Employees

Bård Bjølgerud CEO & Partner
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.
Joakim Arvius CEO Sweden & Partner
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.
Håvard A. Nustad Director & Partner
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.
André Lundberg Head of Corporate Finance & Partner
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.
Thomas Andersson Director & Partner
Thomas Andersson has worked extensively with corporate finance and hotel property related transactions and strategic advisory. He has been involved in most of Pangea’s corporate finance and hotel related transactions in recent years. Previously with JLL Corporate Finance in London, including relevant hotel experience. He joined Pangea in 2010, partner since 2014. Mr Andersson holds a BSc in Real Estate from Chalmers University and a MSc, majoring in Finance, from Gothenburg School of Economics. Relevant industry experience: +15 years.
Andreas Friberg Director & Partner
Andreas Friberg has experience from property transactions within all asset classes. He has participated in several of the largest property transactions in the Nordics, recent profile credentials include Starwood’s public offer for Victoria Park and Castellum’s acquisition of Norrporten. He joined Pangea Property Partners in 2011 Mr Friberg holds an MSc in Business and Economics from Stockholm University. Relevant industry experience: +10 years.
Erik Høvik Director & Partner
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
Martin Schollin Director & Partner
Martin Schollin has worked in the Swedish property market since 1997. He founded Tenzing and has previously worked at Catella and JLL. Martin joined Pangea in 2019. He holds a M.Sc. / MSE from The Royal Institute of Technology in Stockholm and has studied economy at the University of Stockholm. Relevant industry experience: +25 years.
Mikael Söderlundh Head of Research & Partner
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.
Niklas Styrvold Andersen Senior Business Controller
Niklas has experience from auditing and consulting in the real estate industry. He started in Pangea in 2021, and previously worked in the BDO department Real Estate. Niklas has a master's degree in economics with a specialization in financial economics from the Norwegian School of Economics in Bergen (NHH).
Iris Krigsvoll Auran Associate
Iris Krigsvoll Auran started working at Pangea in 2021. She has previous experience from DNB where she worked with credit research, financing and advisory within several sectors including real estate, retail and hotel. Iris holds a MSc in Industrial Economics and Technology Management from the Norwegian University of Science and Technology (NTNU). Relevant industry experience: +3 years
Julia Bergqvist Associate Director
Julia Bergqvist has experience from property transactions in several segments. Prior to joining Pangea, she worked at Nordier Property Advisors in Stockholm. She joined Pangea in 2018 Ms Bergqvist holds a BSc in Real Estate and Finance from The Royal Institute of Technology in Stockholm. Relevant industry experience: +5 years.
Katharina Kerr Eckbo Receptionist
Katharina is Pangea’s Receptionist and Meeting coordinator in Oslo. She joined Pangea in 2019 and has experience from interior design and retail.
Emil Ekholm Analyst
Emil Ekholm has experience from auditing and consulting within real estate and construction. He joined Pangea in 2019 after working at EY. Ekholm has a Bachelor in Business from Stockholm Business School. Relevant industry experience: +4 years
Andreas Fiskum Analyst
Andreas Fiskum has previous experience from Carnegie’s Project Finance department where he worked in addition to his studies. He has practice in many different areas of finance through his work in Nordea Bank Oslo and an internship at the boot fund Jubilee Capital Management in Singapore. Andreas started at Pangea in 2020 and has a Master in finance from the National University in Singapore. Relevant industry experience: +2 år.
Alexander Frønsdal Analyst
Alexander Frønsdal started at Pangea in 2021. He has previously worked as an analyst on equity research at Handelsbanken Capital Markets, covering the Norwegian real estate sector. Prior to that he worked as Treasurer at Handelsbanken. Alexander holds a Msc in Finance from the Norwegian School of Economics (NHH). He is also a certified Fixed Income Analyst by the The Norwegian Society of Financial Analysts (NFF). Relevant industry experience: +4 years.
Fredric Gylling Associate
Fredric Gylling has experience from the transaction industry working with M&A, valuation and fund raising. Prior to joining Pangea in 2018, he worked at Corporate Finance boutique in Stockholm. Mr Gylling holds an MSc in Business and Economics from the University of Linköping and an International Master in Finance from EADA Business School in Barcelona. Relevant industry experience: +6 years.
Roar Ingdal Director
Roar Ingdal has 30 years of leadership experience. He has been Administrative Director at First Hotels, Norlandia Hotels & Resorts and at the hotel real estate company Norgani. Roar also has been in the Nordic Choice Group for several years. In addition, he has been a Board Member at Oslofjord Property. Ingdal was furthermore Manager for the Nordic and Baltic department at the Royal Caribbean Cruise Line and manager for Visa Norway. Roar Ingdal has a Bachelor from the Norwegian Market College and has completed several Master of Management programs within strategy, influence and leadership. Relevant industry experience: +20 years.
