In this study you as a reader are going to get an understanding how Swedish commercial real estate companies met the problems during the Corona pandemic. The consequences that the pandemic caused and how companies acted during a recession. The study was made with a qualitative method with an abductive approach. In this study personnel in leading positions from six different commercial real estate companies were interviewed.  There are lot of theories about what kind of impact the pandemic will cause in the real estate industry. Will the result be empty premises with lot of vacancies, loss of rental income and how will the predictions look like in the future. Will the demand for office properties decrease when people realizing the comfort of working from home?  The study showed, that among the interviewed real estate companies most of them did apply for the state rent subsidy. The loss of rental income during the period has not increased more than a few percent. However, the insight of the importance of frequent customer dialogues and to work proactively has improved during the recession. Some future actions involves strategies to invest in properties in different segments and in various places. Overall, all of the interviewed companies predicts a transformation in the real estate industry but to what, is still a question.