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NewsLetter October 2006
12-10-2006: Has the party ended on the market for residential construction and properties?
In Denmark, a surge in the supply of housing and housing projects has caused substantial uncertainty in the housing market. The stronger supply probably signals a decline in development activity and, if nothing else, stagnating site values on land designated for residential use. However, housing prices are hardly likely to experience any notable decline.
At the same time, the commercial property market is exceptionally strong with vacancy rates continuing on a downward trend, and especially central Copenhagen is seeing a marked increase in rent levels.
In our NewsLetter October 2006 we also describe the latest trends in the commercial property market, including the effects of the new planning legislation on the retail property market. Furthermore, in the investment market we see record-low net initial yield requirements.
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.
 NewsLetter October 2006
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