“With a low yield in alternative asset classes and with a demand that exceeds the supply we believe in a continued high volume on the transaction market” says Herman Ness, senior analyst at Malling & Co.

“With a prime yield of 4,20 percent and a ten year swap of well below two percent, and expectations of less than 1,75 percent the next 18 months we expect a great interest in offices, especially prime offices” says Herman Ness.

He believes that his year’s transaction volume will reach approximately NOK 65 billion.

Union’s estimate is higher.

“We believe in NOK 75 billion this year. It is considerably lower than 2015, but still a very high figure” says head of analysis Jo W Gullhaugen.

Union believes that the international investors will continue to put their stamp on the market.

“There are still many international investors that want exposure in Norway, but still have not gotten it, and many of those who have purchased show signs of wanting to buy more” says Gullhaugen.

Colliers´ Thor Bjørdal believes in a lower transaction volume. 

“If we reach a volume between NOK 50 and 60 billion we should be very happy with that” he says.