- There is a great pressure and Stockholm is hot and interesting for businesses. At the same time problems arise when focus is solely directed on housing and not enough space is allocated to office space, Daniella Waldfogel, public affairs expert, says.
Among the businesses interviewed many view the shortage of office space as the most serious obstacle to growth. On top of this, the office-space that exists within the capital’s most central locations the prices are premium, in fact, the highest in the EU, if London is excluded due to Brexit.
One out of three businesses responded in the report that they will have grown out of the office-space within three years. Among those that are active within IT and communications, almost half of the respondents say that they will not have enough space in their current offices.
About a tenth of businesses have refrained from recruiting due to the shortage at the workplace.
- For many businesses, the choice is not between the inner city of Stockholm or the suburbs, but between the inner city of Stockholm or, for example, Amsterdam, Berlin or Copenhagen. That is why it is crucial that the question is discussed thoroughly and not just left to chance, Daniella Waldfogel says.
From the report it is revealed that 15 percent of all businesses claim that they are flexible and could imagine moving their place of business to other central locations in Europe.
- I think it shows that the office-shortage can lead to problems if it is not handled and the problems that businesses express are dealt with. Stockholm must be able to compete both in availability of office-space and at reasonable prices, Daniella Waldfogel continues.
The Chamber proposes following actions:
Read the summary of the report here.