Danish central bank warns of Swedish real estate spillover risk

Turmoil in the Swedish commercial real estate market could spill over into neighboring Denmark as heavily indebted landlords divest holdings, the central bank in Copenhagen said.

Morten Hedegaard Rasmussen, head of policy and regulation at the Danish central bank, at this weeks news conference. | Photo: Mads Claus Rasmussen/Ritzau Scanpix

By Sanne Wass / Bloomberg

The largest Swedish firms have properties in Denmark worth DKK 99bn (USD 14.5bn) and debt to Danish credit institutions of about DKK 43bn, Nationalbanken said in a financial stability report on Tuesday.

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Finnish asset manager inks large deal with Danish real estate investor

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Further reading

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Invesco seeing increased demand for Fixed income ETFs from Nordic investors

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Storeband increases stake in Danish infrastructure manager to become majority owner

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