Stockholm’s GDP growth for the analysed time period, 2010-2030, is expected to reach 60 percent, which leaves them in twelfth place. Here Oslo ranks slightly higher, in tenth place, with a growth of 70 percent. Cities like Istanbul, Izmir, Ankara, Bukarest and Sofia will have the fastest growth during this period, according to this report.
In regards to the productivity, GDP per capita, all Nordic capitals place high on the list - Oslo in third place, Stockholm fifth, Copenhagen eighth and Helsinki twelfth.
Johan Åström, Head of Investment, Sweden, TH Real Estate, says:
“We follow the global mega trends carefully and here the urbanisation is one of the strongest trends which reflects our interest in growing cities with the right conditions to attract people to live and work. Stockholm is one of the primary examples of an European city with a long term strong trend.”
Alice Breheny, Global Co-Head of Research at TH Real Estate comments:
“A metropolitan based property strategy, supported by long term structural trends that catch the right balance between risk and diversity, while advantages are drawn from short term opportunities in price levels, gives a higher yield, lower volatility and modest risks for long term investors.”
Stockholm at European Top for Future Real Estate Investments
Sweden —
Stockholm has a frontline when TIAA Henderson Real Estate (TH Real Estate) in a new review examine the future’s most attractive cities for real estate investments. Sweden’s capital ranks seventh among cities with the highest expected Gross Domestic Product in 2030, which is one of the examined parameters. London tops the ranking, while Oslo ends up in thirteenth place.
2015-03-20
Eddie Ekberg
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