Prime rents are starting to come down for both high street assets outside of Stockholm city centre and for shopping centres in all the main three cities as the tenant demand has softened. Prime rent levels in the second quarter remain stable for high street space in Stockholm with the same situation for Retail park/big box assets. Luxury goods and discount products are continuing to perform well, with retailers in the middle segment struggling a bit more. The general leasing situation became more challenging.
The second quarter included eight deals of supermarket and big box transactions with mainly domestic buyers, excluding the Swiss life acquisition of two newly built big box assets of 20,000 sqm total in Gothenburg from Aspelin-Ramm.
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