Commercial property 'to be strong in Nordic countries this year'

Nordic countries will benefit from some of the strongest performing commercial property markets in 2012, investors have been told.

According to real estate expert Knight Frank, markets in Sweden, Norway, Finland and Denmark are likely to perform well due to the strong economies in these countries.

Entrepreneurs with private wealth should consider investing in real estate investment trusts (REITs) focusing on these countries to benefit from this projected strong performance.

Looking at areas of opportunity in the commercial market, Darren Yates, partner at the company's commercial research team, said: "I think it is going to go largely on the strength of their wider economies, so the performers are probably going to be countries like the Nordics."

He also highlighted Poland, which offers higher yields and emerged from the global recession in a relatively strong position.

"It is getting wealthier and has a large number of big cities which can sustain new developments."

REITs allow investors to pool their funds together in order to make larger property investments, and also offers investors improved tax status.ADNFCR-2318-ID-801273366-ADNFCR