Abstract

The Finnish commercial property market has internationalized rapidly, with nearly80 foreign property investors participating in the market today. This paper exploresthrough interviews of domestic investors how the entry of international propertyinvestors has affected the Finnish commercial property market. The results indicatethat the internationalization has had a profound effect on the dynamics of the Finnishmarket in terms of investor strategies and ways of action, market liquidity, and size,as well as market transparency and the availability of real estate-related services.These changes have together contributed to the maturity and attractiveness of theFinnish commercial property market.

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