Nordic property investors expected to cash in after price surge

STOCKHOLM: Property owners are likely to start cashing in to a greater extent this year after an eight-year rally in prices across the Nordic real estate markets, according to Pangea Property Partners.

Potential sellers include funds, companies that want to streamline their portfolios and private investors who see good exit opportunities, Pangea said in its Real Estate Outlook 2017 report. There’s also increasing focus on selling for municipalities, owner-occupiers and developers while several international investors “will probably also realize their profits in the Nordic markets in 2017,” Pangea said.