The Nordic Investor Confidence Index includes survey responses from approximate 300 investment professionals across the Nordic region and monitors expectations for the next 3-6 months.
The survey’s broad coverage reflects the interest for non-biased analysis and increased transparency. Furthermore, the degree of coverage ensures the findings are representative reflections of current investor confidence in the Nordic commercial real estate market.
We conduct the survey biannually, allowing us to track changes in confidence, to interpret what they mean for the market and to determine how best to respond when making investment decisions.
Nordic Investor Confidence Index Overview Q1 2026
Transaction volume in the Nordic market reached approximately €37 billion in 2025, representing a 30% increase compared with 2024 and reflecting a continued positive trend.
Highlights
- Occupier market risk is easing, as broad stabilisation and improving office sentiment (particularly in Sweden and Finland) help limit demand uncertainty.
- Prime office rents continue to grow across most Nordic markets.
- Limited yield movement is expected in the near term, suggesting pricing stability, while residential remains the most competitive segment due to continued compression expectations.
- Financing conditions remain one of the key considerations, with expectations centred on stability and slightly softer sentiment compared with Q3 2025.
- Achieving energy efficiency continues to be the key action within investors’ ESG strategies.
