---
title: "Copenhagen vs Stockholm: Class A office comparison"
description: "Side-by-side Class A office comparison for Copenhagen and Stockholm — rent, vacancy, talent, tax, lease norms, transit, and top submarkets."
canonical: https://classa.info/compare/copenhagen-vs-stockholm
pageType: comparison
lastUpdated: 2026-04-15T00:00:00.000Z
license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)."
---

> Copenhagen ($32/sqft, 7.6% vacancy) and Stockholm ($72/sqft, 10.6% vacancy) compete on different axes: Copenhagen on rent and tax and Stockholm on talent depth.

## TL;DR

- Class A rent: Copenhagen $32/sqft vs Stockholm $72/sqft.
- Vacancy: Copenhagen 7.6% vs Stockholm 10.6%.
- Talent index: Copenhagen 85 vs Stockholm 87.
- Corporate tax: Copenhagen 22% vs Stockholm 20.6%.
- Premium flex/seat/month: Copenhagen $720 vs Stockholm $720.

# Copenhagen vs Stockholm: Class A office comparison

**Copenhagen ($32/sqft, 7.6% vacancy) and Stockholm ($72/sqft, 10.6% vacancy) compete on different axes: Copenhagen on rent and tax and Stockholm on talent depth.**

## TL;DR

- [Class A](/glossary/class-a) rent: Copenhagen $32/sqft vs Stockholm $72/sqft.
- Vacancy: Copenhagen 7.6% vs Stockholm 10.6%.
- Talent index: Copenhagen 85 vs Stockholm 87.
- Corporate tax: Copenhagen 22% vs Stockholm 20.6%.
- [Premium flex](/topics/lease-vs-flex)/seat/month: Copenhagen $720 vs Stockholm $720.

## Market data side-by-side

| Metric | Copenhagen | Stockholm|

| Region | EMEA | EMEA|
| Country | Denmark | Sweden|
| Class A rent (USD/sqft/yr) | $32 | $72|
| Class A rent (local) | 2400 DKK | 8200 SEK|
| Vacancy | 7.6% | 10.6%|
| Trend | flat | flat|
| Prime yield | 4.4% | 4.5%|
| Premium flex / seat / month (USD) | $720 | $720|
| Submarkets covered | 5 | 5|
| Corporate tax | 22% | 20.6%|

## Lease norms

| Metric | Copenhagen | Stockholm|

| Typical term | 5 yrs | 5 yrs|
| Typical rent-free | 4 mos | 4 mos|
| Lease norms | Net leases. 5-7 year terms with break options. Free rent of 3-6 months and TI of DKK 800-1,500/sqm typical on a 5-year deal. | Net leases. 5-7 year terms standard. Free rent of 3-6 months and TI of SEK 1,500-2,500/sqm typical on a 5-year Class A deal.|
| Tax note | 22% Danish corporate income tax. R&D tax credit available. Denmark has a structural participation exemption for cross-border dividends and capital gains. Joint Danish-Swedish payroll tax considerations apply for cross-Øresund staff. | 20.6% Swedish corporate income tax. R&D tax credit available. Sweden has a structural participation exemption for cross-border dividends and capital gains.|

## Talent

| Metric | Copenhagen | Stockholm|

| Talent index (0–100) | 85 | 87|
| Talent note | Deep pharma, shipping, design, and clean tech talent. Strong feed from University of Copenhagen, DTU, and Copenhagen Business School. English-fluent professional base supports international corporate HQs. | Deepest tech and gaming talent pool in the Nordics. Strong feed from KTH, Stockholm University, and the Stockholm School of Economics. English-fluent professional base supports international corporate HQs.|

## Transit & commute

**Copenhagen:** Metro M1-M4 (M3 City Circle Line opened 2019), S-tog suburban rail, and bus. Copenhagen Airport (CPH) is connected via Metro M2 (~14 minutes to Nørreport). Copenhagen is highly bicycle-friendly.

**Stockholm:** SL Tunnelbana (3 main lines), Roslagsbanan, commuter rail (Pendeltåg). Arlanda Express to Stockholm Arlanda Airport (~20 minutes). Stockholm is highly walkable and Tunnelbana-served.

