Finland Investment Figures Q1 2026

Stockholm Office Market Dynamics, Q1 2026

Prime office rents in Stockholm's CBD reached SEK 9,800/sqm/year in Q1 2026, up 3.2% year-on-year, while the overall vacancy rate rose to 15.9% (up 1.5 percentage points), with peripheral areas such as Kista experiencing significantly higher vacancy at 35.9%. New office supply is constrained, with completions averaging around 80,000 sqm annually through 2028 and approximately two-thirds of upcoming deliveries already pre-let.

Luxembourg Office Market Dynamics, Q1 2026

Luxembourg's office market in Q1 2026 experienced a sharp 37% year-on-year drop in take-up to 24,779 square meters due to geopolitical tensions, with vacancy improving to 3.6% and prime CBD rents holding steady at €54/sq.m./month while citywide average rents reached €35.6/sq.m./month. Investment activity remained limited with only one major deal—the State's acquisition of Edison 2 for redevelopment into a European school—though the outlook indicates continued rental growth driven by inflation and construction cost pressures.

Zurich Office Market Dynamics, Q1 2026

The Zurich office market saw vacant office space decrease by 4,900 m² year-over-year with an unchanged availability rate of 5.3%, though District 11 experienced a notable increase to 11.9% availability after over 50,000 m² became available from new developments. Demand remained weak through most of 2025 before picking up near year-end, with tech companies including Meta, OpenAI, and Boston Dynamics taking space, while over 40,000 m² was withdrawn for conversion to other uses, and a reduced construction pipeline of approximately 71,000 m² planned for 2026–2028 is expected to tighten availability again.

Helsinki Retail MarketBeat Q1 2026

Cushman & Wakefield's Helsinki Retail Q1 2026 report analyzes the Finnish capital's retail market amid continued economic growth constrained by geopolitical uncertainty, with GDP growth forecast at 0.6% for 2026 and 1.4% for 2027. The report indicates prime retail rents at €102 per square meter, prime yields ranging from 5.4% for high street to 7.0% for retail warehouses, approximately 45,500 square meters of new retail space completed during 2024–2025 with 35,000 square meters under construction, and growing occupier activity driven by foreign brand interest and demand for big-box discount retail assets.

Finland Capital Markets MarketBeat Q1 2026

Finland's commercial property investment market recorded €2.28 billion in transaction volume during the first quarter of 2026, with residential properties accounting for 57 percent of sales and international investors representing approximately 40 percent of buyer activity. The Finnish economy showed quarter-to-quarter GDP growth of 0.47 percent with an unemployment rate of 9.86 percent in March 2026, while the office sector maintained a prime yield of 5.00 percent amid cautiously improving sentiment across property sectors despite geopolitical uncertainties.

Geneva Office Market Dynamics, Q1 2026

The JLL report covers Geneva's office market in Q1 2026, finding that available office space decreased and the vacancy rate fell to 5.8% (down 0.8 percentage points from Q4 2025), partly due to temporary asset withdrawals for renovation including BCGE's acquisition of the Atmosphère building removing approximately 12,000 square meters from the rental market. The analysis identifies intensifying market polarization, with prime buildings attracting the most demand while non-recently renovated assets experience persistent vacancies.

Helsinki Industrial MarketBeat Q1 2026

Cushman & Wakefield's Helsinki Industrial MarketBeat Q1 2026 report analyzes the Finnish economy and industrial property market, reporting a prime yield of 5.10% NIY and prime rent of €12.00 PSM/m, with GDP growth forecast at 0.6% for 2026 amid geopolitical uncertainties. The report notes that demand for light industrial and logistics spaces drove rents upward, approximately 455,000 square meters of new logistics premises were completed in 2024–2025 in the Helsinki Region, and demand from occupiers is expected to continue in primary logistics submarkets driven by e-commerce trends and a shortage of prime premises.

