Finland Investment Snapshot Q4 2022

Finland Investment Snapshot Q4 2022

• Total investment volume in Finland reached €7.2 billion in 2022, up by 1% compared to the previous year. Market slowed down towards the end of the year as a result of the growing market uncertainty caused by global inflationary pressures and rising interest rates. Fourth quarter of 2022 saw investment volumes of €973 million (down -58% y-o-y).
• During 2022, 52% of total investment volume came from cross-border investors, and HMA’s share of the total investment volume was 51%.
• Residential sector was the largest sector in 2022 attracting 29% of the year’s total volumes with €2.1 billion followed by social infrastructure with 26% of total (€1.9 billion). Social infrastructure saw record level of investment, while multiple larger municipalities sold their healthcare and public properties to investors. Retail sector attracted 16% of the total investment, while office sector transactions saw a more modest level (15%) in 2022.
• Largest transaction in 2022 was Starwood and Avara's sale of the 2,200 apartment nationwide residential portfolio to Orange Capital Partners, while the largest transaction of last quarter of 2022 was NREP's purchase of the Eteläesplanadi 2 office property from Allianz.