Over the past years, Pangea Property Partners has become the leading transaction advisor in the Nordic commercial real estate market. During 2016, we advised on about 50 transactions with an underlying property value of close to €7 billion. With a total transaction volume around €43 billion in the Nordic market last year, it means that Pangea advised on more than 16 percent of all deals, buy side or sell side. In Sweden and Norway, the firm’s core markets, the market share was about 22 percent.
Numerous rankings show that we are now competing with firms that are much broader in scope, both in terms of sectors and geographies.
For instance, Thomson Reuters last week published its Global M&A Financial Advisory Review. This shows Pangea climbing to 17th place on the league table for announced Nordic transaction volume, regardless of industry.
All the other firms on the list are large investment banks such as Morgan Stanley and Handelsbanken. Pangea is the only pure-play property advisor to make the Nordic list.
Looking at Sweden, the largest Nordic market, real estate magazine Fastighetsvärldenrecently put Pangea in third place on the sell side in 2016, and added that we were leading the field on the buy side. In terms of transaction value, we advised on 14 percent of all sell-side deals and 41 percent of all buy-side deals in Sweden last year.
And expanding the horizon to Europe, PropertyEU’s latest ranking of commercial real estate, based on 2015 figures, lists Pangea as number nine. All the other firms on the list have a much broader geographic reach than Pangea.
We would like to thank all our clients for the trust you put in us in 2016, and we look forward to further cooperation in 2017!
Pangea Property Partners is an independent Nordic corporate finance and advisory firm focusing on the real estate sector. The company has offices in Stockholm, Oslo and London with more than 30 employees. We also have a strategic cooperation with Mrec in Finland. Since 2010, Pangea Property Partners has advised on more than 300 transactions with an underlying property value above €26 billion. The mandates include property divestments and acquisitions as well as large corporate transactions, capital raisings and debt financing.