Nordic commercial property an attractive prospect | 16 August 2012
Investors looking for a strong return could do well by investing in Nordic commercial property, reports hifx.co.uk.
According to property economist Ed Stansfield, there has not been a large number of falls in terms of rental values outside of the smaller markets and ‘peripheral economies across the eurozone’ in recent months, meaning Nordic states could be well placed alongside generally strong markets like Germany.
He did note, however, that is too early to state with confidence, but the Nordic states appear to be doing well. He believes many attractive options in commercial property remain, especially as rental yields have so far ‘maintained a predominantly strong outlook’.
“There are areas where the market is going to perform better than others and that will generally be the larger, more liquid markets – for property at least,” he said.
“That would tend to suggest some of the Nordic markets, Switzerland and the UK, but I suspect that people will still maintain an interest in Germany because of its strong underlying economic fundamentals.”
Stansfield’s comments follow a report cited by kleinwortbenson.com which suggests that Nordic countries will benefit from some of th strongest performing commercial property markets in 2012. Strong economies in Sweden, Norway, Finland and Denmark are likely to be the key, according to the report.
Written by Ashley Curtis on behalf of Qube Global Software
While posted by Qube Global Software all views expressed are not necessarily those of the company. All facts are verified where possible directly by the author.
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