Newsletter_Q2_2018_UK

Newsletter Q2 2018

Copenhagen business relocations 2017

85

80

35

112

122

73

Copenhagen N

60

Copenhagen NV 14 36

Copenhagen Ø incl. Nordhavn

430

209

231

Brønshøj 5 17

17

Vanløse 5 20

11

Copenhagen K

92

100

88

88

114

83

Frederiksberg

Copenhagen S incl. Ørestad

20

18

11

Valby

56

Relocations inside district

30

10

Newcomers to district

Copenhagen SV

Leaving district

within a confined geographical area. This espe- cially applies to the Copenhagen CBD, Copenhagen K, which has seen brisk relocation activity. This district is characterised by a relatively old building stock with a high ratio of obsolete office units that are less flexible than newer premises and therefore less adaptable to increases or reductions in corpo- rate area requirements. This is one of the reasons why multiple Copenhagen businesses have opted for short-distance relocations in recent years. Since 2013, the liberal professions and the smallest businesses (2-9 employees) have accounted for most relocations. Conversely, the relocation

The share of same-district relocations is also very pronounced in the district of Frederiks- berg. In 2017, 67% and 49% of all relocations in Copenhagen K and Frederiksberg, respe- ctively, took place within the same district. Along with Copenhagen K, new city districts such as Ørestad and Nordhavn are topping the list of districts attracting most newcomers because both districts have a greater offering of up-to-date office premises.

19