Vetle Holt Johansen Associate
Vetle Holt Johansen started working as an associate at Pangea in 2020. He has previous experience from the analytics department at Kepler Cheuvreux/Swedbank and an internship at ABG Sundal Collier. Vetle holds a Msc in finance from the Norwegian School of Economics (NHH). Relevant industry experience: +5 years.
Linda Christine Key Receptionist
Linn Källum Analyst
Linn Källum has experience from property transactions in several segments. She is also experienced in fund and financial law and in property related tax. Prior to joining Pangea in 2020, Ms Källum worked at New Property Transaktion in Stockholm. Linn holds a MSc in Commercial and Business Law from Linköping University. Relevant industry experience: +3 years.
Markus Linell Associate
Markus has previous experience from property transactions as a credit analyst. He joined Pangea in 2019 after a completed internship. Linell holds an MSc in Real Estate Economics from The Royal Institute of Technology in Stockholm. Relevant industry experience: +3 years
Hege Nilsen PA to the CEO & Event
Hege Nilsen works as PA to the CEO and with Events & Administration. She has 11 years of experience from SEB Enskilda, where she worked as an assistant at Corporate Finance and for the Management. Ms Nilsen has been at Pangea since it was founded in 2009.
Henrik Granström Board 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.
Magnus Grape Analyst
Magnus Grape started as an analyst at Pangea in 2020. He has previously interned at Fredensborg’s investment team and in DNB’s corporate banking division in London. Magnus holds a M.Sc. in Finance from the Norwegian School of Economics (NHH). Relevant industry experience: +1 år.
Sandra Nordstrand Head of Administration
Sandra Nordstrand started at Pangea in 2004, (then Lundberg & Partners) as a receptionist. She now works as Head of Administration. Prior to joining Pangea, she worked at Fritidsresor AB, at the account department and as a tour-representative abroad.
Moa Nyhlén Receptionist
Moa Nyhlén is Pangea’s receptionist and Meeting coordinator in Stockholm. Prior to joining Pangea, she worked at XXL. She also has reception experience. Ms Nyhlén joined Pangea in 2018.
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).
Aleksander Lee Olsen Head of Communications
Aleksander Lee Olsen has worked as Communications Advisor and Press Contact at Norges Bank Investment Management. In addition, he has experience from Geelmuyden Kiese, where he worked with financial communication and was involved in several property transactions. Aleksander joined Pangea in 2020, and holds a Msc in Business and Economics, majoring in Business Analysis, from the Norwegian School of Economics (NHH). Relevant industry experience: +7 years.
Christian Sahlström Associate
Christian Sahlström is experienced in property transaction advisory, Nordic market research and financial modelling. Prior to joining Pangea in 2018, he worked at the global real estate consultant Savills. Mr Sahlström holds an MSc in Engineering, focused on real estate economics and finance, from the Royal Institute of Technology in Stockholm. Relevant industry experience: +5 years.
Sondre Aarseth Skjerven Associate
Sondre Aarseth Skjerven has worked on a selection of transactions, from portfolios to single assets, across all property segments. He joined Pangea in 2016, and was previously engaged with a local real estate company in Bergen. Mr Skjerven holds a MSc in Business and Economics, majoring in Finance, from Norwegian School of Economics in Bergen (NHH). Relevant industry experience: +5 years.
Daniella Svensson Analyst
Daniella joined Pangea in 2021. She has been Summer Intern and worked part-time at Pangea since March 2019. She holds a MSc in Engineering, focused on real estate economics and finance from the Royal Institute of Technology and a BSc in Business Administration from Stockholm Business School. Relevant industry experience: +1 years
Sina Såtvedthagen Head of Administration
Sina Såtvedthagen is Head of Administration. Sha has 12 years of experience from SEB Enskilda, as an assistant at Equity Research Department, Corporate Finance team and as a personal assistant for the CEO. Ms Såvedthagen has been at Pangea since it was founded in 2009.
Victoria Tichit Associate
Victoria Tichit has worked extensively on asset and portfolio valuation, operator selection, contract negotiation and analysis within the hotel sector. Previous experience from JLL Hotels & Hospitality in Paris and Obligo Real Estate in Oslo. She joined Pangea in 2018. Ms Tichit holds an BSc in International Hospitality Management, majoring in Real Estate and Finance, from Ecole Hôtelière de Lausanne. Relevant industry experience: +9 years.
