Nordic Investor Intentions Survey 2026

In the 2026 edition of CBRE’s Nordic Investor Intentions Survey, respondents expressed continued optimism regarding Nordic real estate market. Key factors underpinning this sentiment include the improved debt liquidity and cost and the stabilisation of pricing levels. The latest edition of the annual survey provides insights into the current sentiment and intentions of Nordic investors with an extensive coverage of 185 investors.

While the mismatch in buyer and seller expectations is most often cited as the main challenge to the current investment market, most Nordic investors expect to increase both purchasing and selling activity this year. Respondents also indicated that pricing levels are more stable than last year, signalling that price convergence is already underway. 

Our 2026 survey highlights several interesting changes in the investor sentiment. Among the most significant is the rise in the preference for core capital for the first time in three years. Living and logistics continue to dominate sector preferences, while offices did not see a recovery yet. Retail has seen an increase in popularity, and data centres made their first appearance in this year’s survey. Nordic respondents also continue to see sustainability aligned retrofitting as means of value creation, and sustainability remains a key factor for the Nordic players in 2026.

Sentiment has improved and investment activity has increased with investors seeing opportunities across a range of asset types and locations in the Nordics, supported by strong debt liquidity and more attractive pricing. We expect the ongoing positive trend to continue in 2026.