Conclusions from the report: 2021 was a record-breaking year for the logistics segment in Sweden; investment volume exceeded SEK 50 billion and yield levels reached all-time lows. Meanwhile, the largest ever supply of new space reached the market, while vacancies remained low due to unprecedented demand.

Maintaining the positive momentum, 2022 has opened with a strong first quarter in terms of investment activity, with some SEK 10 billion transacted. Furthermore, new supply deliveries are expected to reach nearly 1.5 million sqm by the end of the year. On the other hand, there is a number of challenges expected to impact the logistics market resulting from Russian invasion of Ukraine, supply chain issues and rising construction costs. Even so, the overall market outlook remains positive with sustained strong occupier demand and an extensive development pipeline expected for the coming three years.

Ulf Brandes, International Partner, Cushman & Wakefield says:

“The enormously strong development in the logistics area in recent years has led to record levels of new production and values for logistics properties.“