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Kista Market Report - Q1 2016

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Sweden Investment Market Report - Q1 2016

The Swedish economy has grown at a fast pace and most forecasts have been gradually adjusted upwards throughout the year. Kista is located within Stockholm County which accounts for approximately 33% of Sweden’s GDP.

Kista is Europe’s leading ICT (Information and Communication Technology) cluster and more than 1,400 companies including 300 ICT companies are located within Kista.

The open vacancy rate has reached 14% and by the end of 2016 the vacancy rate is forecast to reach almost 28%, assuming that current rental volumes remain static. The majority of the added vacant space in 2016 is of a poor standard.

Source : Savills

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Keywords : Savills