Le mie ricette per la real estate communityAccording to the KTI statistics, the transaction volume in the Finnish property market amounted to €2.6 billion in 2023, which was the lowest volume since 2013. Both in 2021 and 2022, the annual volume exceeded €7 billion. The average size of the transactions was clearly lower compared to previous years, and the number of transactions decreased markedly. In the last quarter of the year, the volume amounted to €820 million, which was 38% lower than in the corresponding period in 2022 (€1.3 bn in Q4/2022). Residential properties were the most traded property sector for the third consecutive year, accounting for 27% (€710 million) of the total volume in 2023. Both industrial and public use properties accounted for 22% of the total volume. Office and retail property transaction volumes remained low, and they accounted for 17% and 10% of the total volume, respectively. Foreign investors accounted for well over half of the total volume. Of the domestic property investor groups, property funds were the most active buyers, while the transaction activity of other domestic investor groups remained low. KTI press release |
| According to the Helsinki Research Forum, the office vacancy rate in the Helsinki metropolitan area key office submarkets increased to 14.6% in Q4/2023, which was 0.2 percentage points higher than in Q3/2023. In total, there were some 623,000 sqm of vacant office space in the investigated 13 office submarkets in December. During the fourth quarter, vacancy rate increased the most in Otaniemi, Pasila and Ruoholahti areas. Compared to December 2022, the vacancy rate increased by 2.0 percentage points in the key submarkets in total. During the past 12 months, the vacancy rate increased the most in the Leppävaara area, and decreased the most in the Otaniemi area. In the Helsinki CBD area, the vacancy rate increased from 10.3% to 13.8% during 2023. Source : KTI |
- giovedì, Maggio 9, 2024