Tags: commercial real estate
Nordic property markets at all-time high
The Nordic property markets set a new groundbreaking transaction record of EUR 29 billion in the first half of 2021. The volume is 75 percent higher than the same period last year and the highest level ever recorded for the first six months of the year. In Sweden and Norway, the volumes have more than doubled from last year, according to new figures from property advisor Pangea Property Partners.“
Pangea expands the group with Debt Advisory
Pangea Property Partners expands its business and establishes Pangea Debt Advisory. The profiles Terje A. Pettersen and John Stene have been recruited from SEB and Swedbank Capital Markets.- Our clients in both the Nordics and internationally have over time requested debt advisory from Pangea, especially in connection with transactions. This expansion is part of our strategy to become an even more
Stockholms mest spännande bostadsprojekt
Försäljningen av byggrätter om drygt 40 000 kvadratmeter på f.d. S:t Eriks Ögonsjukhus är nu inledd. Stockholms mest spännande bostadsprojekt lanseras nu.S:t Eriks Ögonsjukhus har nyligen flyttat från Fleminggatan på Kungsholmen i Stockholm till nya lokaler i Hagastaden. I samband med detta slutförs ett detaljplanearbete som möjliggör en omfattande bostadsbebyggelse på platsen. På marknadenPangea
Eiendomsspar selger Tjuvholmen Allé 1-5
Eiendomsspar og et selskap etablert av Vika Project Finance med Canica som eneste investor i selskapet, har i dag signert en budaksept for én av Oslos mest attraktive kontoreiendommer. Overtakelse er planlagt i løpet av november 2020.Tjuvholmen Allè 1-5Det velprofilerte kontorbygget tegnet av Niels Torp er ett av de største byggene på Tjuvholmen, og huser i dag ca. 750 ansatte. Bygget er fullt utl
Lower activity as momentum turns
Transaction volumes in the Nordic property market reached EUR 15.5 billion in the first half of 2020, which is 15 percent lower than the same period last year, as expected. After a strong first quarter, activity dropped more than 40 percent in the second quarter, according to new figures from property advisor Pangea Property Partners.The Nordics produced a transaction volume of EUR 6.1bn in the se
Serneke sells majority stake in Karlatornet
Pangea adviser to Serneke when teaming up with Oaktree for the development of the tallest building in the NordicsLast week, it was announced that Serneke has reached an agreement-in-principle to sell 80 percent of the landmark building Karlatornet in Gothenburg to Oaktree Capital Management. Serneke remains as a shareholder in the project and will continue to act as main contractor for the constru
Pangea voted #1 Nordic advisor by Euromoney
Pangea Property Partners has been voted best Nordic advisor in the Euromoney Real Estate Survey 2019, often regarded as the benchmark in the real estate industry. Pangea also won six other #1 awards in the 2019 survey.
Real estate once again a stock market winner, and the number of companies continues to increase
Nordic property shares continue to power on in the stock market. Over the past year the sector has risen by 32%, excluding dividends, compared with 3% for the stock market in general. Above all, Swedish property shares have performed well and are now on average valued 14% above their net asset values, motivating new companies to go public, according to the latest edition of Pangea Listed Overview.
Larger deals driving Nordic market close to record in 2018
2018 was another active year in the Nordic property market, as average transaction size increased, and inflow of foreign capital continued to be strong.
Pangea launches industry leading hotel team and new research
Pangea Property Partners launches a dedicated Nordic hotel team of transaction specialists, analysts and industry experts to strengthen its position as the leading advisor in the growing Nordic hotel property market. In addition, the team presents new research.
Residential property driving Nordic market close to transaction record in first half of 2018
The overall transaction volume in the Nordic property market reached the second highest level ever in the first half of 2018, driven by large investments from international investors in the residential sector.
Nordic retail property shares struggling, while logistics outperforming
Nordic property shares with focus on retail continue to trend downwards, while the logistics sector has outperformed due to increasing focus on online shopping, according to the new edition of Pangea Listed Overview produced by Pangea Property Partners.
Aspelin Ramm sells ALNA senter in Oslo
Aspelin Ramm has sold one of the Nordics’ most attractive shopping centres, ALNA senter, after 40 years’ ownership. The centre has five million annual visitors and an annual turnover of NOK 2 billion. The buyer is Joh Johannson Eiendom AS.
Pangea recruits two new talents
We have strengthened our team with two new analysts at our Stockholm office.
Økt interesse for Finland blant norske investorer
Ragde Eiendom kjøper tre Plantasjen-eiendommer i Finland. Selger er Oslo Pensjonsforsikring (OPF).
New partner announcement
Pangea Property Partners is pleased to announce the promotion of Linn Idsø Brenne (44) to partner.Linn has more than 20 years of experience working within different industries, of which 15 years of specializing within the real estate industry. She has broad property and transaction experience acting as advisor in Akershus Eiendom, Newsec and Pangea Property Partners, as well asin Entrawhere she ha
Karolinska Hospital sold to Niam
Pangea sell-side adviser to Stockholm County Council in SEK 2.3bn deal. Stockholm County Council (Sw: Stockholms Läns Landsting) sells the former Karolinska University Hospital to Niam. The property has a total area of about 110,000 sqm, making it one of the largest properties in Sweden. The sales price is SEK 2.3 billion.
Starwood and Oscar Properties in new partnership
Pangea setting up a new JV for large residential development in Stockholm. Today, it was announced that Starwood Capital Group and Swedish residential developer Oscar Properties have established a new joint venture for the development of Primus 1 in Stockholm.
Second highest Nordic transaction volume ever in 2017
Transaction volumes in the Nordic commercial real estate market will exceed €42 billion in 2017. This is the second highest level ever recorded and Sweden is the only country showing lower volumes than last year, according to new figures from Pangea Property Partners.
We are expanding our team
We are excited to welcome a new Associate to our office in Oslo.Jørgen Bråten Nordby (29) comes from the investment firm Credo Partners. Before that he worked as Associate in Arkwright Consulting. Nordby has a Master’s degree in Advanced Economics and Finance from CBS in Denmark. He has also practice from SEB, PWC and ABG Sundal Collier. This combination of experience has given him a broad backgr