According to the statistics of KTI, transaction volume in the Finnish property market reached new annual record level of EUR 7.2 billion in 2016. The volume exceeded the former record level of EUR 6.3 billion, recorded in 2007, by 14%, and compared to 2015 figures, the volume increased by 30%. The quarterly volumes amounted to EUR 1.5 – 2.2 billion, and the largest transaction of the year was Sponda’s acquisition of the Forum block, comprising six properties in Helsinki CBD, for EUR 576 million.
Residential portfolios were the most traded property type in 2016, accounting for 38% of the total volume (over EUR 2.7 billion). Retail and office properties accounted for 23% and 22% of the total volume, respectively. In the retail and office sectors the volumes remained clearly below the record levels of 2007. Foreign investors accounted for 28% of the total volume (EUR 2.0 billion).
More detailed information and analysis on property transactions in Finland can be found in the KTI Transactions information service. For more information, please contact: Mikko Soutamo (mikko.soutamo(a)kti.fi, +358 50 548 0480) or Kauri Melakari (kauri.melakari(a)kti.fi, +358 50 338 5068). See the list of the largest recently published transactions in the Finnish property market: Major transactions listing.