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仲量联行(JLL):2025年秋季北欧办公市场展望报告:聚焦战略改造(英文版)(48页).pdf

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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

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根据《JLL Nordic Outlook》报告,以下为全文关键点: 1. 北欧经济面临挑战,但政策支持为2026年复苏奠定基础。 2. 北欧投资量在2025年上半年同比增长37%,主要受芬兰和丹麦推动。 3. 瑞典、芬兰/丹麦和挪威的利率下降,挪威在2025年6月首次降息。 4. 商业地产估值风险降低,建设活动处于历史低水平。 5. 办公室市场存在机会,但需关注特定子市场和品质细分市场。 6. 斯德哥尔摩办公室市场分析显示,升级传统办公空间可带来平均22%的租金溢价。 7. 斯德哥尔摩办公室市场存在“优质价值脱节”,中央区域回报率更高。 8. 欧洲办公室租金在2025年第二季度同比增长9.6%,主要受伦敦和巴黎推动。
2025年展望" 揭秘斯德哥尔摩" 2025年第二季度分析"
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