Mikael Hjorth, Partner at CapMan Real Estate and Fund Director of the CapMan Residential Fund, discusses the fundamentals of the housing markets in the Nordic capitals in an article published in the December 2024 edition of IPE magazine.
Some of the key points include:
- The four Nordic capitals are some of the fastest growing cities in Europe
- While population keeps growing, residential construction has fallen substantially below the level required to meet future demand
- The increasing supply-demand imbalance is placing significant upward pressure on housing prices and rents
- Given the improved interest rate outlook and structural tailwinds supporting the sector, the recent yield correction of up to 150 bps appears overstated
Read more about the topic from the link below:
