Colliers Denmark Market Report 2025

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OFFICE - COLLIERS MARKET REPORT 2025

HOTEL INDUSTRIAL AND LOGISTICS RETAIL RESIDENTIAL OFFICE

Tenancies of the future: ESG on the agenda

The growing interest in green property and sustainability is putting ESG on the agenda for both tenants and landlords. Among tenants, there is a greater expectation that properties meet high ESG standards, documented through certifications such as LEED, BREEAM or DGNB. Green leases are becoming a key tool to ensure that property operations meet both regulatory requirements and market expectations.

Leases typically include require ments for data exchange for report ing, management of renewable energy sources and common targets for reducing resource consumption. This not only supports sustainable development, but also creates trans parency and consistency in tenant and landlord sustainability efforts. With the EU CSRD directive, sus tainability reporting became a legal requirement for many compa nies and their suppliers from 2024. Landlords should therefore include clear ESG clauses in their contracts to stay competitive and ensure

properties remain attractive to com panies with stricter reporting and sustainability requirements. Older office spaces face significant challenges. Many leases will require extensive energy optimisation and updates to meet tenant requirements, supporting their net-zero ambitions. In some cases, the high costs can make it difficult to justify the invest ment in the short term, but without the necessary ESG measures, land lords risk their properties becom ing stranded assets difficult to lease and sell.

For both tenants and landlords, ESG is no longer just about following trends, but about futureproofing a position in the market. Green leases are a strategic solution that not only ensures compliance with stricter legislation, but also con tributes to long-term value and sus tainable development. Early investments in ESG can there fore be crucial to maintain the attractiveness of properties and ensure that they meet the stricter demands of legislation, tenants and capital providers.