Retail Property Stock Increasing in Major Finnish Cities
Finland —
According to the KTI statistics, only 21,000 sqm of new retail space was completed in 2015 in the Helsinki Metropolitan Area (approx. 45,000 sqm in 2014). In addition, some 17,000 sqm of major retail redevelopments were completed. However, several new projects have been started recently, and altogether some 190,000 sqm of new retail space was under construction at the end of December.
2016-02-18
In six other large Finnish cities, altogether some 60,000 sqm of new retail space was completed in 2015, and more than 90,000 sqm of new retail space is currently under construction.