Luxembourg Office MarketBeat Q1 2026

Luxembourg's retail market closed 2025 with full-year take-up reaching 24,360 sq m across 57 transactions, an improvement on 2024 but below the 10-year average. Investment activity was highly concentrated with just two transactions totaling €188 million, both involving disposals by Nextensa. Prime rents held steady across all segments with yields stable at 4.50% for high street, 6.00% for out-of-town, and 6.25% for shopping centres, while GDP growth is projected to strengthen to 2.29% in 2026.

Helsinki Industrial Market Dynamics, Q1 2026

The JLL report analyzes Helsinki's industrial real estate market conditions in Q1 2026, finding that prime logistics rents remained stable at €9.50 per square meter per month while prime logistics yields compressed by 5 basis points to 5.20%, with transaction volume reaching €159 million in the quarter.

Austria Investment Figures Q1 2026

Finland Residential Figures Q1 2026

Helsinki Office MarketBeat Q1 2026

In Q1 2026, Helsinki's office market showed an overall vacancy rate of 18.1% across thirteen key areas in the metropolitan region, with CBD prime rent stable at €42.00 per square meter per month, while the Finnish economy continued modest growth at 0.47% quarter-to-quarter amid global uncertainties and geopolitical concerns. The market displayed polarization with strong demand for high-quality CBD and core assets while secondary locations and mediocre properties faced downward rental pressure and higher vacancies, with approximately 109,000 square meters under construction scheduled for completion between 2026 and 2028.

Finland Office Figures Q1 2026

Geneva Hotel Market Dynamics, Q4 2025

The Geneva hotel market achieved higher room occupancy rates and RevPAR in 2025, while average room rates and the total number of hotel rooms declined; various hotels undertook renovations and international chains pursued expansion plans. City tourism continued to drive growth in Swiss tourism at an above-average rate compared to Alpine regions, with BAK Economics forecasting this trend to persist in coming years.

Office Market Switzerland 2026 - Office market Geneva

The Geneva office market experienced increased vacancy in 2025, with the regional availability rate rising to 6.6% from 6.2% at end-2024, while CBD vacancies reached 53,300 m² driven by large tenant relocations and post-renovation space returns to market. Prime rents in select lettings reached CHF 1,030 per m² annually (+6% versus 2024), though overall rents remained stable across submarkets, and demand for new certified office space remained solid despite a reduction in planned office supply due to project revisions.

Finland Real Estate Market Outlook 2026

Catella Market Indicator Finland, Autumn 2025

During the first seven months of 2025, the Finnish real estate transaction volume reached EUR 2.5 billion, 75% higher than the previous year, with transaction numbers growing 40% and retail property sector volume tripling to EUR 620 million. Prime residential yield declined by 10 basis points to 4.3%, while office vacancy in the Helsinki metropolitan area reached a record-high 17.0% in the second quarter, with foreign investors accounting for 53% of total transaction volume.

Zurich Serviced Apartments Market Dynamics, 2025

Zurich's serviced apartments stock nearly doubled from 2,760 units in 2017 to 5,320 units in September 2025, with district 4 containing the highest concentration. Political initiatives in the city are seeking to restrict serviced apartment growth in residential zones and limit short-term residential lettings to no more than 90 days annually.

Zurich Hotel Market Dynamics, Q4 2025

Zurich's hotel sector experienced steady growth in occupancy rates, prices, and revenue per available room, with new hotel openings and renovations occurring in 2025. Swiss tourism growth is being driven primarily by above-average city tourism expansion, with BAK Economics projecting this trend to continue in coming years.

Stockholm Office MarketBeat Q4 2025

Cushman & Wakefield's Stockholm Office MarketBeat Q4 2025 report analyzes the Greater Stockholm office market, showing 74,000 sq m of completions in 2025 with no deliveries in H2, while overall vacancy reached 18.5% with decentralized areas at 23.0% and CBD at 7.5%. Prime rents in the CBD remained flat at SEK 9,800 per sq m quarter-over-quarter but grew approximately 2% year-over-year, while prime yields compressed to 3.85%, and 44,000 sq m of new space is forecast for H1 2026.

