Colliers Denmark Market Report 2024

58

RETAIL - COLLIERS MARKET REPORT 2024

Key lease transactions

PROPERTY

LOCATION

LANDLORD

TENANT

SQ M

Frederiksberggade 24

Copenhagen K

Areim

Museum of Illusions Kopenhagen

1,870

Lille Torv 6, ground floor

Aarhus C

PBH 25.736

Silvan

990

Østergade 21

Copenhagen K

Euro Economics V

J. Lindeberg

200

Købmagergade 19

Copenhagen K

ECF Copenhagen Retail 17-19

Matas

600

Amagertorv 16

Copenhagen K

Sycamore

Gant

425

Key investment transactions

PROPERTY

LOCATION

SELLER

BUYER (COUNTRY)

SQ M PRICE 1

YIELD 2

ENERGY LABEL

Rema 1000 portfolio 3 (64 assets)

AKA, Reitan Ejendom & AS Straen (NO)

na

Multiple

All Denmark

Rema 1000

na

~1,800 4

Swiss Life Asset Managers Nordic (CH)

Næstved Storcenter

Næstved

BlackRock

43,000

840

7.35%

na

Jutland & Zealand

~9.00% 5

D-C

Abrdn

Salling Group (DK)

26,600

~300 5

BR portfolio 3

KFI Erhvervsdrivende Fond (DK)

Strandvejen 62A

Hellerup

Dades

5,000

216

na

D

Gallerierne 23

Hillerød

Gallerierne Hillerød KLK Momentum (DK)

17,120

199

na

C

Frederikshavn, Aabenraa, Vejle

3 retail properties

FAM-KRI Holding

Jansen Ejendomme (DK)

12,800

190

na

D-B

Note: 1 Prices quoted in DKK million. 2 Yield in this context denotes estimated direct yield. 3 Portfolio sale. 4 Estimated. 5 Indicative due to confidentiality. Source: Colliers

Slight predominance of domestic investors in the retail segment in 2023

Core investments headed the field in 2023 due to high-volume deal just before year-end

59% Core

38% Value-add

Risk profile

1% Opportunistic

54 %

46 %

2% User

DOMESTIC

INTERNATIONAL

Note: Transaction volume in Denmark, retail, by investor origins and risk profile, 2023. Source: Colliers