Folksam acquires SEK 565.5m office property from Zurich Insurance

Written by Adam Cadle

13/02/2023

Folksam has acquired property in central Stockholm from Zurich Insurance for SEK 565.5m as it continues its expansion in real estate.

The office property, based in Östermalm, brings Folksam’s total directly owned property value close to SEK 62bn.

Folksam’s property director Lars Johnsson said the group aims to further increase its property portfolio in the future.

“A well risk diversified investment portfolio ensures a stable return even in times of economic uncertainty, and real estate has over time had a very favourable risk-adjusted return.”

There are no related documents to show at this time.

Portfolio optimisation in today’s challenging market environment

Adam Cadle speaks to Dr Laura Ryan, Head of Research at Ardea Investment Management, about the firm’s insurance asset allocation optimisation tool and the reasons for developing it

The role ETFs can play in the ESG journey for insurers

Justin Wheeler, Head of UK iShares Asset Owner Distribution at BlackRock, and Mark Guirey, Head of EMEA Insurance Segment and UK Asset Owner Client Coverage at MSCI, discuss the drivers behind growth in this area, market reactions to COVID-19, and the role of indexing