Denmark Office Figures Q4 2025 (Copenhagen office market)

Zurich High Street Retail Market Dynamics, Q4 2025

JLL's Q4 2025 analysis of Zurich's high street retail market reports that prime rents on Bahnhofstrasse increased 26% over five years to reach CHF 10,750 per square meter annually by end-2025, ranking third in Europe behind Paris and London, with vacancy rates held below 1% by strong brand demand. The report attributes continued retail sector strength to Zurich's top-ranking European purchasing power position.

Sweden Retail MarketBeat Q4 2025 (Stockholm prime)

Cushman & Wakefield's Sweden Retail Q4 2025 MarketBeat report covers economic indicators, occupier market conditions, and investment activity for Swedish retail real estate, documenting metrics including inflation at 2.3%, unemployment at 8.2%, and retail investment volume of SEK 15.3 billion for full-year 2025 (a 40% increase from 2024). Key findings indicate high street prime rents recorded growth in Q4 after remaining flat since March 2024, prime yields compressed to 3.95% for high street assets and 5.80% for retail parks, and retail sales rose 5.5% year-over-year driven by durables sales growth of 8.5%.

Colliers Real Estate Market Report 2025 (Austria/Vienna)

Living Market Report Austria 2025

Sweden Office Market Figures Q4 2025 (Stockholm CBD)

Norway Office Market Figures Q4 2025 (Oslo)

Finnish Residential Market Insights 2026, Vol. 1 - Investment activity strengthened in 2025

Warsaw Office Figures Q4 2025

Annual Review 2025: Finally, Recovery in Luxembourg's Office Market

JLL's 2025 annual review of Luxembourg's office market reports a 36% growth in take-up to 181,160 square meters, driven primarily by the financial sector, with rental vacancy declining to 3.9% and prime office yields compressing by 25 basis points to 4.50%. Investment activity across all asset classes rebounded 38% to €839 million, approaching the five-year average of €847 million, with offices representing 54% of transaction volume alongside significant increases in retail, logistics, and residential investments.

Industrial & Logistics Autumn 2025 (Belgium)

Office Market Report Austria 2025

Luxembourg Retail MarketBeat H2 2025

The Luxembourg Retail MarketBeat H2 2025 report covers the Luxembourg retail property sector's performance in 2025, providing economic context, occupier market trends, and investment activity analysis. Full-year 2025 retail take-up reached 24,360 square meters across 57 transactions with prime rents stable at €145/sq m/month for high street, €90 for shopping centres, and €25 for out-of-town locations, while investment volume totaled €188 million across 2 transactions with prime yields holding steady at 4.50% for high street, 6.00% for out-of-town, and 6.25% for shopping centres.

Insight Office Nordics Spring 2026 - Copenhagen office market

Nordic office investment reached €7.6 billion in 2025 with selective recovery and 23% of total Nordic transaction market share, while occupier demand concentrated in prime CBD locations and modern ESG-compliant buildings, leaving secondary stock dependent on incentives and repositioning. The report analyzes office markets across Stockholm, Gothenburg, Malmö/Lund, Helsinki, Oslo, and Copenhagen, finding that prime yields remained stable in core locations but secondary assets faced pressure, with overall vacancy rates elevated across the region and driven more by relocations and quality upgrades than net employment growth.

Denmark Logistics Figures Q3 2025 (Copenhagen industrial & logistics)

Denmark Multifamily Figures Q3 2025 (Copenhagen multifamily/living)

Brussels & Key Cities Q3 2025 Office Market Report

Denmark Investment Figures Q3 2025 (Copenhagen capital markets)

Warsaw Office Figures Q2 2025

Hotel Market Report Vienna 2025

Swedish Logistics Market Overview, Spring/Summer 2025

Sweden's logistics market is transitioning to a cautious phase after record development, with modern stock vacancy rising to 7.9% as of Q1 2025 primarily due to speculative completions in 2023–2024, while construction volumes are declining with completions expected to align with historical averages. Investor interest remains solid with SEK 10.6 billion invested by April 2025 representing 21% of transaction volume, domestic investors dominating at 78% share, prime yields stabilizing around 5.0%, and structural demand supported by NATO-driven defence expansion and e-commerce growth showing +5% turnover and +8.3% parcel volume increases in 2024.

