1、JLL Nordic OutlookFocus:Strategic office retrofittingAutumn 2025JLL Nordic Outlook Autumn 2025ContentsIntroduction.3Macroeconomic conditions.5Interest and credit markets.6Listed property sector in the Nordics.7Investment market Sweden.9Investment market Finland.10Investment market Norway.11Investmen

2、t market Denmark.12Focus:Strategic office retrofitting.13Office rents in Europe.19Office Office Nordic.21 Stockholm.23 Gothenburg.24 Malm/Lund.25 Helsinki.26 Oslo.27 Copenhagen.28Retail Retail Nordic.29 Sweden.31 Finland.31 Norway.32 Denmark.32Logistics Logistics Nordic.33 Sweden.35 Finland.35 Norwa

3、y.36 Denmark.36Residential Residential Nordic.37 Sweden.39 Finland.39 Norway.40 Denmark.40One JLL Services in Sweden.41 Services in Finland.42 Services in Norway.43 Services in Denmark.43Definitions.443Since our February publication,the financial landscape has evolved against a backdrop of profound

4、global shifts.The world order is rapidly changingborn from an American retreat from its position as world leader,marked by broken promises and abandoned alliances.This retrenchment has impacted confidence among both businesses and consumers,creating a climate where neither the economic order,nor mil

5、itary balance can be taken for granted.This increased uncertainty has prompted investors to reassess risk exposures and seek stability in regions with proven institutional strength,potentially strengthening Europes relative position.At the same time,economic growth forecasts across the Nordic region

6、 have been revised downward somewhat since our February outlook.While there are good conditions for a stronger economy ahead,partly due to rising real wages for households,the recovery is proceeding more slowly than expected.The considerable uncertainty is also expected to hamper recovery in the nea