According to the statistics of KTI, transaction volume in the Finnish property market reached EUR 6.3 bn in 2019. The volume decreased by 34% from the previous year.
However, the number of transactions remained high, since KTI recorded almost 300 transactions that exceeded one million euro in 2019 (approx. 350 in 2018 and approx. 300 also in 2017). The decrease in volumes was mostly caused by the lack of exceptionally large transactions, that were recorded in the two previous years. The volume of the last quarter of 2019 amounted to EUR 1.5 bn, which was as much as 60% lower than exceptionally high volume in Q4/2018.
Office properties were the most traded property type for the third consecutive year in 2019, accounting for 37% of the total volume (EUR 2.3 billion). Residential portfolios accounted for 25% of the total volume, followed by retail (17%) and care properties (10%). The share of foreign investors decreased from the past two years, and amounted to 45% of the total volume in 2019 (65% in 2018). Of the domestic property investor groups, the property funds were the most active buyers, accounting for 29% of the total volume.
Source : KTI