14 januar, 2019

Sizeable logistics portfolio

Pangea adviser to LogNOR in the sale of seven logistics properties in Norway

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.

Pangea Property Partners was sell-side adviser to LogNOR in the transaction. In 2018/2019, we have advised on more than 50 transactions and advisory mandates with an underlying property value close to EUR 3 billion, including several large logistics transactions across the Nordics.

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.

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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.

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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.

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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.

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