Foreign capital has pushed transaction levels in the commercial real estate market to record levels, according to statistics from the real estate service Datscha.
“The Swedish krona gives a push,” says Kristina Andersson, global head of analysis at Datscha.
During the first nine months of the year, properties were sold for SEK 156 billion, according to statistics from Datscha. This is an increase of more than a quarter compared to the same period last year and more than the record year 2016 when the volume ended at SEK 219 billion for the full year.
“So far, we have not been able to see any signs of the slowdown in the real estate market that many fear. One likely reason is that the low interest rate situation controls investments in regions with economic growth, which benefits Stockholm, ”says Kristina Andersson.
Source: Dagens Industri