• PROVIDING A STRATEGIC ADVANTAGE Through Technology & Processes
  • EXPERIENCE QUALITY Under One Brand with A Single Point of Control
  • UNITING LOCAL COMMERCIAL Real Estate Experience with Global Execution
  • DELIVERING RESULTS Through Collaboration & Integration

Sweden

Sweden

Sweden is an export-oriented market economy that is heavily focused on foreign trade. Sweden's engineering sector accounts for 50% of output and exports while telecommunications, the automotive industry and the pharmaceutical are also important sectors. Sweden’s economy features a modern distribution system, excellent internal and external communications, and skilled labor. Sweden rejected the Euro in a referendum in 2003, and Sweden maintains its own currency, the Swedish Krona, even though they are an active member of the European Union. Sweden is ranked as having the best creativity in Europe for business and is predicted to become a magnet for the world’s most purposeful workers based on its talent, technology and tolerance. Supply has continued to increase while demand has slowed due to the global financial crisis in Sweden. This will result in lower rental prices and higher incentives offered to the occupier in an effort to attract new tenants. This trend is expected to continue over the near term and Sweden will become an increasingly occupier friendly market.

 

Our Offices

Stockholm