Stockholm, 8 April 2020 – Today, Cushman & Wakefield launches the new report Office Snapshot Sweden. The report contains up to date market data and the company also shares its view on both the rental and investment market throughout Sweden, focusing on sub-markets in Stockholm, Gothenburg and Malmö. The report will be issued on a quarterly basis and the premier edition shows the current market situation by end of March 2020.
The first edition of the report also contains a featured section on Covid-19 and how the outbreak has affected the office market conditions - both from an investment and leasing perspective. By providing analysis services, Cushman & Wakefield assist investors in their decision makings, also under the current uncertain circumstances.
Anders Elvinsson, Head of Valuation & Advisory, Cushman & Wakefield comments: ”In times of great uncertainty about the future market development it is of utmost importance to have reliable and up-to-date market information. This is even more important when the information is to be used as part of the decision for a rental or transaction. Cushman & Wakefield has utilised the entire company's experience and expertise to provide an office market report that is well-founded and meets the requirements of actors in the industry."
The Swedish office real estate market enters Q2 2020 from good market conditions with historically low vacancies. Yield levels have started to turn marginally upwards towards the end of Q1, also these are currently historically low. Regarding rental levels, no effects of the recent weeks' impact on the market are yet to be seen.
Annika Edström, Head of What’s Next/Research, Cushman & Wakefield says: “In the new Office Snapshot Sweden we are scratching the surface of all the data and knowledge that is gathered within Cushman & Wakefield - from market data to transactions and leases. In each new edition of the report, we will also highlight important global trends that affect the Swedish office real estate market.”
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Launching the new Cushman & Wakefield Office Snapshot Sweden Report
08/04/2020
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