‘Massive Amounts of Money’ Headed for Nordic Real Estate

Pedestrians look at property listed in a real estate agent's window in the Eriksberg district of Gothenburg.
Photographer: Fredrik Lerneryd/Bloomberg

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By Frances Schwartzkopff and Hanna Hoikkala

January 20, 2020 at 9:00 PM UTC

Updated on

January 21, 2020 at 1:41 PM UTC

This article is for subscribers only.

The Nordic real estate market attracted more investor cash than ever before last year, and it’s now getting even hotter.

Linus Ericsson, chief executive of the Swedish unit of Fortune 500 real estate adviser Jones Lang LaSalle Inc., says much of the demand comes from outside the region, where buyers are looking for scale.