According to Savills Research, the transaction volume to date in 2010 for the Swedish investment market currently stands at approximately €1.4bn which is already in excess of +55% higher than that recorded for Q1 2009.

Savills expects this trend to continue throughout the year with increased investor appetite in particular emerging from Swedish institutions, national property funds, German property funds and national and international pension funds.

Peter Wiman, head of research in Sweden, comments: “The ability to secure debt has become easier in Sweden, which has been a driving force behind this significant increase in transactional volumes. Furthermore, the property allocation element of many pension funds is low due to the recovery of the stock market, which has therefore created an opportunity for these investors to increase their property portfolios.”