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Sweden Multifamily Market Snapshot Q2 2023

Increased inflation, construction costs and decompressed yields have moved up the prime annual rent on new production multifamily property in Sweden and in Stockholm to
SEK 3,000 per sqm a year. This is due to new production rent often calculated based on construction cost and market yield.

Boverket released the new residential construction prognosis in June which state a dramatic decrease in housing construction ahead. A total of 71,000 residential units were started in the record year of 2021. In 2023 it is expected to be 27,000 and in 2024 only 21,700.

Download the report below.

Please contact me if you have any questions.

Annika Edström

Annika Edström

Annika Edström, Associate Director, holds the position as Head of Research, Sweden. Annika has long experience working with research in the real estate industry. She has deep knowledge of real estate investments, market data management and a special interest in ESG, finance and global macro economic impact on the local market.

Download Sweden Multifamily Market Snapshot Q2 2023

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