PropertyEU

IPD: Nordic property market in 2008 a story of two halves

By A staff reporter 2009-04-16T00:00:00

Capital depreciation in Nordic real estate markets led to annual capital growth of -5.4% in 2008, according to the IPD Nordic Annual Property Index. Based on local currencies, the capital return over last year was the lowest annual figure in the index's nine-year history. In 2007, capital growth totalled 8.0%.

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