This report covers the current office market development in Sweden at a submarket level in Stockholm, Gothenburg and Malmo, and at city level in regional cities. In this edition, Cushman & Wakefield also look deeper into the concept of flexible offices, to give you the best insights.
It has been over a year since the first COVID-19 outbreak, and some tenants are looking to reduce their office space. When the need for expansion emerges, it can be problematic to find suitable office premises since vacancies continue to remain at a low level. This trend, together with increased use of digital tools, new habits and remote work processes, opens for new ways to address the workplace landscape, including flexible and hybrid solutions.
The rental market has offered flexible offices for several years. For decades, the flexible solutions only existed through business centres. Nowadays however, there is a variety of solutions, such as coworking and hybrids. Hybrid offices are quickly becoming the most important solution, offering a mix of private offices and shared common areas. This type has gained momentum both in Europe and Sweden with expanding businesses and increased demand for flexibility.
Office Snapshot Sweden provides recent updates on the Swedish office market as per the end of Q1 2021. Deeper level market data is available to you by contacting us.