Via The Swedish Wire:
Bloomberg said fund manager Standard Life Investments plans to buy commercial real estate in Stockholm after calling the Swedish capital one of Europe’s most attractive markets.
Standard Life Investments, the manager of 205 billion euros of assets, may spend at least 100 million euros to double its holdings in Sweden, Mark Meiklejon, a real estate investment director, told the newswire.
“For international companies wanting to locate to the Scandinavian region, Stockholm is probably the top pick”, he said.
“It’s a very transparent market; it’s liquid and pretty large; there is fiscal independence and a strong banking system”.