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| Photo: Vestas, Aarhus N, by photographer Per Gudmann |
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Aarhus property market update
02-10-2008: Read more about trends in the investment and occupational markets.
Aarhus property market report 2008
The Aarhus property market is experiencing exciting developments:
- The repercussions of the sub-prime crisis have prompted a general decline in commercial property prices on account of climbing rents, reduced liquidity in the financial sector and fewer investors in the market.
- Strong net-worth investors are watching out for attractive sell-outs and as a result this year’s overall transaction volume is not on a par with the levels seen in previous years, albeit an increase is anticipated in the final months of the year.
- Strong demand for high-street investment properties has helped to sustain net initial yields of around 4%.
- Record-long pipeline of office development projects, e.g. in the Aarhus harbour areas where the first couple of construction starts have already taken place.
Read more about trends in the Aarhus 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.
Aarhus property market report 2008:
Aarhus property market report 2008
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