History

1990

The two brothers, Kristian and Roger Adolfsen, acquire their first hotel (Hotel Andrikken, Andøya).

1995

The two brothers formally establish Norlandia Hotels & Resorts.

1997

On the back of the successful establishment of Norlandia Hotels & Resorts, Norlandia Care AS was established following a spin off from Norlandia Hotels & Resorts.

2008

Kristian and Roger Adolfsen enters the preschool market.

2011

PPP I was established in 2011 consisting of 19 preschool properties Norlandia Care merges with preschool-company ACEA and forms Norlandia Care Group.

2012

PPP II was established in 2012 consisting of 23 preschool properties.

2014

PPP III was established in 2014 consisting of 45 preschool properties rented to Espira.

2015

PPP IV is established in 2015 consisting of 26 preschool properties. PPG Acquires PPP I – IV.

2016

PPP V is established. 21 properties acquired, including the entry into the Swedish and Finish markets.

2019

PPG sells Pioneer Public Properties AS and Pioneer Management AS to Odin Bidco AS, owned by a consortium of Australian Pension funds managed by Whitehelm Capital.

PPG acquires a portfolio of 12 properties in the Netherlands, Sweden and Poland

2020

PPG sells the international portfolio to a subsidiary of Odin Bidco AS

PPG establish the following sub-groups:

  1. Pioneer Retail Properties AS
  2. Pioneer Property Development AS
  3. Pioneer Hotel Properties AS

2021

PPG acquires a hotel portfolio from Hospitality Invest AS and completes the transaction of additional to other hotels through the subsidiary Up North Property.