5 April, 2017

Retail transaction in Trondheim

Pangea adviser to Citycon in the NOK 183m sale to local investor.

In early March, the sale of Citycon’s retail big box property Lade in Trondheim was closed. The property has five tenants and a gross lettable area around 8,600 sqm. The sales price was EUR 21m (NOK 183m) and the buyer was Frost Eiendom, a family-owned company with focus on the Trondheim region.

Pangea Property Partners was sell-side adviser to Citycon in the transaction.

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8 January, 2018

Residential Project in Malmö

At end of December, it was announced that Magnolia Bostad sells the residential project Valhall 1 in Malmö to Vault Investment Partner. The project is located in Hyllie, close to the train station and Emporia shopping centre, and comprises 430 apartments, garage and a large grocery store. Pangea Property Partners was buy-side adviser to Vault Investment Partner in the transaction.

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19 December, 2017

We are growing and looking for new talents

Following a busy 2016/2017 advising on more than 100 transactions across the Nordics, with a total property value close to €9 billion, we are now expanding our deal team. Currently, we are looking for new talents in both Stockholm and Oslo.

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4 December, 2017

Nordic cross-border hotel deal  

At end of last week, it was announced that Strawberry Properties sells a large Nordic hotel portfolio to Midstar Hotels. The portfolio includes one hotel property in Sweden and four in Norway with 782 rooms in total. The largest hotel in the portfolio is Quality Hotel 11 in Gothenburg located just by the water at Norra Älvstranden. Pangea Property Partners was sell-side adviser to Strawberry Properties in the transaction, being the third largest hotel deal in the Nordics this year.

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20 November, 2017

Residential sale in Northern Sweden

At end of last week, it was announced that Rikshem sells seven residential properties in Haparanda to regional investor Fastighetsmästaren. Haparanda is a city in the most northern part of Sweden right next to the Finnish border. The portfolio comprises 151 apartments with a total lettable area of approximately 8,200 sqm.

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