Nordic — Transaction volume in the Nordic region amounted to just under EUR 20 billion in the first half of 2026 – an increase of 36 percent compared to the same period in 2025 – according to figures from JLL’s latest Nordic Outlook report. However, this growth was driven by a limited number of portfolio and consolidation deals, with Sweden accounting for more than the region’s entire net increase. Thomas Persson, Head of Capital Markets at JLL, identifies interest rate trends as a major challenge for the transaction market in the near term, as the rise has become too significant for investors to ignore.