Figures Finland Office Q1 2025

The office investment started the year slowly, with a low transaction volume. All transactions took place in the Helsinki Metropolitan Area (HMA), and the purchasers were domestic investors. The most notable transaction of the quarter was A. Ahlström Kiinteistöt purchasing office premises in a new property complex development in Pasila from Avain Yhtiöt. 

Pricing in the office market remained stable in the first quarter, with the prime yield at 5.50% and the prime yield outside the CBD at 6.25%. The office market has experienced a repricing of 250 basis points since the lows of early 2022.

According to the Nordic Investor Intention Survey, office investors prefer core plus and value-add strategies. Additionally, 83% of the office investors are looking to increase their capital allocation in office investments. Alternative sectors of interest for office investors include medical offices and life science-related assets.