Figures

Sweden Retail Market Figure Q1 2026

May 6, 2026 5 Minute Read

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The Swedish retail investment market recorded a positive start to 2026, with transaction volume reaching SEK 2.7 billion in Q1 — an increase of 15% year-on-year. Cross-border investment accounted for approximately 45% of the total volume, driven by Eurocommercial Properties' acquisition of Avion Shopping Centre in Umeå.

Looking ahead, the geopolitical landscape adds uncertainty. Rising energy prices and potential mortgage rate pressure pose a downside risk to Sweden's 2026 GDP growth forecast of 2.6%. Weaker household consumption remains the key risk to monitor.

Despite this, Sweden's retail market remains well-positioned. Recovering household consumption, rising real wages and low inflation continue to support the broader market environment.

Some of the most notable transactions in the first quarter of 2026 include:

Eurocommercial Properties acquired Avion Shopping Centre in Umeå — the largest shopping centre in northern Sweden at 45,000 sq m — from Ingka Centres for approximately SEK 1.2 billion.
Bygg-Göta Fastigheter consolidated its presence in Gothenburg's Sisjön area through the acquisition of Sisjö Entré from Union Investment.

Prime yields were broadly stable in Q1, except for big box (incl. groceries), where yields compressed 10 bps to 5.75%, driven by investor preference for the format's resilient income profile.