It is time for our popular Snapshots. First out for Q1-21 is the Office Market Snapshot.
Office Transaction Volume
The first quarter for office investments have started off quite cautiously. Transactions have been mainly smaller in size, but number of deals were slightly higher than the
first quarter of last year. Cross border volumes have been slim, as travel restrictions remain an impediment.
The effects of Covid-19
In the leasing market we have seen that the activity has picked up, although the vacancy rate remains higher than before the Covid-19 breakout.
Potential long-term effects due to the pandemic in the office market will show as more people have been vaccinated, likely in the 3rd quarter.
Read more in the report.
Please contact Anders Hansén with questions or if you would like to book a meeting with our advisors.
Download CBRE Swedish Office Market Snapshot, Q1 2021 below.
Read more at cbre.se