‘Massive amounts of money’ headed for Nordic real estate

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

Photo: MT Højgaard PR

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.

“They have massive amounts of money, and the bigger the better,” he said in a phone interview.

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