## Top submarkets — Copenhagen

- [**Indre By (CBD)**](/cities/copenhagen/indre-by-cbd) — [trophy tier](/topics/trophy-asset-selection) · DKK 2,600/sqm/yr · ≈ $35 PSF/yr USD
- [**Nordhavn**](/cities/copenhagen/nordhavn) — trophy tier · DKK 2,400/sqm/yr · ≈ $32.3 PSF/yr USD
- [**Frederiksberg**](/cities/copenhagen/frederiksberg) — prime tier · DKK 2,100/sqm/yr · ≈ $28.3 PSF/yr USD

## Top submarkets — Stockholm

- [**Östermalm**](/cities/stockholm/ostermalm) — trophy tier · SEK 9,200/sqm/yr · ≈ $80.3 PSF/yr USD
- [**Norrmalm (CBD)**](/cities/stockholm/norrmalm-cbd) — trophy tier · SEK 8,800/sqm/yr · ≈ $76.8 PSF/yr USD
- [**Hagastaden**](/cities/stockholm/hagastaden) — trophy tier · SEK 8,500/sqm/yr · ≈ $74.2 PSF/yr USD

## Decision criteria

### Pick by cost

Copenhagen is the cheaper Class A market on a USD basis.

### Pick by talent depth

Stockholm has the deeper talent index (87/100 vs 85/100).

### Pick by tax

Stockholm has the lower headline corporate tax (20.6% vs 22%). Local incentives can change the effective rate materially.

### Pick by lease optionality

Copenhagen typical term is 5 years with 4 months free; Stockholm runs 5 years with 4 months free.

### Pick by transit

Copenhagen: Metro M1-M4 (M3 City Circle Line opened 2019), S-tog suburban rail, and bus. Copenhagen Airport (CPH) is connected via Metro M2 (~14 minutes to Nørreport). Copenhagen is highly bicycle-friendly. Stockholm: SL Tunnelbana (3 main lines), Roslagsbanan, commuter rail (Pendeltåg). Arlanda Express to Stockholm Arlanda Airport (~20 minutes). Stockholm is highly walkable and Tunnelbana-served.

## Run a 4-city comparison

Score Copenhagen, Stockholm and up to two more markets side-by-side on Class A rent, vacancy, talent, corporate tax, and premium flex pricing — all in USD.

[**Run a 4-city comparison →**](/tools/city-comparator)

## Frequently asked questions

****Is Class A office cheaper in Copenhagen or Stockholm?****
: Copenhagen is cheaper on a USD basis: $32/sqft vs $72/sqft.

****Which has better talent depth, Copenhagen or Stockholm?****
: Stockholm indexes higher on talent depth (87 vs 85).

****Which has more sublease availability, Copenhagen or Stockholm?****
: Stockholm carries higher vacancy (10.6% vs 7.6%) and therefore typically more [sublease](/topics/sublease-strategy)">sublease overhang.

****What lease term should I expect in Copenhagen vs Stockholm?****
: Copenhagen typical term is 5 years with 4 months rent-free; Stockholm typical term is 5 years with 4 months rent-free.

****How does transit and commuter access compare?****
: Copenhagen: Metro M1-M4 (M3 City Circle Line opened 2019), S-tog suburban rail, and bus. Copenhagen Airport (CPH) is connected via Metro M2 (~14 minutes to Nørreport). Copenhagen is highly bicycle-friendly. Stockholm: SL Tunnelbana (3 main lines), Roslagsbanan, commuter rail (Pendeltåg). Arlanda Express to Stockholm Arlanda Airport (~20 minutes). Stockholm is highly walkable and Tunnelbana-served.

## Editorial provenance

Reviewed by [**Samuel Okafor**](/about/authors/samuel-okafor) — EMEA contributing editor. Last updated 2026-04-15. See our [methodology](/about/methodology) and [editorial standards](/about/editorial-standards).

### Primary sources for this page

- [CBRE Marketview reports](https://www.cbre.com/insights) — CBRE
- [JLL Office Insight](https://www.jll.com/en/trends-and-insights) — JLL
- [Cushman & Wakefield Marketbeat](https://www.cushmanwakefield.com/en/insights) — Cushman & Wakefield
- [Savills World Research](https://www.savills.com/research_articles/) — Savills
- [Colliers Global Office Outlook](https://www.colliers.com/en/research) — Colliers

[Full sources index](/about/sources) · [Submit a correction](/about/corrections)

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Citation: Source: Class A Atlas (https://classa.info/compare/copenhagen-vs-stockholm), updated 2026-04-15T00:00:00.000Z.
