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Nordic property market is "hotter than ever"

The number of real estate transactions in the Nordic region is likely to jump more than 10 percent this year to a record USD 60bn. That's roughly on par with the UK market, which has a population twice the size of the Nordic region.

In Sweden, SEK 46bn (EUR 4.52bn) in property deals were struck in the three months through March, marking the strongest first quarter ever.

The Nordic property market is hotter than ever, as a growing number of international investors compete to get a foothold before it's too late.

Newsec, a Nordic property adviser and asset manager that looks after more than USD 80bn (EUR 67.3bn) in client funds, says the number of real estate transactions in Europe's rich north is likely to jump more than 10 percent this year to a record USD 60bn. That's roughly on par with the UK market, which has a population twice the size of the Nordic region.

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