3 January, 2022

Nordic deal volume at all-time high by a mile!

The Nordic property markets set a new groundbreaking record with a transaction volume of more than SEK 724 billion in 2021, which is 65% higher than in 2020 and by far the highest volume ever recorded for a single year in the Nordics.

“2021 was an extraordinary year with high transaction activity all across the Nordics. After a strong first half of the year, activity just accelerated during the second half, says Mikael Söderlundh, Head of Research & Partner.

Pangea Property Partners was voted #1 property advisor in the Nordics by Euromoney in 2021 after advising on more than 110 property transactions and advisory mandates with an underlying property value exceeding SEK 165bn.

“We at Pangea are very proud to have advised on three of the top six transactions in the Nordics in 2021, and all the top three in Norway. In addition, we advised on a broad range of other transactions both cross-border and cross segments. Pangea is expanding, and last year we added Project Finance and Debt Advisory to our services. We also hired 14 new and very competent employees in Norway and Sweden, who contributed to build our very strong order backlog for 2022,” says Bård Bjølgerud, CEO & Partner.

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