Copenhagen Property Market Report 2020

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Copenhagen Property Market Report 2020

6.6% vacancy in Copenhagen at the beginning of Q4 2019

Vacancy increase driven by outdated office stock

12%

10%

8%

6%

OFFICE HOTEL RETAIL INDUSTRIAL REGIONS RESIDENTIAL

4%

2%

0%

08

09

10

11

12

13

14

15

16

17

18

19

Note: Vacancy rate, office, Copenhagen proper (København by). Source: Ejendomstorvet.dk

+743,600 sq m accumulated net take-up in Greater Copenhagen since 2010

Surge in office net take up in Greater Copenhagen

-500,000 -400,000 -300,000 -200,000 -100,000 0 100,000 200,000 300,000 400,000 500,000

-1,000,000 -800,000 -600,000 -400,000 -200,000 0 200,000 400,000 600,000 800,000 1,000,000

10

13 12 11

14

15

16

17

18

19

Net take-up by year (l. axis)

Acc. net take-up (r. axis)

Note: Net take-up, office, Greater Copenhagen (sq m). Source: Ejendomstorvet.dk

Visualisation, Kalvebod Brygge 32, Copenhagen CBD