History will record 2020 as a year of convulsive change. Governments and populations across the globe struggled to control the spread of COVID-19 while also trying to manage the knock-on effects of a broad range of pandemic control measures. Hardly any area of economic or social activity has been unaffected.
What of commercial real estate?
As expected many of the conventional measures of market activity, such as investment turnover and leasing demand, weakened sharply in 2020. But in many parts of the market values have remained surprisingly resilient, supported in part by the massive scale of government and central bank interventions. And of course impacts and prospects are not evenly distributed across all parts of the market, which makes it all the more important to assess the underlying fundamentals and to formulate informed strategies.
For further details on which sectors are thriving and which are facing substantial challenges in each of the Nordic countries, download the full reports below.
Download the Danish Market Outlook report here:
Download the Finnish Market Outlook report here:
Contact person: Jussi Niemistö, Head of Research, Finland.
Download the Norwegian Market Outlook report here:
Contact person: Einar Melberg, Senior Analyst, Norway.
Download the Swedish Market Outlook report here:
Contact person: Amanda Welander Head of Research Nordics & Sweden.
The Nordic Research team
The Nordic Research team’s research data and hands-on expertise in the Nordic market offers the latest insight and a global perspective into how Nordic cities are changing, now and in the future.
Please contact the Nordics Research Team if you have questions or would like to book a meeting. They can also direct you to CBRE's advisor for respective sector.