Nordic Transaction Power
Pangea Property Partners is an independent corporate finance and transaction advisory firm focusing on the Nordic property sector. We have a strong track record of executing complex transactions such as creating new companies and divesting portfolios in illiquid markets. This means that we know how to handle all kinds of transactions, maximising results for our clients.
Pangea Property Partners has a history of combining Nordic property with international capital. We have an extended network of international investors, and more than 40 percent of our transactions are cross border. Currently, we are some 30 employees with offices in Stockholm, Oslo and London. In addition, we have a close cooperation with Mrec in Finland.
Shopping centre deal in Norway
Citycon sells Heiane Storsenter in Norway to the regional investor Midgard Gruppen for approximately EUR 24m. The shopping centre is located in Stord, in the western part of Norway, and has approximately 1.2 million visitors every year. Pangea Property Partners was sell-side adviser to Citycon in the transaction.Read more
Large resi deal in Sweden
Slättö IV sells a newly built Swedish residential portfolio in two separate tranches for almost SEK 1.6bn. The buyers are Trenum (owned by Balder and AP3) acquiring 372 apartments in Stockholm and Västerås and Lansa Fastigheter acquiring 295 apartments in Karlstad and Umeå. The total area is close to 38,000 sqm giving an average price of approximately SEK 43,000 SEK/sqm.Read more
Strategic advisory mandate
Pangea Property Partners has conducted a comprehensive strategic analysis for the Swedish municipality Östersund throughout 2017/2018. Focus of the study has been to map the municipality’s total property holdings (spread across a number of different entities) and present a new and more efficient structure, both from a strategic and financial perspective.Read more
Cross-border deal in Finland
Oslo Pensjonsforsikring sells three retail properties in Finland to Ragde Eiendom. The properties are located in Espoo, Porvoo and Vaasa with a total area of about 13,500 sqm. The properties are fully let to Plantagen with an average lease term of about 17 years. Pangea Property Partners and Mrec was sell-side adviser to Oslo Pensjonsforsikring in the transaction.Read more
PREX index family
There are more than 40 real estate equities in the Nordic market.
We have grouped these according to a number of criteria (e.g. geography and sector focus) and created an index family named PREX. To the right, the sub-index PREX Country shows how property shares have performed in different countries over the last 12 months.Read more