8 September 2026, Finland | Corporate Finance, Investment Management | News
The transaction volume amounted to €3.4 billion in H1/2026, over 100% more than the same period a year earlier. The number of transactions also grew by more than 40%, which also explains the substantial increase in volume in addition to larger transactions.
Residential portfolios were the most active sector, accounting for nearly half of the total transaction volume. The volume was boosted by three major transactions: Varma's residential portfolio sale to Lumo, Ilmarinen's residential portfolio sale to Storebrand, and the sale of the OP Rental Housing portfolio to Sato. Demand for industrial and logistics properties also remained strong, with transaction volume in the sector rising to nearly €900 million. Trading activity in retail properties continued at a robust pace, similar to that seen in 2025, while transaction volumes in the office sector remained modest. Interest from international investors in Finland stayed strong, with foreign capital accounting for approximately 54% of the transaction volume in H1/2026.
Despite the stability seen at the beginning of the year, interest rates turned upward due to the Strait of Hormuz situation, increasing cautions among real estate investors, pushing yield requirements higher, and making transactions more challenging. Positive news came from the Finnish economy as GDP growth is expected to continue in the coming years, driven primarily by export growth and consumer demand. This positive development is also expected to support occupancy rates and rental growth in the property market.
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Petteri Kokko
Managing Director
mob. +35840 8222 580
petteri.kokko@catella.com