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| Photo: Per Gudmann - Havneparken, Vejle |
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The Triangle Region property market report 2005
05-08-2005:
The Triangle Region property market is characterised by a number of positive trends:
Development activity has been brisk with annual completions averaging some 270,000 sqm of new commercial space during the past decade. Net initial yields have taken a plunge in all segments whereas rent levels have remained stable.
Sustained growth in demand for investment property situated in the Triangle Region. Especially mixed-use, multi-let properties and modern buildings let on long leases are attractive investment objects. Investors’ appetite is fuelled mainly by the higher yields offered in the Triangle Region property market compared to other Danish regions. Also stimulating investor interest are a skilled workforce, the presence of well-branded companies as well as the improved economic conditions in general.
An ideal infrastructure and ample attractive and available development sites provide solid framework conditions for further growth in the Triangle Region in the years to come: more than eight million sqm of greenfield space is ready for development for commercial purposes.
Read more about 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.
Reproduction or citation only with express acknowledgement of source.
The Triangle Region property market report 2005:
The Triangle Region property market report 2005
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