Snapshot Hotel 2025 (Austria/Vienna)

Recovery confirmed in Luxembourg's office market (H1 2025)

JLL's H1 2025 analysis confirms recovery in Luxembourg's office market, with take-up reaching 102,970 m² (104% above H1 2024), vacancy rates stable at 4.2%, and investment volume of €274 million substantially exceeding H1 2024's €193 million. The recovery is driven by high-end Grade A projects and the private sector, with prime rents remaining stable at €54 per m² per month in the CBD while secondary districts experience growth.

Norway Office Market Figures Q1 2025 (Oslo)

Luxembourg Office MarketBeat Q1 2025

The Luxembourg office market recorded 45,000 sq m of take-up in Q1 2025, with approximately 75% of the 406,000 sq m pipeline under construction already pre-let, reflecting ongoing flight-to-quality demand for modern, ESG-compliant buildings despite a single large 16,000 sq m pre-letting transaction (Lime House by FM Global) driving much of the volume. The investment market experienced its weakest Q1 on record with only €31 million in completed transactions across two deals, while prime rents remained stable at €54/sq m/month and prime yields held steady at 5.00%, with near-term growth dependent on renewed corporate occupier confidence amid persistent geopolitical and macroeconomic uncertainties.

Sweden Logistics MarketBeat Q1 2025 (Greater Stockholm)

This Cushman & Wakefield MarketBeat report covers Sweden's logistics real estate market in Q1 2025, detailing supply completions of approximately 150,000 sq m (70% pre-let), rising vacancies to 9.0% nationwide with Stockholm reaching 14.0%, and prime rents increasing across major regions while yields remained stable at 5.00-5.50%. The report forecasts new completions for full-year 2025 at 0.4 million sq m (70% lower than 2024's 1.4 million sq m) and notes Swedish economic indicators including 2.4% GDP growth, 2.3% inflation, and a -0.2% construction cost index decline.

Brussels Office Market Dynamics Q1 2026

Transaction activity in Brussels's office market fell to historic lows in Q1 2026, with take-up of 40,496 sq.m. down 49% year-on-year—the weakest performance in 25 years—attributed to geopolitical tensions slowing decision-making, while city-wide vacancy remained stable at 7.7%, prime rents held at €400/sq.m./year in the European District, and Grade A space accounted for 43% of transactions. The investment market stalled with only €82 million in transaction volume nationwide, though the outlook suggests potential take-up recovery later in 2026 driven by EU deals despite the possibility of increased vacancy from speculative completions.

The Hague Office Market Dynamics, Q1 2026

Dublin Office Market Dynamics, Q1 2026

Dublin's office market recorded 377,000 square feet of take-up across 40 transactions in Q1 2026, representing 34% above the five-year Q1 average, with demand broadening across technology, financial services, insurance and professional services sectors. The total vacancy rate declined to 12.6% at end-Q1 2026 marking the fourth consecutive quarterly decline from a peak of 15.9% in Q1 2025, while the development pipeline fell to 1,490,000 square feet under construction, the lowest level since 2013–2014.

Dublin Capital Markets Market Dynamics, Q1 2026

Dublin's capital markets recorded €433.5 million in investment activity across 22 deals in Q1 2026, with geopolitical instability and volatile swap rates causing transaction delays, though deals that proceeded to signing faced no material concessions. International investors represented 73.4% of total volume at €318.4 million, and a single €212 million acquisition of Newmarket Yards by Singapore's sovereign wealth fund GIC accounted for nearly half of quarterly transacted volume.

Dublin Industrial Market Dynamics, Q1 2026

Dublin's industrial and logistics market recorded 524,083 sq ft of take-up across 25 transactions in Q1 2026, representing a 45% decline from Q4 2025, with prime rents for larger units ranging from €13.25 to €15.00 per sq ft and smaller well-located units achieving €18.00 to €20.00 per sq ft. The market maintains a constrained supply environment with an estimated vacancy rate of 3.5% to 4% and over 799,000 sq ft of reserved space from the prior quarter in advanced negotiation stages.

