mast image

Impact Investing

IPE special report May 2018


Norwegian, Danish property growth slips – IPD

Related Categories

NORWAY/DENMARK – The growth of the Norwegian and Danish property markets in 2002 was lower than in 2001, according to property data firm IPD.

Norway saw a return across all property of 6.8%, down from 11.1% in 2001 and 12.7% in 2000. Denmark posted a 9.3% return, down from 2001’s 11.7% and 2000’s 10%.

“Last year saw a significant weakening in the performance of the Norwegian property market,” IPD said. “The decline in all property performance was mainly due to a fall in rental values in the Oslo office market.”. Last year Norwegian bonds returned 7.9%, while equities returned –31.1%.

Norwegian retail property returned 12.0%, office 4.9% and residential 14.6%.

“Property was the top performing asset in Denmark during 2002,” IPD added. Equities fell 25.7% while property share returns were –37.6%.

Danish residential property returned 13.4%, while retail returned 10.2%. Office and other commercial were at 7.7% and 10.4% respectively.

Have your say

You must sign in to make a comment


Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2435

    Asset class: CLOs.
    Asset region: Global.
    Size: USD 50m.
    Closing date: 2018-05-22.

  • QN-2436

    Asset class: Real Estate - Core Open-ended Real Estate Equity Fund (non-listed).
    Asset region: Asia Pacific.
    Size: Approx. CHF 70-100m per investment.
    Closing date: 2018-05-25.

  • QN-2438

    Asset class: High Yield Bonds.
    Asset region: US.
    Size: USD 300 million.
    Closing date: 2018-05-25.

  • RE-2441

    Closing date: 2018-05-31.

Begin Your Search Here