Industrial and logistic real estate in the Nordics - statistics & facts

Growing demand for industrial and logistic real estate is prominent in Europe, driven by the increase in online retail sales rather than in-store. All the Nordic countries saw steady growth in their e-commerce sales during the past fifteen years and more, and the growth is expected to continue. Investments in the industrial and logistic real estate industry have generally been at a higher level during the last few years. The highest investment value among European countries in the first half of 2021 was in the United Kingdom, while Sweden topped the list among the Nordic countries, and was fifth in terms of industrial and logistics investment in real estate in Europe that year.

Development of prime yields

All Nordic capitals saw decreasing prime yields in 2021. Yield is a measure of the rate of return, and many different factors such as demand, quality, location, renting time can affect figures. In Sweden, where the highest investments among the Nordic countries were made, its capital Stockholm had a prime yield for large warehouses amounting to 4.6 percent in 2020. The Danish capital Copenhagen had higher prime yield at 5.25 percent in 2020. The lowest was found in Oslo.

Comparison of rents in different Nordic cities

Oslo was also the Nordic city with the highest rental price of large warehouses in a prime location as of the fourth quarter of 2020. Large warehouses refer to a space over five thousand square meters, and the prime rental cost per square meter in Norway’s capital city during this period reached 121 euros per year. The prime rental price for warehouses, and logistics and distribution space increased in 2021, after falling slightly in 2020. Helsinki had the second highest prime rental price among the Nordic capitals, followed by Copenhagen and Stockholm.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by Statista Research Department, Feb 28, 2024

Key insights

Monthly prime rental price of leased warehouses in Stockholm
10.3 EUR
Industrial and logistic investments in the real estate market in Norway
1.8bn EUR
Industrial and logistic investment in the real estate market in Sweden
4.3bn EUR
Get more insights

Editor’s Picks Current statistics on this topic

Annual prime headline rent cost for warehouses over 5,000 square meters in selected European cities in 2023, by city (in euros per square meter per year)

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Annual prime rental costs for large warehouses in Europe 2023, by city

E-commerce revenue in Sweden from 2004 to 2023 (in billion SEK)

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E-commerce revenue in Sweden 2004-2023

Industrial and logistics real estate investment in Europe from 2020 to 2022, by country (in million euros)

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Industrial and logistics real estate investment Europe 2020-2022, by country

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