A clear U-curve was visible in the volume of property transactions last year. COVID-19 slowed down the spring and summer but trading was active in the first and final quarter. Last year, the total value of property transactions completed in Finland was EUR 6.0 billion.
Investors are particularly interested in defensive investments such as apartments and logistics properties, with user and investor demand increasing at the same rate due to and the strong growth of online shopping.
Another clear trend is retail and logistics premises becoming intertwined. Retail locations are no longer seen as just shops where people come to make purchases. Instead, they are increasingly becoming part of a logistics network serving online shopping and restaurant take-away pickups.
A new rising star is public properties – last year, its proportion of all property transactions climbed up to 24%. Long leases, the stability of the sector and the attractive yield levels, almost a percentage point higher compared to e.g. Sweden, have driven demand in the sector to record-high levels.
In our renewed Finnish Property Outlook we analyse Finnish property market by asset classes. In addition to the traditional asset classes: offices, logistics, retail and residential, we offer a wide information package on public properties.
Download the full report and utilise Newsec's accurate market data.