Pioneer Property Group ASA 9.5 % Pfd Registered Shs
OOSL:PPG106.00
NOK
0.00
(0.00%)
ISIN
NO0010735681
Return %
Stock
S&P 500
1Y
6.64
14.20
3Y
19.64
81.12
5Y
2.91
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Semi-annual Revenue
FRC
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- John Ivar Busklein
- Full Time Employees
- 4
- Sector
- Finance
- Industry
- Real estate development
- Address
- Oslo Norway
- IPO Date
- Jun 19, 2015
- Website
- pioneerproperty.no
- Similar Companies
- Business
- Pioneer Property Group ASA is a Norwegian real estate investment and asset management company that acquires, develops, owns, and leases social infrastructure, hospitality, and commercial properties across the Nordic region. Founded in 2015 and headquartered in Oslo, Norway, the company operates as a specialized real estate vehicle within the Hospitality Invest AS corporate group, with its 9.5 percent preference shares listed on Euronext Expand Oslo under the ticker symbol PPG. The company provides long-term real estate investment, portfolio management, property development, and leasing services across several core property categories: preschool and early childhood education infrastructure, including purpose-built kindergartens, daycare facilities, and educational centers; healthcare and social care properties, comprising elderly care homes, nursing residences, and specialized medical care units; hospitality and leisure real estate, encompassing full-service hotels, lodging venues, and tourism-related accommodations; and commercial properties, including office buildings, retail spaces, and mixed-use commercial developments. Pioneer Property Group ASA operates primarily through long-term, triple-net lease agreements featuring consumer price index inflation adjustments, leasing its assets to leading private and public operators such as Norlandia Health & Care Group and other Nordic healthcare, education, and hospitality operators. In recent developments, Pioneer Property Group ASA has expanded and optimized its property portfolio through strategic asset acquisitions in Norway and Sweden, resulting in sustained double-digit growth in contractual rental revenues driven by portfolio additions and inflation-linked rate adjustments. The group has strengthened its operational partnerships and long-term lease commitments with primary tenants, while implementing sustainability and energy-efficiency modernization programs across its real estate holdings. Furthermore, the company has actively managed its capital structure through selective debt refinancing programs and balance sheet optimization to ensure continuous liquidity and fulfill its 9.5 percent preference share distribution obligations, while strategically evaluating further social infrastructure expansion and portfolio reinvestment opportunities across Northern Europe.