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NewsLetter October 2009

26-10-2009: Latest trends and market indicators, Danish commercial property market

For the past 12 months, activity in the Copenhagen market for investment property has been very slow. Nevertheless, activity has been picking up lately, and Sadolin & Albæk predicts a substantial increase in transaction volume in the fourth quarter of 2009. At the same time, the prices of prime investment properties in particular now seem to be stabilising, whereas the market for more secondary properties and development objects continues to be marked by great uncertainty, also because fairly large portfolios of such distressed properties have been taken over by mortgage banks and banks.

In our NewsLetter October 2009 we also describe the latest trends in the commercial property market, including the hotel property market.

This NewsLetter includes a survey of property market indicators for rents, yields and vacancy rates in office, retail and industrial/logistics property in Greater 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 October 2009:

NewsLetter October 2009

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