Alecta Losses Mount On Real Estate Investment

Posted on 02/28/2024

In addition to the Silicon Valley Bank disaster, Sweden’s Alecta made an unsuccessful attempt to profit from real estate. Unfortunately, Sweden’s real estate market has been suffering since the Riksbank tightened monetary policy. Sweden lost international confidence in the market as the government rushed to assure investors fruitlessly. Even famed Swedish real estate investor Ilija…

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