Nordic advisory firm Pangea Property Partners has launched a dedicated Nordic hotels team to strengthen its position in the Nordic hotel property market.
'We are seeing growing interest in Nordic hotel properties, both from traditional hotel investors and investors that are new to the segment,' said Bård Bjølgerud, partner and CEO of Pangea Property Partners.
'We will now offer an even broader range of transaction services within the hotel segment, as well as operator selections and contract negotiations and advice on strategy and financing.'
The Pangea hotel team combines existing Pangea partners Bård Bjølgerud, Erik Høvik and Thomas Andersson with new hires Victoria Tichit and Tobias Årfelt. Tichit has previous experience as a hotel real estate consultant with JLL Hotels & Hospitality in Paris. Årfelt was previously with the hotel advisor Annordia, where he was responsible for many hotel projects from feasibility to delivery.
Pangea hotel also plans to release a monthly research publication giving an overview of the Nordic hotel market, including statistics on hotel supply, demand and occupancy, transactions, performance of listed hotel companies, hotel market news, project pipeline as well as figures for the capital cities, including airport statistics.