Marketbeat Portugal Industrial Q1 2026 (Greater Porto)

The Marketbeat Portugal Industrial Q1 2026 report for Greater Porto covers demand, vacancy, rents, and development trends in Portugal's industrial and logistics sector, reporting 13 new occupancy deals totaling 65,110 square meters (a 16% year-on-year decrease), vacancy in Greater Lisbon at 4.3%, and prime rents rising to €6.00 per square meter per month in the Port of Leixões–Airport area. The report notes Portugal's GDP growth of 2.3% in Q1 2026, a substantial pipeline of 762,600 square meters scheduled for completion over the next three years with 394,000 square meters already under construction, and sustained occupier demand despite supply constraints.

Rome Office Market Dynamics, Q1 2026

Rome's office leasing market recorded take-up of over 36,000 sq. m. in Q1 2026, representing 49% growth compared to Q1 2025, while prime rents remained stable at €610/sq. m./year. The investment market attracted €330 million in Q1 2026, comprising 48% of total office investment volume, with the prime CBD yield compressing 25 basis points to 4.5%.

Marketbeat Porto Office Q1 2026

The Greater Porto office market recorded 7,150 square meters of leasing activity across 17 deals in Q1 2026, representing a 67% year-on-year increase, with the TMT & Utilities sector driving 73% of demand and Zone 3 (ZEP) capturing over 60% of take-up. The overall vacancy rate tightened marginally to 8.7%, prime rents remained stable across submarkets ranging from €17.00 to €21.00 per square meter per month, and an estimated 116,800 square meters of new office supply is forecast over the next three years with approximately 91,500 square meters already under construction.

Porto Office Market Dynamics, Q1 2026

Porto's office market recorded 6,140 square meters of take-up in Q1 2026, representing a 43% year-on-year increase, though activity remained below the three-year quarterly average, with the largest transaction being a 2,230 square meter letting to an IT company. The underlying market condition is characterized by a shortage of modern, high-quality office space constraining occupier options, though several projects in development are expected to gradually ease this supply constraint.

Lisbon Office Market Dynamics, Q1 2026

Lisbon's office market in Q1 2026 recorded 28,910 square meters of take-up, representing an 80% year-on-year increase driven by ten deals exceeding 1,000 square meters. Prime CBD office rents reached €32.00 per square meter per month, reflecting continued flight-to-quality dynamics, while occupier confidence in best-in-class assets remained strong despite macroeconomic headwinds.

Milan Office Market Dynamics, Q1 2026

In Q1 2026, Milan's office leasing market recorded approximately 66,000 square meters of take-up plus 4,000 square meters in subleasing activity, with demand remaining robust and Grade A absorption accounting for 65% of total volume. Office investment in Milan totaled €260 million during the quarter, primarily driven by value-add repositioning strategies, while core assets in the CBD remained the primary focus for private investors, and Grade A vacancy held at approximately 3.6%.

ReView Office Markets Rome - Q1 2026

Rome's office occupier market showed positive momentum in Q1 2026, with take-up increasing 11% year-on-year to 34,600 square meters, though the number of deals fell 30% to 23 transactions, and Grade A space represented 57% of activity. Prime office rents stabilized at €600 per square meter in the CBD with a 4% year-on-year increase, while the overall vacancy rate stood at 7.6%, down 30 basis points annually, with particularly tight availability in prime locations and the CBD at just 1.1%.

Italy Capital Markets Market Dynamics, Q1 2026 (Milan office yields breakout)

In Q1 2026, Italy's real estate investment market totaled approximately €3.5 billion with international investors representing over 60% of volume, while retail and hospitality led by asset destination and private wealth investors concentrated over €400 million in the office sector. Prime office yields remained stable in Milan at 4.0% and compressed in Rome to 4.5%, with other assets ranging from 4.5% for multifamily to 7.0% for retail parks.