Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

Finland MarketBeat

Ville Suominen • 5/15/2023
The H1 2023 is expected to be sluggish in terms of economic growth and positive movement is forecasted only in the second half. Finland’s economy is expected to grow by 0.2% in 2023. Increased energy prices, high inflation, and the risk of recession have impacted the consumer confidence in Finland. 

Demand continued to be stable for prime offices and premises with strong amenities that bring additional value to employees. Some companies are growing and expanding; however, the most common inquiry is from a company that is downsizing in square meters but are willing to pay higher rent/sq.m for premises that bring additional value for the tenant. The vacancy in the HMA increased by 0.1 percentage points compared to the previous quarter. 

In the retail sector, the activity remains good in the food and beverage (F&B) sector, however more cautiousness has been evident compared to 2022. As international tourism and office visit frequency are still behind pre-COVID numbers, the high street demand remains low, and the pressure for rent levels, especially in large units occupied by e.g., fashion retailers, has pushed prime rents further down in Q1 2023. 

Solid demand for industrial premises has continued in Q1 2023. Due to the strong demand, occupancies are high and an increase in rental levels has been noted in light industrial, warehouse, and logistics premises across multiple submarkets. Occupier demand is expected to further improve in selected logistics segments and areas going forward as the e-commerce trend continues. 

Current MarketBeats

Europa office building, Brussels
Finland Office data

Office Marketbeat is a summary of the Finland office property sector providing comment on recent trends as well as market data and analysis.

DOWNLOAD

Nice, France
Finland Retail data

Retail Marketbeat is a summary of the Finland retail property sector providing comment on recent trends as well as market data and analysis.

DOWNLOAD

loading bay, Vienna, Austria
Finland Industrial data

Industrial Marketbeat is a summary of the Finland industrial property sector providing comment on recent trends as well as market data and analysis.

DOWNLOAD

2020-EMEA-investment-marketbeat-generic-card-750x456
Finland Investment data

Investment Marketbeat is a summary of the Finland investment sector providing comment on recent trends as well as market data and analysis.

DOWNLOAD

More Insights

People Walking (image)
Research • Legal

Bright Insight

Cushman & Wakefield’s Legal Sector Advisory Group has published its proprietary 2023 National Legal Sector Benchmark Survey – Bright Insight.
David Smith • 6/6/2023
outdoor dining tables
Podcast • Workplace

Podcast: Reworking the Workplace

In this episode, Michael Creamer is joined by Nicola Gillen, Richard Pickering, Sophie Schuller and Zoe Humphries, lead authors of our new book ‘Reworking the Workplace’ published by Royal Institute of British Architects (RIBA).
Michael Creamer • 6/6/2023
Cumberland Growth
Article • Office

Cumberland Growth in Full Swing

Cumberland has solidified itself as a coveted enclave for corporate expansion. An impressive 19.7% of all new leasing activity in Metro Atlanta last year occurred in Cumberland.
Alex Kaplan • 6/6/2023

BESOIN D'AIDE ?

Prenez contact avec l'un de nos conseillers.

Cushman & Wakefield utilise des cookies pour analyser le trafic et offrir sur ce site internet une meilleure expérience à nos clients. Fermez ce dialogue pour confirmer votre accord ou rendez-vous sur cette page pour en savoir plus:
Cookie Notice

MORE OPTIONS
Acceptez et fermez
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS