Colliers merges Nordic operations with Pangea Property Partners ipe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipe.com Daily Mail and Mail on Sunday newspapers.
Acquisition adds dominant player in Sweden and NorwayTORONTO, Sept. 06, 2022 (GLOBE NEWSWIRE) Leading diversified professional services and investment management company, Colliers (NASDAQ and TSX: CIGI)
The Nordic property markets set a new groundbreaking record with a transaction volume of more than EUR 71 billion in 2021, which is 65% higher than last year.
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 (46) will lead the company.
- Pangea Project Finance becomes a sister company of Pangea Property Partners. Pangea is one of the largest real estate advisers in the Nordic region, and we are in an extraordinary position to become a more fully integrated real estate house. For several years, our customers have been asking us to provide this kind of service, says Bård Bjølgerud, CEO and Partner at Pangea Property Partners.