Effects of International Investments on the Finnish Commercial Real Estate Market

Heidi Falkenbach and Saija Toivonen

Journal of Real Estate Literature, 2010, vol. 18, issue 2, 313-328

Abstract: The Finnish commercial property market has internationalized rapidly, with nearly 80 foreign property investors participating in the market today. This paper explores through interviews of domestic investors how the entry of international property investors has affected the Finnish commercial property market. The results indicate that the internationalization has had a profound effect on the dynamics of the Finnish market in terms of investor strategies and ways of action, market liquidity, and size, as well as market transparency and the availability of real estate-related services. These changes have together contributed to the maturity and attractiveness of the Finnish commercial property market.

Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:taf:rjelxx:v:18:y:2010:i:2:p:313-328

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DOI: 10.1080/10835547.2010.12090277

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