Sweden’s Major Landlords Signal Recovery in Transaction Market
During 2023, in the wake of a financing crunch that had crippled Sweden’s real estate market, the volume of commercial property transactions in the Nordic region fell to the lowest level in a decade.
Photographer: Andrey Rudakov/BloombergTwo of Sweden’s biggest landlords, Fastighets AB Balder and Castellum AB, have struck a more positive tone about the market for buying and selling commercial properties, in what is the latest sign of a recovery in the previously challenged sector.
Balder on Tuesday reported property acquisitions of 6.4 billion Swedish kronor ($665 million) for the first half compared with 1.4 billion kronor a year ago. Castellum meanwhile said property purchases stood at 1.7 billion kronor in the first six months of 2025 versus just 52 million kronor in the same period of 2024.