Norrmalm (CBD) is a trophy-tier Stockholm submarket with average asking rent around SEK 8,800/sqm/yr · ≈ $76.8 PSF/yr USD.

  • Average asking rent: SEK 8,800/sqm/yr · ≈ $76.8 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: SEK 8,200/sqm/yr · ≈ $71.6 PSF/yr USD ($72 USD).
  • Citywide vacancy: 10.6% — submarket-level availability is typically tighter at trophy tier.

Norrmalm (CBD), Stockholm office rents and availability

Norrmalm (CBD) is a trophy-tier Stockholm submarket with average asking rent around SEK 8,800/sqm/yr · ≈ $76.8 PSF/yr USD.

TL;DR

  • Average asking rent: SEK 8,800/sqm/yr · ≈ $76.8 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: SEK 8,200/sqm/yr · ≈ $71.6 PSF/yr USD ($72 USD).
  • Citywide vacancy: 10.6% — submarket-level availability is typically tighter at trophy tier.

Where rent sits

Norrmalm (CBD) averages around SEK 8,800/sqm/yr · ≈ $76.8 PSF/yr USD for Class A, against a citywide Class A index of 8200. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

Stockholm's trophy core. Banking (SEB, Handelsbanken), professional services, government, consulting.

Key facts

cityStockholm
submarketNorrmalm (CBD)
tiertrophy
averageRentLocalSEK 8,800/sqm/yr · ≈ $76.8 PSF/yr USD
cityClassARentUsd$72/sqft/yr
cityVacancyPct10.6%

Frequently asked questions

What is the average Class A rent in Norrmalm (CBD), Stockholm?
Around SEK 8,800/sqm/yr · ≈ $76.8 PSF/yr USD. The citywide Class A index sits at SEK 8,200/sqm/yr · ≈ $71.6 PSF/yr USD.

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Editorial provenance

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

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