Get in touch
Home › Market Pulse

Samla Market Pulse

Information to support decisions: the property market changes with interest rates, financing, construction, leasing and the economy. Samla's views bring together the essential changes and their possible effects for a property investor.

Market review

Market review updated quarterly

The review covers developments in the rental market, transaction volumes and yield requirements.

Q2 / 2026

Housing market review Q2/2026

The review covers developments in the rental market, transaction volumes and yield requirements. Download the PDF (23 pages).

View all reviews
News and insights

Latest news and insights

What is happening in the property market in Finland and abroad.

View all news
Weekly pulse · 43/2026

Week 43/2026: international review and key figures

Updated weekly. The review summarises what international property markets discussed during the week and what it means for Finland. Updated 2026-10-19.

Weekly review

Finnish deals and projects

The Finnish market saw an office transaction and a new housing project, and one company is exiting Finland. TK Asset Management bought two office properties in Helsinki together with a group of private investors. The office properties have a total lettable area of approximately 11,000 sqm. Listed company Toivo Group Oyj is starting an owner-occupied housing project worth about EUR 7.5 million in Oulunkylä, Helsinki. Swedish property company Annehem Fastigheter, for its part, is leaving Finland after a transaction with Peab. The company's CEO Monica Fallenius describes the decision to concentrate the portfolio entirely on the Swedish market. The company is expanding in Gothenburg, and its aim is to grow in its existing markets. Fallenius also discusses the possibility of expanding beyond Sweden's borders again in the future.

Direction of Sweden's housing market

Global real assets investment manager Hines is acquiring 50 percent of the shares in Vincero Fastigheter Holding AB and is forming a long-term joint venture with Vincero Fastigheter AB for residential development in the Stockholm region. The portfolio comprises more than 3,000 residential development rights in Storängen in central Huddinge, Segeltorp and Örnsberg. Erik Elmgren, head of the Swedish Union of Tenants, highlighted the strengths of the Swedish rental model at a UN meeting in Geneva and also raised what should change so that more people can secure affordable rental housing. According to Elmgren, a proactive housing policy is required.

Transaction market remained stable

The Nordic transaction market remained stable in September, with 82 transactions totaling EUR 2.7 billion in the region. In Sweden, volume declined by 30 percent compared to the same month last year, but year-to-date transaction volume was 25% higher than at the corresponding point in 2025. In Denmark, September was the strongest month of 2026, and volume reached DKK 9 billion. Emilshus acquired nine light industrial properties in Östergötland and Skåne in four transactions. The properties have a total lettable area of 28,877 sqm, and the average remaining lease term is 4.6 years.

Management changes and merger

The merger between Sveafastigheter and Klarabo was completed on 30 September, and the combined company presented a new Group Management Team. The management team will lead the continued integration and contribute to realising the synergies created by the merger. Sveafastigheter's Board of Directors also decided on a change in CEO. Sophia Mattsson-Linnala took over as Acting CEO. The recruitment of a new CEO is under way. The Board of Studentbostäder i Norden AB, or SBS Norden, decided that CEO Rebecka Eidenert will leave the position, and Deputy CEO Sebastian Schönström serves as Acting CEO from 15 October 2026. Nordiqus's new CEO Samuel Spetz succeeds Jenny Rehn, who is stepping down.

Sources: Toivo Group stock exchange release, Nordic Property News.

Key figures in Finland
Euribor 3M 2.64% 16 Oct 2026 · 2.48% three months ago Source: Suomen Pankki
Euribor 12M 3.21% 16 Oct 2026 · 2.87% three months ago Source: Suomen Pankki
Average rate on new housing loans 3.35% August 2026 · 3.28% in July Source: Suomen Pankki
Prices of old dwellings, whole country −3.3% y/y August 2026, preliminary · index 96.7 (2025 = 100) Source: Tilastokeskus
Rents, whole country +0.5% y/y Q3/2026 · non-subsidised +0.1% Source: Tilastokeskus
Property maintenance costs, blocks of flats +2.9% y/y Q2/2026 · all building types +3.3% Source: Tilastokeskus
Building cost index +3.4% y/y September 2026 · heating, water and sewerage supplies +11.6%, concrete, bricks and blocks +7.2%, labour +3.3% Source: Tilastokeskus
Building permits, dwellings 709 July 2026 · July 2025: 813 Source: Tilastokeskus
Bankruptcy filings: construction / real estate 40 / 21 August 2026 · August 2025: 59 / 11 Source: Tilastokeskus
Unemployment rate, seasonally adjusted 9.9% August 2026 · 10.4% in July Source: Tilastokeskus
Company press releases

Press releases

The latest press releases. The full archive is on the Media page.

All press releases
Leading indicators

Four indicators that, according to Samla's analyses, move ahead of housing prices or confirm a turn.

Intention to buy a dwelling, 12 months 12.1% September 2026 · three months: 11.2 → 11.1 → 12.1; long-run average 13.1% (2016–2026) The clearest leading indicator: moves about six months ahead of prices.
Transactions, old dwellings 4,508 August 2026, preliminary · three months: 4,926 → 4,508 → 4,508; the latest month is still being completed Reports what has happened and confirms a turn rather than predicting it.
Short rate, Euribor 3M 2.64% 16 Oct 2026 · monthly averages: 2.34 (Jun) → 2.51 (Aug) → 2.62 (Oct), rising The second-strongest indicator, moving about three quarters ahead of prices in the opposite direction.
Household growth vs. housing stock growth −7,200 2025, preliminary · households +8,900, dwellings an estimated +16,100 (completions minus average removals) Anticipates regional price differences by about 1–2 years: where households form faster than the housing stock grows, prices rise faster than elsewhere.

Subscribe to Samla's Market Pulse

Market Pulse is Samla Capital's monthly letter on the real estate market. You will receive it by email about once a month: the key market figures with comparisons, a review of domestic and international news, and links to our latest market reviews and articles.