ARTICLES TAGGED WITH "Pangea"

DNB Livforsikring to Sell Oslo City

Norway Norway — DNB will sell Oslo City to a consortium consisting of Entra and Steen & Strøm. The property is valued at approximately NOK 5 billion (€527 M).

Continuing Strong Transaction Activity

Nordic — The transaction activity on the Nordic property market is continuing strong. The total volume reached € 3.5 billion in November, according to Pangea, partly driven by a strong transaction market in Norway.

Large Office Deal in Oslo

Norway Norway — Fornebuporten Holding AS, an indirect subsidiary of Aker ASA, has signed an agreement to sell its shares in Fornebuporten AS to a Norwegian real estate consortium led by Pareto Securities AS. The transaction values the Fornebuporten offices at NOK 3.2 billion (€ 340 M).

Transaction volume: €2.5 billion in September

Nordic — The transaction volume in the Nordics reached € 2.5 billion in September, driven by several larger retail transactions, according to Pangea.

Moderate Transaction Activity in August

Nordic — 45 deals at a total volume of € 2.2 billion was made in the Nordics in August, according to Pangea Monthly Update.

Large Shopping Center Deal in Norway

Norway Norway — Schage Eiendom acquires the Norwegian shopping center company Salto Eiendom. The gross asset value is €550 M (NOK 5 billion).

Strong Nordic Transaction Market in July

Nordic — July was another month of high transaction activity in the Nordics with 49 deals and a total volume of EUR 4.6 billion, according to Pangea Monthly Update. The volume was partly driven by Blackstone's sizeable acquisition of several Obligo IM fund structures with properties in all Nordic countries.

Strong Transaction Market in the Nordics in June

Nordic — 87 property deals was made in the Nordics in June. The total volume reached €3.6 billion, according to Pangea Monthly Update.

Increasing Transaction Activity in the Nordics

Nordic — The overall transaction activity is described as increasing in Pangea´s Nordic Property Market Update for March. 63 deals were made at a total volume of €2.4 billion.

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.