NewsLetter February 2012

Latest trends and market indicators, Danish commercial property market

In 2011, the Danish property market was characterised by renewed uncertainty, mainly because of the European sovereign debt crisis, which manifested itself in an economic slowdown and put pressure on the financial sector.

Nevertheless, the market for commercial and investment properties remained fairly brisk, with a surge in the demand for attractive and well-located properties, not least from foreign buyers. Investment demand for secondary properties on the other hand continued to be quite weak, which translated into an overall 1.1% decline in the average prices of Greater Copenhagen investment properties in the course of 2011.

This is shown in the Sadolin & Albæk commercial property price index included in this NewsLetter.

This NewsLetter includes a survey of property market indicators for rents, yields and vacancy rates in office, retail and industrial/logistics property in Copenhagen, Aarhus and the so-called Triangle Region (Fredericia, Vejle and Kolding). This survey may also be downloaded separately.

Reproduction or citation only with express acknowledgement of source.

NewsLetter February 2012: