Provider of investment opportunities in Nordic real estate

Pangea Project Finance is an independent sister company of Pangea Property Partners.

Our services cover the entire buy-side arrangement process, from establishment- and management advisory to structuring and negotiations of complex transactions.

Based in Oslo, the company identifies investment opportunities involving the acquisition of real estate assets across all segments in the Nordic countries. We raise equity and arrange debt financing for a broad range of investor compositions, including bilateral transactions, club deals and larger industrial M&A transactions.

Our clients include corporates, private equity funds, institutional investors, private investors and families. Our team includes experts with significant transaction experience within the Nordic real estate sector.


Arnstein Rød is Managing Director and Partner at Pangea Project Finance. He has worked more than 20 years at DNB Markets and has been responsible for real estate syndication for more than a decade. He has executed more than 200 real estate transactions worth more than NOK 40 billion, of which 30 transactions worth about NOK 10 billion have been completed over the last three years.

Pangea Project Finance was established in 2021 with operations in Oslo.

Feel free to contact the team below.


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 Director
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.
Sondre Aarseth Skjerven Associate Director
Pangea Project Finance
Sondre Aarseth Skjerven started working at Pangea Project Finance in January 2022. He has worked at Pangea Property Partners since 2016 and worked on several of the company’s largest transactions over the last five years, ranging from portfolios and companies to single assets. He was previously engaged with a local real estate company in Bergen, and holds a MSc in Business and Economics, majoring in Finance, from Norwegian School of Economics in Bergen (NHH). Relevant industry experience: +6 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