However, the upper quartile of CBD office rents increased to 30.0 €/sqm/month. Also in many other regions the office rents have continued decreasing. However, the respondents of RAKLI-KTI Property Barometer expect Helsinki CBD office rents to increase slightly during the next six months, while in other cities and other districts of Helsinki, rents are expected to remain stable or decrease slightly.
In the residential markets, the positive development of rents continues. KTI's residential rent indices show an annual increase of 4.1 percent in new rental agreements for the Helsinki metropolitan area, and 3.5 percent in other major cities. The rental growth has, however, slowed down in almost all major cities during the past six months.
KTI: Office Rents Decreasing – Residential Rents Continue Increasing
Finland —
Negative development of office rents has continued especially in the Helsinki region. The KTI office rent index for Helsinki CBD decreased by 1.1 per cent during the last 12 months and the median office rent in the Helsinki CBD decreased by more than one euro to 26.4 €/sqm/month.
2016-05-19