Colliers Denmark Market Report 2024

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RETAIL - COLLIERS MARKET REPORT 2024

HOTEL INDUSTRIAL & LOGISTICS RETAIL RESIDENTIAL OFFICE

Instead of having two stores close to each other, more tenants are choosing to open flagship stores where they are willing to pay a higher rent due to a better location

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Note: Count of retail vacancies at Strøget, Copenhagen, conducted at year-start 2024. Vacant units include units let on fixed-term lease agreements (pop-ups and similar). Source: Colliers

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Kongens Nytorv

Tenanted shop units Vacant shop units

Shops vacant since 2022 Shops vacant since 2021 Shops vacant since 2020

Ø s t er ga d e

ILLUM

Magasin

A mag e r to rv

Retail vacancy rates edging up in Copenhagen and Aarhus

5%

4%

3%

2%

1%

0%

14

15

16

17

18

19

20

21

22

23

Copenhagen

Aarhus

Source: Ejendomstorvet.dk, Colliers

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