Stockholm is hot property
James Savage - [email protected]
Published: 20 Feb, 2007 CET.
Updated: Tue 20 Feb 2007 10:36 CET
Stockholm has Europe's third best property investment market, according to a new survey. The Swedish capital was beaten only by Paris and London, according to PricewaterhouseCoopers and the Urban Land Institute.
The survey measured the commercial property market in 27 cities across Europe, and showed that Stockholm was among the most profitable on the continent. The city's prospects are continuing to strengthen, the report's authors say.
Property investors in Stockholm have the most to gain by putting their money in retail centres, according to Dagens Nyheter. The hotel market and offices are also sought-after, according to the survey.
The success of Sweden's property market is linked to the overall success of the economy. Sweden's transparency is also a plus when carrying out business here, PWC's Henrik Steinbrecher said.
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The survey measured the commercial property market in 27 cities across Europe, and showed that Stockholm was among the most profitable on the continent. The city's prospects are continuing to strengthen, the report's authors say.
Property investors in Stockholm have the most to gain by putting their money in retail centres, according to Dagens Nyheter. The hotel market and offices are also sought-after, according to the survey.
The success of Sweden's property market is linked to the overall success of the economy. Sweden's transparency is also a plus when carrying out business here, PWC's Henrik Steinbrecher said.
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