Aarhus Locations MR2020

Location descriptions | Aarhus – Market Report 2020

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Office

Aarhus has the following four main office locations:

Aarhus C/central Aarhus Aarhus C, central Aarhus, continues to be the main prime office location, and office premises in this area generally command the highest rents in Aarhus. The area typi- cally attracts the liberal professions, financial companies and knowledge-intensive profes- sions that value proximity to the city centre and want a prominent and visible location in the cityscape. A large share of the office stocks in this part of the city is not up-to-date or space-efficient. However, new office construction is taking place in and around the harbour area, especially around the square of Frederiks Plads. The Sydhavnen harbour area is being redeveloped by A. Enggaard A/S into a new commercial district with office spaces, hotels and shops. Aarhus N/Skejby Skejby and the surrounding area in Aarhus North, is a highly successful office area. However, the area is characterised by intensive traffic during peak hours, which has meant that some tenants are looking to relocate further north. By opting for premises north of Skejby, tenants will typically also achieve a lower rent level. Vestas is one of the main firms in the area, occupying large-sized premises in the area. Other large office users in the area include Falck, G4S, ATEA, IBM, Willis, NRGi, Mercuri Urval and Rambøll. Apart from offices, the area also houses the 25,000 sq m north campus of VIA University College and the university hospital, Aarhus Universitetshospital, which, due to being appointed a superhospital, is undergoing a comprehensive expansion and is expected to be fully operational as from 2020. Aarhus V Offices in the urban areas Åbyhøj, Brabrand and Aarhus V, which can be categorised as Aarhus West, are typically concentrated around the Ring Road and along the approach roads. There is generally a greater difference in quality than in Aarhus C and Aarhus N, which is reflected in relatively large differences in rent levels. A popular office district has evolved along Viborgvej, attracting several large businesses and new office developments. Current tenants in the area include Tryg, Siemens and KPMG. Furthermore, the new office towers called Byporten are expected to welcome new tenants in near future. In Aarhus V, the City of Aarhus has taken the first steps in the transformation of the Gellerup neighbourhood, with the completion of a new office building, Blixens, of approx 20,000 sq m with room for approx 1,000 employees. It is expected that other new office buildings will be constructed in Gellerup, especially along the ring road, which may become a new attractive office area in Aarhus in the long term.