Newsletter_Q2_2018_UK

Newsletter Q2 2018

DEVELOPMENT AND REDEVELOPMENT OF COMMERCIAL DISTRICTS

By Ole Hjorth, Director, Sadolin & Albæk, Urban Development

The development of new commercial districts and the redevelopment of existing ones require not only knowledge of the framework conditions and localisation criteria weighted by businesses and investors, but also a realistic assessment of the demand for land and buildings.

Today, the 34 municipalities making up the Capital Region of Denmark offer more than 150 actual commercial districts featuring a wide variety of uses and location. The varied offering makes it easy for businesses to find a location that matches their client base, staff and solvency, but at the same time it reflects some of the most crucial sticking points in future regional and municipal planning.

Users and investors distinguish between three main types of commercial property: office property, production and workshop property as well as storage and logistics property. For each property type, specific requirements apply in terms of buil- ding quality and functionality as well as the proper- ty’s location vis-à-vis general infrastructure, visibi- lity, etc.

Corporate demands in terms of building quality and functionality as well as framework condi-

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