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.
Hotel deal in central Gävle
Blackstone and Areim have sold the hotel property Gävle Norr 20:6 to Västerkulla Hotell. The property was extensively refurbished in 2006-2007 and upgraded in 2019 with a lettable area close to 9,400 sqm and 186 hotel rooms. The tenants are Scandic Hotels on a long lease agreement and the popular restaurant Skeppet re-opening in March 2020.Read more
Serneke sells majority stake in Karlatornet
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 construction.Read more
Large hotel deal in Oslo
Eiendomsspar has sold Scandic Helsfyr to Storebrand for approximately NOK 1.1 billion. The hotel is located in the expansive Helsfyr neighbourhood, 5-10 minutes east of Oslo city. Scandic Helsfyr is undergoing an extensive upgrade and expansion increasing the number of rooms from 253 to 450.Read more
Portfolio deal in Mid Sweden
Trumbäcken Invest sold eight centrally located properties in Falun and two in Bjursås to Stålbo Fastigheter. The portfolio comprises 263 apartments and also commercial premises such as office, retail and hotel. The transaction will be closed in Q1 2020. Pangea Property Partners was sell-side adviser to Trumbäcken in the transaction.Read more