Optimism returning but challenges still remaining

At the end of February, Tell Media Group, in cooperation with JPMorgan Asset Management and Principal Asset Management, sat down with Finnish institutional investors to discuss opportunities and challenges in real estate.

With the real estate market having gone through some difficult times, the discussion kicked off with the investors sharing their general sentiment towards the asset class.

EVA LEMPINEN: “I think it’s best described as cautiously optimistic. But it of course depends on which country and which sector you’re talking about. The market is very polarised, but the general sentiment is that things are getting better. There’s light at the end of the tunnel.” MARKUS NORDBERG: “I would agree with that – especially regarding the polarization and I think as real estate investors, we need to identify and understand that polarisation. The European and US markets currently differ sector-by-sector and we’ve also seen a different pace with regard to rate cuts. So different markets and different sectors
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