Sweden — Investment activity in Swedish commercial properties has collapsed in the past year as companies have had difficulty adapting to higher interest rates. The latest statistics from MSCI show that the listed companies together have sold properties for approximately 3.1 billion dollars, close to 2.9 billion euros, so far in 2023. In an exclusive interview with Nordic Property News, Tom Leahy, executive director of MSCI Research, talks about the dramatic developments in the Swedish real estate market and what the future may hold.