Investor interest high in Swedish forests [From the web]
STOCKHOLM, Sweden, Sept. 12, 2017 (Bloomberg) -Negative interest rates are making some Swedish forest owners very happy.
Prices for Swedish forests are heading for a record year as all-time low interest rates are driving investors to look returns for alternative assets and as owners use low borrowing costs to expand their holdings.
Prices rose to 419 kronor per cubic meter in the first half of 2017, from 398 kronor last year, according to data from the Federation of Swedish Farmers’ advisory business LRF Konsult. Prices are now on par with the record of 420 kronor set in 2010 and are likely to ...