Colliers Denmark Market Report 2025

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RETAIL - COLLIERS MARKET REPORT 2025

HOTEL INDUSTRIAL AND LOGISTICS RETAIL RESIDENTIAL OFFICE

Big brands focus on the most attractive locations, opening the door for niche concepts and smaller brands to gain high street exposure in secondary locations

K ø b

m

a g

e r g a d e

Note: Count of retail vacancies at Strøget, Copenhagen, conducted at year-start 2025. Vacant units include units let on fixed-term lease agreements (pop-ups and similar). Source: Colliers

K ø b m

a g e

r g a d e

Kongens Nytorv

Tenanted shop units Vacant shop units

Shops vacant since 2023 Shops vacant since 2022 Shops vacant since 2021

Ø s t e r gad e

ILLUM

Magasin

A mag e r to rv

Copenhagen and Aarhus retail vacancy rates on the rise

5%

4%

3%

2%

1%

0%

15

16

17

18

19

20

21

22

23

24

Copenhagen

Aarhus

Note: Vacancy rates, retail. Copenhagen in this context denotes Copenhagen proper. Source: Ejendomstorvet.dk, Colliers