Pangea Property Partners have identified an increasing demand by property investors/owners for an independent, experienced, focused and skilled partner in the Nordic property market that delivers on all aspects of property related advisory. Pangea believes our set-up offers exactly this.
Pangea Property Partners was created through a merger between Lundberg & Partners in Sweden and the specialized property corporate finance team from SEB Enskilda in Oslo in August 2009. The total number of employees is currently 45 with 25 operating out of Stockholm and 20 out of Oslo. Our goal is to become the leading property advisory firm in the Nordic property market.
Pangea Property Partners offers a complete portfolio of services and competence within property transactions (purchase and sales advice for commercial property and property development) and corporate finance (IPO, mergers and acquisitions, financial reconstructions and equity capital markets)/debt capital markets). Our services cover the entire property sector including related sectors/sub-sectors like hotel- and development.
Over the last five years, the people behind Pangea Property Partners have advised on and executed more than 300 transactions within the Nordic region totaling a gross value of SEK 214 bn /NOK 184 bn. Further, the team has been involved in raising more than SEK 41 bn /NOK 35 bn in equity capital (for various types of clients including new ventures, established property companies and funds) – equity have been raised for both expansion and financial restructuring evidencing that the Pangea Property Partners team can deliver its clients services in different phases of the business cycle.
The team behind Pangea Property Partners have had the Nordic countries and the Baltic’s as main markets and have over just the last two years participated in the region’s three largest property transactions ever: Vasakronan (SEK 41 bn), Steen & Strøm (NOK 22 bn) and Kungsleden’s sale of Hemsö (SEK 16 bn).
The word “Pangea” is Ancient Greek for “all earth” and is the name of the supercontinent that existed during the Paleozoic and Mesozoic eras about 250 million years ago.
Company Presentation (PDF)
IPO of logistics property company Tribona on NASDAQ OMX Stockholm (mid cap).
Underlying property value: SEK 6.3bn
Divestment of 50 percent of the shares in public sector property company Hemsö. Buyer: Tredje AP-fonden. Underlying property value: SEK ~11bn
Structuring of financing arrangement through preferred equity. Underlying property value: Not disclosed