CPH Office__Locations_Online_MR19

Copenhagen Property Market Report 2019

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with housing and offices. The area benefits from easy access to both the city centre, the motorway grid and Copenhagen Airport. The office stock is characterised by former industrial buildings, which have been redeveloped.  Nordhavn Currently under development, the vibrant and prestigious new city district of Nordhavn houses several financial businesses and law firms, valuing the up-to-date, space-efficient and flexible office premises in the area and its ample parking facilities. With its proximity to the city centre and attractive waterfront location, Nordhavn has evolved into an exten- sion of the existing Copenhagen CBD in competition with Kalvebod Brygge and Tuborg Nord further north. The district benefits from proximity to Nordhavn S-train station, and with two Metro stations opening in 2020, access to the entire Greater Copenhagen area will improve. In addition, the now Nordhavnsvej has improved access to the northern part of the motorway grid. Nordhavn is home to spectacular office buildings such as the highly sought-after Portland Towers, but the inner areas around Sundkrogsgade have been prone to some vacancy, with a combination of high rent levels and significant construction activity somewhat dampening demand.

Domestic institutional PFA Pension owns several parcels of land on the easternmost peninsula of Redmolen, where construction is expected to commence in 2019.