Pangea Launches Project Finance Company – Recruits DNB Markets Team

Norway Norway — Pangea Property Partners is expanding its business and establishes Pangea Project Finance AS from 1 January 2021. A team from DNB Markets has been recruited and the syndication profile Arnstein Rød will lead the company.

How the Office Complex in Oslo Got Sold That Fast

Norway Norway — Eiendomsspar and a company established by Vika Project Finance with Canica as the sole investor in the company, have signed a bid acceptance for one of Oslo's most attractive office properties. Bård Bjølgerud, CEO of Pangea Property Partners, takes us through the quick process.

For Sale: One of Oslo CBD’s Most Attractive Office Buildings – Wework One of the Tenants

Norway Norway — The seller is Eiendomsspar who acquired the property in 2011 from Aberdeen Asset Management for approx. EUR 83 million. CEO Christian Ringnes tells Nordic Property News: “It may seem a little strange that we are selling such an attractive building.”

The Advisor on the Record Deal: “We Are Not Surprised”

Norway Norway — Bane NOR Eiendom has just announced the record sale of a 13,000 sqm office building in Norway’s number six, Drammen, just outside of Oslo, for NOK 740 million to a syndicate organized by DNB Markets. Pangea Property Partners’ CEO Bård Bjølgerud comments on the deal.

Covid-19 Effects on the Different Property Segments

Nordic — Bård Bjølgerud, CEO of Pangea Property Partners: ”We have experienced a number of things that have escalated.”

How the Global Interest for Norway Has Increased

Norway Norway — The interest for investments in the Norwegian real estate market is higher now, than before the corona crisis. Pangea Property Partners’ CEO Bård Bjølgerud gives the reasons for a possible investment boom in Norway, going forward.

”It Will Be a Hard Struggle for the Hotel Operators”

Nordic — Johan Johander, Head of Research at Benchmarking Alliance, and Bård Bjølgerud, CEO at Pangea Property Partners, on the immediate corona effects on the hotel property market and the future, beyond these challenging days.

Pangea Hires Five Analysts to Oslo Office

Norway Norway — "They will make the organization in Oslo younger and even more dynamic and exciting," says Pangea Property Partners' CEO Bård Bjølgerud.

Why Foreign Investors Target Finland

Finland Finland — Starwood has entered Finland. Bård Bjølgerud, CEO of Pangea Property Partners, on the reasons why more global investors are looking at the country – and also why some still do not want to invest there.

107,000 sqm Attractive Land for Sale in Central Oslo: "A Number of Possibilities"

Norway Norway — The Norwegian public broadcasting NRK are set to leave their building at Marienlyst in Oslo after more than 80 years. This could open up for 107,000 sqm of new projects in central Oslo. Pangea’s CEO Bård Bjølgerud tells Nordic Property News about the area’s future possibilities.

Pangea Launches Hotel Team and New Research

Nordic — Pangea Property Partners launches a dedicated Nordic hotel team of transaction specialists, analysts and industry experts to strengthen its position. In addition, the team presents new research.

“Healthy Correction of the Housing Market in Oslo”

Norway Norway — Lately there have been worrying reports of declining prices and decreasing demand on the Norwegian housing market as a result of new authority directive. But according to Pangea’s CEO Bård Bjølgerud it is more about a healthy correction.

Strong Foreign Interest in Norwegian Real Estate

Norway Norway — The development of the Norwegian real estate market has been prosperous over the last couple of years. Pangea Property Partners’ CEO Bård Bjølgerud analyzes the foreign interest in Norway and which segments are the strongest.

Pangea: The Nordic Property Market at the Peak or just on the Way to the Top?

Nordic — The Nordic property markets will continue to perform well but faces new challenges, according to the new report Pangea Property Outlook 2017/2018. The winners will be segments with continued rental growth, such as attractive offices in the capital regions, while there is upward yield pressure on interest rate sensitive properties. Transaction activity is expected to be record high in 2017, but slow down slightly in 2018.

Nordic Property Transactions Set New Record in First Half of 2017

Nordic — Driven by a very strong Norwegian and Finnish market, volumes in the Nordic property markets reached a new record in the first half of 2017. Private investors and property funds were particularly active on the buy side and the share of foreign buyers increased significantly, according to Pangea Property Partners report.

Revaluation of Nordic real estate equities – from premium to discount

Nordic — Nordic property shares have trended downwards since all-time high in September last year. Former valuation premiums have disappeared and many companies are now trading at a discount. In particular, smaller property shares outside the main list have taken a large hit, according to the new report Pangea Nordic Listed Overview from Pangea Property Partners.

Nordic Property Transactions Set Record of EUR 43 billion in 2016

Nordic — Volumes in the Nordic commercial real estate markets set yet another record in 2016, led by an extremely vibrant Swedish market and strong activity in the residential segment, according to Pangea's report. This contrasts with a weak general trend in Europe following the Brexit vote.

Nordic Property Shares Surge Post Brexit

Nordic — After the Brexit vote, Nordic property shares have strongly outperformed both the general stock market and European property shares, supporting the notion of property in the Nordic region as a safe haven.

Nordic Property Transactions Reach New Record in First Half of 2016

Nordic — Driven by a very strong Swedish market, volumes in the Nordic property markets reached a record in the first half of 2016 - €18.6 billion, according to new figures from Pangea. Institutional investors and listed property companies were particularly active on the buy side.

Jørn Høistad joins Pangea

Norway Norway — Jørn Høistad, founder and former head of DTZ´s valuation business in Norway, joins Pangea Property Partners.

Pangea Property Partners and Mrec Establish Strategic Cooperation

Nordic — Pangea Property Partners, with offices in Stockholm, Oslo and London, and Helsinki-based Mrec has announced that the two companies have entered into cooperation on a project basis in order to take advantage of the increase in cross-border property transactions in the Nordic region.

Record Breaking Volumes on the Nordic Transaction Market

Nordic — The transaction volume on the Nordic real estate market will reach almost € 40 billion during 2015, according to new numbers from Pangea Property Partners. It is the highest noted level to date.

Boom for Nordic real estate shares

Nordic — Nordic real estate shares have seen a bright start of 2015, according to Pangea Property Partners' property share index.