Newsec Property Outlook - Autumn 2025

Stability amid global uncertainty for Nordic and Baltic real estate

The Nordics and Baltics remain exposed to U.S.–EU trade frictions, demographic shifts, and defence realignments. Yet, the report emphasizes that the region’s high productivity, efficient labour markets, and globally competitive industries enable it to weather shocks better than much of Europe. In real estate, this translates into steady demand for logistics hubs, offices, and urban residential development, even under heightened uncertainty.

In addition, the report concludes that when climate pressures rise elsewhere in Europe, the Nordics and Baltics benefit from a cooler, more stable environment, strengthening their position for long-term capital. At the same time, low corporate tax rates, ease of doing business, and world-leading transparency continue to attract international investors.

The report also shows that defence investment is set to reshape demand patterns, with warehouse and logistics needs projected to nearly double by 2035. Meanwhile, healthcare, senior housing, and climate-adapted infrastructure represent growing segments as demographic and environmental realities reshape urban development.

The report outlines three scenarios for the coming decade — from limited trade friction to full-scale geopolitical fragmentation. In each case, the Nordics and Baltics retain a strategic advantage: converting global hazards into opportunities.