Colliers Denmark Market Report 2024

Strong user market and high investor interest In 2023, occupational market trends followed recent years’ trends with high demand, rising rent levels and low vacancy. The high investor interest has boosted newbuilding, often without pre-letting. Users and investors alike are placing greater empha sis on reduced carbon footprint and energy consumption. In 2023, as in previous years, the industrial and logistics property market was characterised by favourable trends with rising and record-high rent levels and a sustained low level of vacancy despite a slight increase. Demand for premises increased as disruptions in international supply chains during and imme diately after the coronacrisis resulted in delayed deliveries. This prompted many companies to increase their warehouse capacity, and the increased capacity seems to be maintained in many locations. Recent disruptions to supply chains due to geopolitical unrest in the Middle East have prevented shipping companies from sailing through the Red Sea for security reasons. Instead, shipping companies are forced to sail south of Africa, which has put pressure on freight prices. There have been several recent examples of supply chain vulnerability. To hedge supply chain risks, Danish companies are expected to increase their warehouse capacity or insource produc 64 INDUSTRIAL & LOGISTICS - COLLIERS MARKET REPORT 2024 Kildebrøndevej 42, Greve