruppen has acquired all shares in Utleiebolig AS, buying out eight other shareholders, with the ambition to become the leading owner of new rental apartments in Norway. The company owns 840 rental apartments, of which 410 in production, in greater Oslo, Lørenskog, Jessheim, Drammen and Bergen.

Les mer
21 January, 2019

Castellum and Lilium in major Swedish property swap

Castellum acquired six properties in Linköping from Lilium for SEK 1.7 billion. The properties have a lettable area of about 67,000 sqm and are located in the city centre. At the same time, Lilium acquires Castellum’s entire portfolio in Sundsvall consisting of 20 properties with a lettable area of 157,400 sqm for SEK 3.5 billion.

Les mer
14 January, 2019

Sizeable logistics portfolio

LogNOR, a company established by Pareto, sells a modern logistics portfolio in Norway for approximately NOK 600 million (according to media reports). The portfolio comprises seven properties located in Ski and Vestby, south-east of Oslo, with a lettable area close to 31,000 sqm. The properties were built in 2016-2018 and are fully let with an average remaining lease term of 9.7 years.

Les mer