Nordic Transaction Power

Property transactions We don’t need to find the buyers.
We know them already

Corporate finance Strong results in complex deals

Research The best research coverage in the Nordics

Sweden

151 bn

Volume
2018
SEKbn

Norway

80 bn

Volume
2018
NOKbn

Finland

10 bn

Volume
2018
EURbn

Denmark

62 bn

Volume
2018
DKKbn

Nordics

42 bn

Volume
2018
EURbn

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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.

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.

Retail transaction in Motala

Agora, owned by Klövern, has sold the property Plåtslagaren 7 in central Motala. The retail property is known as ‘Gallerian’ and has a lettable area of approximately 12,000 sqm, including parking. The largest tenants are Akademibokhandeln, H&M, Team Sportia, Lindex and Gina Tricot. Pangea Property Partners was buy-side adviser to Fastator in the transaction.

Additional hotel deal in Sweden

Västerkulla Hotell has acquired the property Bergmästaren 22 in central Falun. The property was built and extended in 1930 and 1985 respectively with an extensive refurbishment in 2013-2015. The tenant is Clarion Collection Hotel Bergmästaren on a long lease agreement. The hotel has 85 rooms, conference facilities, restaurant and bar.

Another Plantagen deal

Today it was announced that Oslo Pensjonsforsikring has sold a Plantasjen asset in Oslo to Malling & Co Eiendomsfond. The property is located in Gardermoen Business Park and is fully let to Plantasjen with a remaining lease term close to 17 years. Earlier this year, Oslo Pensjonsforsikring sold three Plantasjen assets in Finland to Ragde.

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.

PREX Country

Sweden

+8 %

Norway

-10 %

Finland

-16 %

Denmark

+9 %

Nordics

+2 %