Figures

Norway Industrial and Logistics Market Figures H1 2024

September 2, 2024 5 Minute Read

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The Industrial and Logistics (I&L) asset transaction volume in H1 2024 exceeded the total volume of 2023, reaching NOK 13.6 billion. This represented 32% of the total investment volume, driven by foreign investors. The prime logistics yield is estimated at 5.75%. The Norwegian market witnessed a surge in logistics vacancy rates, mainly in older properties. The estimated prime logistics rent is now NOK 2,000, up from NOK 1,900 a year earlier.