16 January 2026
Property transaction market clearly picked up in Finland in 2025. According to the KTI statistics, property transaction volume reached almost €4.4 billion in 2025. The volume almost doubled from the exceptionally low level of less than €2.3 billion in the previous year.
Transaction activity accelerated towards the end of the year. Due to several portfolio transactions, the transaction volume in Q4/2025 amounted to €1.9 billion, which was the highest quarterly volume since April-June 2022. The growth in transaction volume was partly influenced by different kinds of portfolio arrangements and the financial challenges of some sellers.
Domestic investors net sellers, investors from other Nordic countries active
Transaction activity was boosted in particular by the growth in foreign investment demand. The share of foreign investors of the total volume increased to 60 per cent. In total, foreign investors acquired properties in Finland for some €2.6 billion in 2025, compared to some €1.0 billion in 2024. About two-thirds of the purchases by foreign investors were made by investors from other Nordic countries, mainly Swedish and Norwegian.
The total sales of domestic professional real estate investors exceeded their acquisitions in 2025. On the buyer side, the largest domestic group were property investment companies, with a 14 per cent share of the total volume.
Public use properties rose to the top of the statistics, retail property transaction volume picked up
For the first time, public use properties became the most traded property sector, accounting for 30 per cent of the total volume in 2025. The sector’s annual volume of €1.3 billion comprised several portfolio transactions, for example, of various nursing home and daycare properties, as well as a few large individual property transactions. The largest transaction of the year took place at the very end of the year, when the Norwegian Public Property Invest bought the property portfolio of the Swedish SBB. The value of Finnish properties accounted for over €500 million in the transaction.
Residential properties were the second most traded property sector, accounting for 22 per cent of the total volume. The largest residential property portfolio transactions of the year were announced in the summer. Firstly, Kojamo sold almost 2,000 rental apartments to funds managed by the American-based Apollo and Avant Capital Partners, and secondly, OP-Rental Yield special investment fund sold approximately 1,000 rental apartments to SATO. Retail property transaction market had a couple of relatively quiet years, but in 2025, sector’s transaction volume more than doubled to almost €800 million. The volume comprised mostly various supermarket, hypermarket and big box property transactions.
The transaction volume of office properties almost tripled compared to the previous year but remained still quite low. Industrial properties had topped the sector statistics in 2024, but in 2025 industrial were the only sector in which the transaction volume decreased compared to the previous year. Office and industrial properties accounted for 11 and 13 per cent of the total volume, respectively. Unlike many previous years, a few significant hotel property transactions were also made during 2025. Some hotel property transactions were influenced by the seller’s difficult situation.
More detailed information and analysis on property transactions in Finland can be found in the KTI Transactions information service. For more information, contact: Mikko Soutamo (+358 50 548 0480, mikko.soutamo(a)kti.fi,) or Olli-Pekka Virkola (+358 50 330 5287, olli-pekka.virkola(a)kti.fi).
