JLL Nordic Outlook
spring 2020
Despite a global slowdown in economic growth and persistent political uncertainty, the Nordic real estate markets continue to benefit from a continued strong business cycle and low interest rates.
The office leasing market in the Nordic capitals keeps performing well, with high demand of modern products in attractive locations and a continued prime rental growth. On the Nordic investment side, transaction activity is still solid, with a new record year for Sweden. Interest in property investment continues to be high from foreign players, showing that the Nordic property market is still very liquid and attractive. Structural changes due to, among other things, digitalisation and increased e-commerce are increasingly affecting both demand and supply in the retail and logistics segment.