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Real estate could spark crisis in Swedish high-yield market

A debt crisis is in danger of developing in the Swedish real estate market, Norwegian investors predict.
From left: Robert Nystad, head of research at UNION, Pål Ringholm, CIO of PKH, Tom Hestnes, CEO of Norselab, and Per-Håvard Martinsen of Pareto Securities, at Norwegian UNION's recent investor seminar. | Photo: Øystein Byberg
From left: Robert Nystad, head of research at UNION, Pål Ringholm, CIO of PKH, Tom Hestnes, CEO of Norselab, and Per-Håvard Martinsen of Pareto Securities, at Norwegian UNION's recent investor seminar. | Photo: Øystein Byberg
by kristin vidhammer, translated by katrine gøthler

”May God be with Sweden,” says Pål Ringholm, CIO of the Norwegian pension fund Pensjonskassen for helseforetakene (PKH).

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