Regional Investment Information

The Nordic region provides open real estate markets with stable political situations, mature legal frameworks, excellent business information and experienced and skilled consultants.

The Directors believe that the retail investment markets of Sweden, Norway and Finland offer attractive investment opportunities for the Company. These strong retail markets are driven by healthy economic growth which produces strong consumer spend, good tenant demand and low void rates.

Over recent years, the Nordic countries have provided robust returns for retail property investors with total returns in 2007 at 18.7 per cent per annum compared to -6.1 per cent per annum for retail property in the UK. The Nordic retail property market is large and liquid: it attracts many investors both domestic and international.