Survey by Pangea cites increased interest in global markets and allocation levels. : Nordic institutional investors have become net sellers in their domestic property markets, according to Pangea Property Partners. Increased appetite for international real estate, development projects, new capital requirements and overly high real estate allocations have all contributed to the shift from being net buyers, the Nordic advisory firm has concluded. “It’s a new trend that we are seeing right now,” said Mikael Söderlundh, head of research and partner at Pangea Property Partners.