This Sadolin & Albæk report, entitled "The Copenhagen retail market", provides an introduction to the retail market in Copenhagen, ranging from specialty high street shops to regional shopping centres outside the Copenhagen CBD.
Like the rest of Denmark, the Greater Copenhagen retail market is affected by a slowdown in consumer spending and the repercussions of the financial crisis. Nevertheless, 2008 saw a number of large-scale transactions.
The report offers a commentary concerning current market trends, which include:
Prime retail premises in central locations still attract strong demand
The development of shopping centres and arcades continues
Relatively steep increase in investment yields in the retail outlet market
High tenant turnover rate in the retail market in general.
This report was updated in January 2009.
Citation or reproduction only with express acknowledgement of source.
The Copenhagen retail market - Market update January 2009: