7 February, 2017

Major hotel deal in Copenhagen

The existing Hilton hotel at Copenhagen Airport will be taken over by Nordic Choice and branded as a Clarion Hotel. The well-established high-end hotel has 382 rooms and will undergo an extensive upgrade. In addition, a brand new 500-room Comfort hotel with 3,000 sqm of modern conference facilities will be built alongside the existing hotel. The construction cost is estimated to DKK 800m and the hotel and conference centre is scheduled to be ready for use in 2020.

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30 January, 2017

Pangea adviser to NP3 Fastigheter in the sale to Svenska Handelsfastigheter

NP3 Fastigheter announced the sale of Falun’s largest retail park ‘Majoren’ to Svenska Handelsfastigheter. Large tenants are Granngården, Jysk, Rusta and ÖoB, among others. Pangea Property Partners was sell-side adviser to NP3 Fastigheter in the transaction.

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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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