Partner-owned and independent

Pangea Property Partners is partner-owned and thereby fully independent. All partners are active in the day-to-day business and we act as one seamless company regardless of country. This gives us a unique strength and position in the Nordic advisory market, without ties to any other player.

We are fully focused on the deals and nothing else.

History

Pangea Property Partners has its origin in Lundberg & Partners and SEB Enskilda in Oslo. The two teams matched each other well, combining Lundberg & Partners’ in-depth property market knowledge and Enskilda’s financial strength and execution power.

Since the merger in 2009, Pangea Property Partners has advised on more than 350 transactions with an underlying property value close to EUR 35 billion, including many of the absolute largest transactions in the Nordic region. The founders are still active in the company and contribute to the business with focus, stability and experience.

Selected transactions

Country manager

Bård Bjølgerud VD
Håvard A. Nustad Responsible Norway
Joakim Arvius Responsible Sweden
Thomas Andersson Responsible London

Board

Klaus-Anders Nysteen Chairman
Klaus-Anders Nysteen has been CEO of Hoist Finance since March 2018, and is also Chairman in Bank Norwegian. He has previously worked in, among others, Entra Eiendom AS, Nordic Capital, Lindorff Group, Statoil Fuel & Retail ASA and as CEO at Storebrand Bank ASA. He has extensive experience from a number of board positions, among others in Webstep ASA and Asset Buyout Partners AS. Nysteen holds a Master of Science in Business Administration from the Norwegian School of Economics (NHH).
Bård Bjølgerud Member
Bård Bjølgerud has been instrumental in many of the largest and most complex property and hotel transactions in the Nordic region over the past +20 years. Having previous been Head of Nordic Real Estate Corporate Finance, deputy CEO at SEB Enskilda and Head of Equity Research at Alfred Berg/ABN Amro, he founded Pangea in 2009. Mr Bjølgerud holds an MSc in Business and Economics, majoring in Finance, from NHH Norwegian School of Economics. Relevant industry experience: +25 years.
André Lundberg Member
André Lundberg has originated and orchestrated many of the largest and most complex transactions in the Nordic region over the last 10 years. His experience covers all types of transactions as well as financing, development projects and strategic advice. Lundberg was one of the founding Partners of Pangea in 2009, after being Partner at Lundberg & Partners, at the time one of the leading advisors in Sweden. Mr Lundberg has education corresponding to BSc in Business and Economics at Stockholm University and the Royal Institute of Technology, Stockholm. Relevant industry experience: + 25 years.
Håvard A. Nustad Member
Håvard A. Nustad has extensive knowledge about the Norwegian and Nordic property market, having acted both as advisor and as corporate investor (Steen & Strøm) for close to 20 years, and has initiated and worked on some of the largest real estate transactions in Norway. Project Manager and Head of Acquisitions in ABB Norsk Kabel, Vice President Corporate Finance at Orkla Finans (Fondsmegling), Executive Vice President in Steen & Strøm, as Managing Partner of DTZ in Norway and since 2010 Partner and Director in Pangea Property Partners AS. Mr Nustad holds an MSc in Business Administration from the Norwegian School of Economics and Business Administration, Bergen, followed by specialization in finance at NHH´s PhD program (Høyere Avdelings eksamen). Relevant industry experience: + 30 years.
Joakim Arvius Member
Joakim Arvius has worked in the Swedish property market since 1994, mostly with transactions, and has a solid knowledge about the business. He previously worked at Skanska, AP Fastigheter (Vasakronan) and HSH Nordbank. Arvius joined Pangea Property Partners in 2006 (then Lundberg & Partners) and works as a Project Manager with larger transactions and he is an expert when it comes to developments. Mr Arvius holds an MSc in Engineering, focused on Real Estate Economics and Finance, from the Royal Institute of Technology in Stockholm. Relevant industry experience: +25 years.
Henrik Granström Member
Henrik Granström has extensive experience as Managing Director and board member at Newsec AB and as Partner at Stronghold Invest AB for more than 16 years. He has also been Managing Director and board member at Datscha and worked at McKinsey & Company. He has held a number of board positions, among others in Novi Real Estate, Elbilio AB, and Fyrfasen Energi AB. Granström holds a Master of Science from Umeå University and a Master of Business Administration from Chalmers University of Technology.
Mikael Söderlundh Deputy
Michael Söderlundh has broad experience from market research on the Nordic property market, including the listed sector, and how it relates to company strategies and transactions. Previous positions include Partner and Head of Research at Leimdörfer (now Nordanö). He joined Pangea as Partner in 2011. Mr Söderlundh holds an MSc in Business and Economics, majoring in Finance, from Stockholm School of Economics. Relevant industry experience: +15 years.
Erik Høvik Deputy
Erik Høvik’s experience includes some of the biggest Nordic transactions as well as financing, development projects and strategic advice towards a broad range of property owners and investors. After being part of Vital Eiendom’s (DNB) investment team, Høvik joined Pangea in 2011 and is a Partner. Mr Høvik holds an MSc in Business and Economics, majoring in Finance, from Norwegian School of Economics in Bergen (NHH). Relevant industry experience: + 10 years