Östermalm is a trophy-tier Stockholm submarket with average asking rent around SEK 9,200/sqm/yr · ≈ $80.3 PSF/yr USD.

• Average asking rent: SEK 9,200/sqm/yr · ≈ $80.3 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.

TL;DR

• Average asking rent: SEK 9,200/sqm/yr · ≈ $80.3 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

Östermalm averages around SEK 9,200/sqm/yr · ≈ $80.3 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

Embassy and luxury HQ submarket. Family offices, banking, consulting, luxury brand HQs.

Key facts

Frequently asked questions

What is the average Class A rent in Östermalm, Stockholm?

Around SEK 9,200/sqm/yr · ≈ $80.3 PSF/yr USD. The citywide Class A index sits at SEK 8,200/sqm/yr · ≈ $71.6 PSF/yr USD.

Related

• Östermalm — submarket overview
• Stockholm — full city profile
• Stockholm submarkets — all
• Östermalm — Tenants
• Östermalm — Transit
• Östermalm — Amenity
• Östermalm — Buildings

Editorial provenance

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

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

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