News

9 January, 2017

Pangea recognized in numerous rankings

Over the past years, Pangea Property Partners has become the leading transaction advisor in the Nordic commercial real estate market. During 2016, we advised on about 50 transactions with an underlying property value of close to €7 billion. With a total transaction volume around €43 billion in the Nordic market last year, it means that Pangea advised on more than 16 percent of all deals, buy side or sell side.

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2 January, 2017

Large deal in central Umeå

Scherdin Fastigheter announced the sale of a commercial property portfolio in central Umeå. The portfolio has a lettable area of approximately 18,300 sqm with SF, Nordea, Lagerhaus and Lindex being the largest tenants. The buyer is a new property company equally owned by Balticgruppen and the seller.

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22 December, 2016

Nordic property transactions set record of €43 billion in 2016

Volumes in the Nordic commercial real estate markets set yet another record in 2016, led by an extremely vibrant Swedish market and strong activity in the residential segment. This contrasts with a weak general trend in Europe following the Brexit vote.

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19 December, 2016

Pangea adviser to Citycon when acquiring neighbouring property

Citycon has announced the acquisition of an office building in Bergen for NOK 710m. The seller was Tryg Forsikring, also being anchor tenant in the property with a 10-year lease. Pangea Property Partners was buy-side adviser to Citycon in the transaction.

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