Karin Tilja Graphic Designer
Karin Tilja has broad print and digital layout knowledge. Prior to joining Pangea in 2015, she worked at a digital production company and for a major Swedish publishing company. Mrs Tilja has a degree in Graphic Design from Berghs School of Communication in Stockholm.
Frida Tosterud Associate
Frida Tosterud has worked with a variety of complex transactions, across all property segments. She joined Pangea in 2016. Ms Tosterud holds a BSc in Business and Economics from BI Norwegian Business School and MSc in Finance from Hult International Business School, Boston. Relevant Industry experience: +5 years.
Elias Wiklund Analyst
Elias Wiklund joined Pangea in 2020 as an analyst. He has previous experience with asset management and direct infrastructure investments from his part-time position in AIP Management. Elias holds a MSc in Finance and Strategic Management from Copenhagen Business School. Relevant industry experience: +1 år.
Christian Winther CFO
Christian Winther has 10 years of experience as CFO and Partner with Teknoinvest – a highly recognized Norwegian Venture Capital-firm. Prior to this, he has experience from PwC where he was employed in Assurance and Business Advisory Services auditing and advising larger Norwegian financial institutions, mutual funds and venture funds. Winther joined Pangea as CFO in 2010. Mr Winther holds a MSc in Business Administration and Executive MBA in Finance, both from the Norwegian School of Economics and Business Administration, Bergen (NHH).
Tobias Årfelt Associate
Tobias Årfelt has extensive experience from hotel consulting, including feasibility analysis, concept development, contract negotiations and valuation. Prior to joining Pangea in 2018, he has worked at hotel consultancy Annordia and Korean conglomerate GS Group. Mr Årfelt holds an MSc in Business and Economics from Stockholm University, and he has studied Mandarin at Jilin University in China. Relevant industry experience: +6 years.
Terje A. Pettersen Managing Director & Partner
Pangea Debt Advisory
Terje A. Pettersen has more than 25 years of experience from Debt Capital Markets in the Nordics and is one of the founders of Pangea Debt Advisory in August 2021. He has worked at SEB for the past 10 years and been part of the management team in both SEB Norway and the Investment Banking unit. Mr. Pettersen has also been Head of Debt Capital & Partner at ABG Sundal Collier for 4 years and held numerous leading positions over a 12-year period at DNB, such as Head of Commercial Real Estate. He holds an MSc in Business and Economics, majoring in Finance, and an Executive MBA in Finance both from the Norwegian School of Economics (NHH). Relevant industry experience: +25 years.
John Stene Director & Partner
Pangea Debt Advisory
John Stene has extensive experience within Debt Capital Markets in the Nordics and is one of the founders of Pangea Debt Advisory in August 2021. He comes from the position as Vice President, Corporate & Institutional Advisory at Swedbank where he has worked for more than 11 years. Mr. Stene has worked in Investment Banking for the past 10 years, and also worked a year at Swedbank's headquarter in Stockholm where he contributed to rebuild Swedbank's DCM High Yield origination team, with a special focus on real estate transactions. He holds an MBA in International Business and a MSc in Finance from the University of Denver. Relevant industry experience: +12 years.
Arnstein Rød Managing Director & Partner, Pangea Project Finance
Arnstein Rød has extensive experience within commercial real estate Project Finance, in Norway and Sweden. After more than 20 years as being responsible for and Head of the CRE Project Finance team in Investment Banking at DNB Markets, Mr. Rød was one of the founders of Pangea Project Finance in January 2021. Mr. Rød holds an MSc in Business and Economics from the Norwegian School of Economics (NHH) and Stockholm School of Economics. Relevant industry experience: +20 years.
Viktor Myhre Associate, Pangea Project Finance
Viktor Myhre has worked on numerous complex transactions across all real estate segments, from sale and acquisition of portfolios to acquisition of single assets. He contributed to the establishment and started at Pangea Project Finance in January 2021. Prior to joining Pangea, Myhre has three years’ experience from the Real Estate Sector Coverage team in DNB Markets’ Investment Banking Division. Myhre holds an MSc in Business and Economics from BI Norwegian Business School in Oslo. Relevant industry experience: +3 years.
Dino Ligonja Associate, Pangea Project Finance
Dino Ligonja started working at Pangea Project Finance in May 2021. He has previous experience from Nordea Markets Copenhagen as a Senior Business Analyst and from Copenhagen Infrastructure Partners as an Analyst. He has also founded the company EasyMoving. Dino holds a MSc in Applied Economics & Finance from Copenhagen Business School. Relevant industry experience: +3 year