Stockholm Office Market Dynamics, Q2 2026

Prime office rents in Stockholm CBD held at SEK 9,800/sqm/year in Q2 2026 (+3.2% YoY), while Hagastaden rose to SEK 5,800/sqm/year (+9.4% in the quarter) on record pre-lets linked to Ericsson's relocations.

The overall vacancy rate rose to 16.1%, up 1.3 percentage points year-on-year and above 16% for the first time this cycle. Central submarkets held flat, while peripheral areas, Kista in particular at 36.0%, drove the increase.

JLL cut the prime CBD yield by 10 bps to 3.90% during the quarter, reflecting intensifying investor competition for prime, centrally located assets amid a stronger first-half investment market.