IPD has taken over all index and benchmarking operations in Sweden from its partner SFI (Swedish property index economic association).
This gives IPD the opportunity to develop further its benchmarking and portfolio analysis services for property investors in Sweden. IPD has published indices for the Swedish property market for 15 years, which has contributed to the transparency of the Swedish property market.
Laurent Ternisien, Group Managing Director of IPD says: "We will continue operations in Sweden with Christina Gustafsson as managing director. As a result of these changes, we look forward to closer customer relationships and the opportunity to develop IPD services, as we have done in other markets. We will, among other things, launch a new service including rental information to help the industry understand risk as well as performance."
Claes Kjellander, Chairman of SFI says: "After 15 years of close cooperation we feel great confidence that IPD will develop the business going forward. It's important for the entire property industry that the IPD Sweden Annual Property Index and IPD Sweden Residential Annual Index are developed with high quality and improved coverage.
"We wish IPD all the best as they continue to produce indices in Sweden and provide analytical services to the market."