What is the average Class A rent in Stockholm?

Around 8200 SEK/sqft/yr ($770 USD) across the broader Class A index. Trophy submarkets like Norrmalm (CBD) command 20–40% above that.

How many months of rent-free are normal in Stockholm?

4 months on a 5-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.

Are rents rising or falling in Stockholm?

The Stockholm Class A market is currently flat. Vacancy is 10.6%, which sets the negotiating context.

Headline Class A rent in Stockholm is around 8200 SEK/sqft/yr ($770 USD), with 4 months of typical rent-free on a 5-year term.

Headline Class A rent: 8200 SEK/sqft/yr ($770 USD).
Trophy submarket rents (Norrmalm (CBD)) push to roughly SEK 8,800/sqm/yr · ≈ $76.8 PSF/yr USD.
Typical concessions on a 5-year deal: 4 months free rent.
Vacancy stands at 10.6% — market trend is flat.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Stockholm Class A office rents and incentives

Headline Class A rent in Stockholm is around 8200 SEK/sqft/yr ($770 USD), with 4 months of typical rent-free on a 5-year term.

TL;DR

Headline Class A rent: 8200 SEK/sqft/yr ($770 USD).
Trophy submarket rents (Norrmalm (CBD)) push to roughly SEK 8,800/sqm/yr · ≈ $76.8 PSF/yr USD.
Typical concessions on a 5-year deal: 4 months free rent.
Vacancy stands at 10.6% — market trend is flat.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Headline rent vs. effective rent

Asking rents in Stockholm are quoted in SEK per sqft per year. Across the broad Class A index the figure is 8200, but the trophy tier in Norrmalm (CBD) reaches roughly SEK 8,800/sqm/yr · ≈ $76.8 PSF/yr USD. Always discount headline rent by the present value of free rent and fit-out-capex">tenant improvement allowance to land on effective rent — the only number that compares cleanly across deals.

Rent-free and TI

Standard Stockholm concessions on a 5-year Class A lease run to 4 months of base-rent abatement. Trophy lease-ups can push rent-free 25–40% above that benchmark. Local cost-of-occupancy is also shaped by tax — 20.6% Swedish corporate income tax. R&D tax credit available. Sweden has a structural participation exemption for cross-border dividends and capital gains.

Where rents land by submarket

Norrmalm (CBD) sits at the top end (~SEK 8,800/sqm/yr · ≈ $76.8 PSF/yr USD). Solna (Arenastaden & Frösunda) clears around SEK 6,500/sqm/yr · ≈ $56.8 PSF/yr USD as the prime tier. Kista Science City represents the value end at ~SEK 4,500/sqm/yr · ≈ $39.3 PSF/yr USD. The full submarket map is on the Stockholm city page.

Key facts

city	Stockholm
country	Sweden
region	EMEA
classARentLocal	8200 SEK/sqft/yr
classARentUsd	$770/sqft/yr
vacancy	10.6%
typicalLeaseYears	5
typicalRentFreeMonths	4
submarkets	5
primeYieldPct	4.5%
trophyRent	SEK 8,800/sqm/yr · ≈ $76.8 PSF/yr USD
primeRent	SEK 6,500/sqm/yr · ≈ $56.8 PSF/yr USD

Frequently asked questions

What is the average Class A rent in Stockholm?: Around 8200 SEK/sqft/yr ($770 USD) across the broader Class A index. Trophy submarkets like Norrmalm (CBD) command 20–40% above that.
How many months of rent-free are normal in Stockholm?: 4 months on a 5-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.
Are rents rising or falling in Stockholm?: The Stockholm Class A market is currently flat. Vacancy is 10.6%, which sets the negotiating context.

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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