News

12 December, 2016

ICA Fastigheter sells Norwegian portfolio

ICA Fastigheter announced the sale of its Norwegian property portfolio for NOK 2.1bn to UNION Real Estate Fund II, a property fund managed by UNION Eiendomskapital. Pangea Property Partners was sell-side adviser to ICA Fastigheter in the transaction, which is the third largest property transaction in Norway this year, and the largest one in the retail sector.

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5 December, 2016

“If you stop developing the city, you lose the investor interest”

Successful city development requires cooperation, and shared values and visions from all parties involved. (City) development creates investor interest through, increased liquidity, reduced risk, and increased prices in the real estate market, in addition to economic growth. If you stop developing the city, you lose the investor interest. This presentation examines the critical elements for successful development.

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Pangea adviser to Slättö in SEK 5-14bn deal with Magnolia

Slättö Förvaltning announced the acquisition of residential projects worth at a minimum SEK 5bn from Magnolia Bostäder. The portfolio includes 13 projects and 7,000 apartments located mainly in Stockholm, Uppsala and Öresund.

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28 November, 2016

Largest deal in northern Sweden

Pangea adviser to Castellum in SEK 4.6bn sale. Last week, Castellum announced the sale of 32 properties in northern Sweden to Diös. The property portfolio comprises centrally located office- and retail properties in Umeå (13), Luleå (9) and Sundsvall (10) with a total area of 216,000 sqm.

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