Market Size of Commercial Real Estate Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | 7.41 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Scandinavia Commercial Real Estate Market Analysis
Scandinavian domestic economies continue to outperform the rest of Europe. Scandinavia’s strong macroeconomic environment and political stability provide safe investment opportunities for investors in the region. The uncertainty over Brexit is also one of the factors moving investors to these nations. There is an increase in the number of international investors putting capital into commercial real estate. Foreign net investments rose mainly in Sweden, while for Norway and Denmark, it decreased considerably in 2018.
Scandinavia has developed into an attractive market for German investors. A total of USD 1.37 billion flowed into the region during 2018. Sweden witnessed the greatest growth among other countries in Europe. In Sweden, investments into the logistics market is gaining momentum. For instance, Allianz Real Estate and CBRE Global Investment Partners jointly introduced a portfolio of eight logistics properties in Sweden and Denmark.
The outlook for Norway in the future remains positive, with a strong rental market. Norway’s low interest rate and a strong economy are favoring the commercial real estate market in the country.
Denmark is the country with the lowest borrowing costs because of its unique mortgage system. Copenhagen offers several new large urban development areas, mainly near the city. The country offers a high yield in various retail properties located in the capital. Overall, the Scandinavian market offers many opportunities for real estate investments supported by its stable economy.
