Real estate in the Nordics and Baltics has been booming, with record volumes being achieved in Sweden, as well as in the Nordics as a whole. In the past five years, transaction volumes of over EUR 40 billion have been achieved every year in the Nordics, and the average total return for real estate across the regions has been above 10 per cent in each of these years. At the same time, macroeconomic indications are weakening, and appear to indicate that things will get worse before they get better. Should we be worried about the future of real estate?
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