Norway Investment Market Figures Q3 2024

Norwegian commercial real estate (CRE) investment activity saw a slight slowdown in Q3, a typical trend for this period, with a total investment volume of NOK 12.3 billion—up 15.8% YoY but down from NOK 19.2 billion in Q2. While Office and Industrial & Logistics (I&L) dominated the market in H1, Residential emerged as the leading sector in Q3. CPI inflation rose to 3.0% in September, while Norges Bank plans to maintain the policy rate for the remainder of 2024.