|
|
 |
| Photo: Isabellahøj, northern Vejle by Per Gudmann |
|
|
Triangle Region property market report
21-11-2006: Continued bright outlook in the Triangle Region
The Triangle Region property market continues to be characterised by a number of positive trends:
- Substantial decline in net initial yield requirements in all segments.
- Drop in vacancy rates is pushing up rent levels slightly.
- Sustained growth in demand for investment property situated in the Triangle Region, especially multi-occupancy properties and new, modern buildings let on long leases.
- Continued strong activity within the development of new commercial areas and an ample availability of development sites provide solid framework conditions for further growth in the Triangle Region in the years ahead. In 2006, the Municipality of Fredericia in fact saw commercial land sales of almost 800,000 sqm in the DanmarkC area along the E20 motorway.
- Development activity has been brisk with annual completions averaging nearly 200,000 sqm of new commercial space during the past decade. Owing to the strong developments in DanmarkC and other commercial areas, an increase in building activities is anticipated in the coming years.
Read more about 2006/2007 trends in the Triangle Region commercial property market, including occupational and investment market information as well as details on important transactions in various sectors and sub-markets.
This market report was released November 2006. Please note that a 2006 report has not been released.
Reproduction or citation only with express acknowledgement of source.
The Triangle Region property market report 2007:
 The Triangle Region property market report 2007
|
|
|
