Colliers Denmark Market Report 2024

87

HOTEL - COLLIERS MARKET REPORT 2024

HOTEL INDUSTRIAL & LOGISTICS RETAIL RESIDENTIAL OFFICE

Tighter loan requirements for hotels affecting yield requirements

0% 1% 2% 3% 4% 5% 6% 7% 8%

14

15

16

17

18

19

20

21

22

23

24

Prime

Secondary

Note: Net initial yields, Copenhagen hotels let on long leases (15+ years). Source: Colliers

Key investment transactions

HOTEL

LOCATION

SELLER

BUYER (COUNTRY)

SQ M

PRICE 1

YIELD 2

ENERGY LABEL

700

C

Comfort Hotel

Copenhagen V Starwood Capital

NREP (DK)

13,560

na

Hotel Comwell Køge Strand

Aage V. Jensens Fonde

AKF Holding / Sampension (DK)

~6.00%

D

Køge

7,860

~141 3

Zleep Hotel

Taastrup

Private investors

CIC Hospitality (NO)

10,190

120

na

C

Scandic Jakob Gade

Vejle

Private investors

Private investors (DK)

6,675

100

na

A2015

Note: 1 Prices quoted in DKK million. 2 Estimated yield. 3 Indicative due to confidentiality. Source: Colliers

Comfort Hotel Vesterbro. Photo made available by NREP

Christoffer Mortensen Associate I Valuation & Advisory christoffer.mortensen@colliers.com

Muhamed Jamil Eid Senior Director & Head of Valuation & Advisory muhamed.eid@colliers.com