Triangle_Region__Locations_Online_MR19

Copenhagen Property Market Report 2019

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Office

Although the Triangle Region has experienced falling office vacancy levels and rising employment levels, new office construction has been moderate, consisting primarily of headquarter newbuilds. Vejle Dandy Business Park, located north of Vejle, is a small cluster with five modern office buildings housing approximately 100 businesses and 800 employees in the knowledge-in- tensive industries. Construction of Fjordenhus, a 9,000 sqm iconic office building designed by acclaimed artist Olafur Eliasson, completed last year. The building houses Kirk Kapital and is located by the harbour. Kolding Employment numbers have been steadily rising since the financial crisis, and offices are in high demand due to the advantageous geographical location. The city centre and Kolding Nord both have strong commercial hubs with numerous office workplaces. In Kolding Nord, the hub is centred around several office headquarters and company houses, while the city centre hub is located by the harbour and Kolding’s financial district, where Nordea, Sydbank and Danske Bank have offices, and Nykredit is expected to build a new office. Fredericia Being the smallest municipality in the region, Fredericia has a corresponding low level of office construction. Unlike Vejle and Kolding, Fredericia has no well-defined central office district, rather, small office units are scattered across town. Port House is the first completed office development in the Kanalbyen district, which spans the central harbour district, formerly known for its heavy industry. The Municipality of Fredericia and Realdania have joined forces to head up the development scheme. Fully developed, Kanalbyen is expected to have 1,200 residential units and 2,800 employees in addition to retail space and public areas.

DLG began construction of their new headquarters last year in Fredericia by the E45 motorway, which will house 300 employees on completion in 2020.