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NewsLetter June 2008
19-06-2008: Latest trends and market indicators, Danish commercial property market.
As the Danish residential property market has been weak for almost two years now, many market players are asking themselves if the commercial property market is next.
In recent quarters, vacancy rates have been edging up slightly in the market for commercial lease premises, and investors’ net initial requirements have shown a certain upward trend. In addition, the considerable risk-adversity demonstrated by the financial sector has made it much more difficult and expensive to finance property investments.
Sadolin & Albæk has therefore analysed whether the prices of commercial properties have reached a level that exceeds the level warranted by the underlying economic conditions.
The Sadolin & Albæk NewsLetter June 2008 proves that the price correction that has already taken place in the Danish market to a great extent has restored the balance between property prices and economic developments. Expectations of any major crisis and a dramatic slump in commercial property prices therefore seem unjustified.
In our NewsLetter June 2008 we also describe the latest trends in the commercial property market, including the market for commercial lease premises.
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 June 2008:
 NewsLetter June 2008
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