Aarhus Locations MR2020

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Location descriptions | Aarhus – Market Report 2020

OFFICE

Change

Market Expectations

Typical rent levels

2017 1,350

2018 1,400

2019 1,400 1,050 1,250

2020 1,450 1,050 1,250

2019-20 2020

4% 0% 0% 0% 5% 0% 5% 0%

Prime

Aarhus C

800

900

Secondary

1,150

1,200

Aarhus N

800

800

800

800

1,100

1,100

1,100

1,150

Aarhus V

700

750

800

800

1,000

1,000

1,000

1,050

Aarhus S

700

700

700

700

Note: Rent levels quoted in DKK per sq m p.a. exclusive of operating costs and taxes. Market expectations indicate trend forecast for the next 12 months. Source: Colliers

Aarhus S The office market in Aarhus South, which includes the urban areas Viby J, Tranbjerg and Højbjerg, is generally characterised by being estab- lished earlier than other areas, which is reflected in the age and quality of the buildings. Therefore, this area typically attracts companies that have a relatively strong focus on cost in their rental search. The prime office space in this area is often located with a facade facing either the ring road or the access roads.