6 May, 2019

Pangea shows strong start of 2019

Total deal volume about SEK 12bn in the year’s first four months

The executed deals include both buy-side and sell-side mandates, across several markets and segments, with some of the most prominent transactions being:

  • Adviser in the major property swap in Sweden between Castellum and Lilium including six properties in Linköping and 20 properties in Sundsvall (SEK 5.2bn)
  • Adviser to Tristan Capital Partners (EPISO 3) in the sale of prime office and retail property Grensen 5-7 in Oslo CBD (NOK 900m)
  • Adviser to Genesta (GNRE Fund II) in the sale of office property Dronning Mauds gate 15 in Oslo CBD (price not disclosed)
  • Adviser when Bane NOR Eiendom and Eiendomspar established a new 50/50 parking company joint venture, Oslo S Parkering AS, with 1,165 parking spots in connection to Oslo Central Station and suburban station Asker (~NOK 1.0bn)
  • Adviser to Fastator in the acquisition of five retail properties in Bollnäs, Ludvika and Sala as three separate transactions (SEK 220m)
  • Adviser to Västerkulla in the acquisition of Best Western Hotel Gustav Wasa in Borlänge (price not disclosed)
  • Adviser in Selvaag Gruppen’s acquisition of all shares in Utleiebolig AS with 840 apartments in greater Oslo, Lørenskog, Jessheim, Drammen and Bergen (~NOK 3bn)
To news archive
15 July, 2019

Strong first half of 2019 for Pangea

Adviser to Lindbäcks Bygg in the sale of 1,143 student apartments in Luleå to Studentbostäder i Sverige (SEK 1.1bn), including an equity settlement making Lindbäcks a majority shareholder in SBS (20 percent ownership)
Adviser to Coop Klepp and Dolphin Eiendom in the sale of shopping centre Jærhagen Kjøpesenter in Stavanger to a NRP syndicate (price not disclosed)

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1 July, 2019

PANGEA LISTED OVERVIEW

Last week, we published a new edition of Pangea Listed Overview covering all listed property companies and property developers on the Nordic main list and First North. The report contains key information about e.g. share price performance, company profile, ownership, leverage and valuation metrics.

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17 June, 2019

Another deal in Stockholm

Profi Fastigheter sold the properties Jollen 4 and Näsbypark 73:5 in northern Stockholm to a new joint venture with Vasaparken, owned by the Åhman family, and Samhällsbyggnadsbolaget. The properties have a total lettable area of approximately 8,200 sqm including office and school premises.

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10 June, 2019

Retail deal in Trelleborg

Skandia Fastigheter sells the property Valfisken Större 45 in central Trelleborg to Point Properties, a wholly owned subsidiary to Fastator, for SEK 222 million. The retail property is known as “Galleria Valen” and has a lettable area of approximately 17,200 sqm, also including offices, residentials and garage. Some of the largest tenants are ICA, KappAhl, Clas Ohlsson, MQ, Intersport and Fitness24Seven.

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