Colliers Denmark Market Report 2025

26

OFFICE - COLLIERS MARKET REPORT 2025

Slow transaction market, but recovery on the way Investors remained guarded in the office market in 2024, with foreign inves tors in particular staying away from the Danish market. In the office seg ment, the fear of prolonged vacancy has further increased investor caution.

Is homeworking really a threat to the market? The COVID-19 pandemic’s forced lockdowns and fur loughs really put homeworking on the agenda in Denmark. Working from home is still part of the culture in most workplaces. The proportion of Danes working from home has increased from around 35% to over 40% since the begin ning of 2022, yet office vacancy in Denmark has remained

The growing popularity of working from home has led to a shift in the way people work, causing turmoil in office markets around the world. Since the beginning of 2022, several German cities have seen significant increases in vacancy levels. Similar trends are seen in several US cities and parts of London, where working from home is a widespread phe nomenon and office vacancies are at record highs.

GRÅT SKÆRES FRA

More Danes are working from home, but less frequently

50%

40%

30%

20%

10%

0%

20 19 Frequently Occasionally

21

22

23

24

Note: Proportion of employed people aged 15-64 who work from home, by frequency of working from home. ‘Frequently’ includes people who worked from home more than half of the days in a 4-week period. ‘Occasionally’ includes people who worked from home at least once in a 4-week period and less than half of the days. Source: Statistics Denmark, Colliers