Property News · August 1, 2017

Norwegian property mogul eyes Copenhagen, as population growth pushes up prices


Copenhagen’s “comparatively low” real estate prices should continue to rise as the city’s population grows, Norwegian investor Ivar Tollefsen, who owns properties in the Danish capital worth US$1.55 billion.
Tollefsen, whose wider Scandinavian property portfolio is valued at US$7.4 billion, has been snapping up houses and flats in Copenhagen since 2014. He said higher yields from residential rentals than in neighbouring countries was drawing strong interest from…

Source : South China Morning Post
Read more…Norwegian property mogul eyes Copenhagen, as population growth pushes up prices

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