10 maj, 2021

Record deal in the Nordics


“Project Galleon” is the largest real estate transaction in the Nordics YTD, and the largest in Norway since Citycon acquired Sektor Gruppen back in 2015!

Pangea is proud to have acted as joint lead adviser for HitecVision / Asset Buyout Partners in connection with the sale of ABP to Fastighets AB Balder. ABP is valued at NOK 9bn (post deduction of deferred tax) and the portfolio consists of 106 properties of 264,000 sqm and ca. 1.8 million sqm of land at strategic locations along the Norwegian coast.

Pangea’s team consisted of: Bård Bjølgerud, Erik Høvik, Sondre Aarseth Skjerven, Vetle Holt Johansen, Aleksander Lee Olsen, and Andreas Fiskum.

Read more in Dagens Industri (SWE), Dagens Næringsliv (NOR) or PropertyEU (ENG)

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